Answering the question of cost is not always straightforward as various factors will influence the total amount. In this article, we will break down some of the key cost inputs to help you better understand the factors that contribute to the pricing of your new home.
1. CONSTRUCTION COSTS
The construction costs are a fundamental component of building your luxury home, and they can be influenced by various factors:
Overall House Size
The size of your luxury home is undoubtedly one of the most significant factors that will influence the cost of construction. Generally, larger homes require more materials, labour, and time to build. At Marque, we pride ourselves on offering a diverse range of house sizes to cater to different preferences and needs. Whether you desire a spacious mansion or a more intimate luxurious residence, our team is ready to accommodate your vision.
Key Features of Your Home
Defining the needs within your home is an important step to understanding the overall cost. For example, increasing the number of bathrooms, or incorporating elements such as expansive voids or basement levels will impact the cost.
Your Level of Luxury
At Marque, we have three distinct options: Black, Luxury, and Custom. Each range offers a unique set of luxurious features and finishes. Your decision on this approach will influence the cost of your new home. The Black range offers premium features, while the Luxury range takes opulence to the next level. If you seek complete personalisation and the finest materials, our Custom range allows you to create a truly one-of-a-kind masterpiece.
2. SITE COSTS
Site costs are another critical aspect that can affect the overall cost of building your luxury home. Various factors contribute to site costs, including:
Sloping Land
Building on sloping terrain often requires additional engineering and construction work. While the result can be breathtaking, it may come with added costs to ensure stability and structural integrity.
Soil Quality
The type and quality of soil on your property can influence the foundation design and construction method required. Soil testing and potential reinforcement may be necessary to ensure the safety and durability of your home.
Access and Utilities
The ease of access to your site and the proximity of utilities such as water, electricity, and gas connections can affect costs. If these services need to be extended or upgraded, it can result in additional expenditure.
3. DECOR UPGRADES
We believe that your luxury home should be a true reflection of your personality and style. Decor upgrades encompass anything beyond our standard inclusions that you may wish to add or enhance. From premium fixtures and fittings to bespoke cabinetry and cutting-edge technology installations, our Design Studio team will work closely with you to incorporate these personalised touches seamlessly into your home design.
4. OTHER PROJECT-SPECIFIC NEEDS
In addition to the primary cost inputs, there may be other project-specific items to allow for:
Town Planning
Obtaining necessary permits and adhering to local regulations may incur costs in the planning phase.
Demolition of Existing Property
If applicable, the demolition of an existing structure may be a factor to include in your overall budget.
Landscaping, Driveway, and Fencing
Enhancing the outdoor spaces of your luxury home may involve additional expenses for landscaping, driveway, fencing, or a pool.
At Marque, we understand that building a new luxury home is a significant investment, and we want to ensure complete transparency in the cost breakdown. By considering factors such as construction costs, site costs, decor upgrades, and project-specific items, we strive to deliver the perfect balance of opulence and value for your dream home. Our team of experts is dedicated to guiding you through the process, making your luxury home vision a reality within your budget.
