Shop around. Do not lock yourself into a contract until you:
- know exactly what you want
- have compared at least three quotes for the same plans and specifications
- understand the consequences of signing the contract.
Beware:
- Some extension and specialist companies, such as those dealing with bathroom renovations and kitchen renovations, will not provide detailed information and a price unless you sign a contract and pay a deposit for plans and specifications.
- Signing this type of contract might mean you cannot use the plans elsewhere, despite paying for them.
- If you change your mind after any cooling-off period, you may not get all your money back and may not be able to use your plans.
If your project is big, consider engaging an independent quantity surveyor to assess your plans and estimate the cost. This can help you when comparing quotes from builders. The Australian Institute of Quantity Surveyors has a list of its members.
Last updated: 15/05/2012