What does 'turn-key' mean?
Turn-key simply means that once your new home is completed, you can turn the key and start living. The build price will include everything a home should have, such as landscaping, fencing, window coverings and a driveway.
When purchasing house and land, the builder should be able to provide you with a full list of inclusions for your new home package.
A turn-key home should include:
- Landscaping and fencing
- Turf and letterbox
- Driveway and paths
- Blinds to windows and sliding doors
- Fly screens or security screens
- Air conditioning
- Kitchen appliances including a dishwasher
- Lights and bedroom fans
- Flooring throughout the home
Don't get caught out!
Builders love to entice buyers with super cheap build prices. This method leaves out many essentials that a home should have. In addition, it does not consider the site costs and build requirements for your specific block of land.
This is an example of how it may be advertised...
"Price after $30,000 First Home Owner Grant. Excludes land and site costs. Advertised price is based on standard inclusions and does not include landscaping, driveway, paving, appliances, fencing and window furnishings. Images for display purposes only and may depict finishes and features that are not included. Please contact us for detailed pricing."
What to consider
It's important to understand that if your home is not turn-key, you may need to allow enough funds to complete your home down the track. In addition, the price may surprise you when the builder adds on the extra inclusions or items you require.
At MWC, our homes are all turn-key. This means our prices are inclusive of everything a home should have, such as a driveway, appliances and landscaping. It is also specific to your block, ensuring no nasty surprises that may surpass your required budget!
Ask the builder...
- Is your advertised price turn-key?
- Can you provide me with the complete list of inclusions?
- Will the contract include a driveway, fencing and site costs?
- Where can I find reviews from your clients?
- Where can I see recent examples of your work?