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What to do if you realise your budget is unrealistic - Episode 6 (Season 3)

What to do if you realise your budget is unrealistic - Episode 6 (Season 3)

FromGet It Right with Undercover Architect


What to do if you realise your budget is unrealistic - Episode 6 (Season 3)

FromGet It Right with Undercover Architect

ratings:
Length:
27 minutes
Released:
Jul 10, 2017
Format:
Podcast episode

Description

There’s a saying that goes something like this … 
“A new home or renovation will always cost twice as much, and take twice as long, as you expect it to” 
It’s usually given as a warning to those embarking on their project. And often it’s handed out at school gates or BBQs or in the workplace … where well-meaning friends and colleagues who’ve been through a project of their own, share learnings from their own experience. 
However, in Amelia's opinion, there’s a big issue with this piece of advice. What she actually finds is this: 
Homeowners in fact start  their project expecting that it will take half as long, and cost half as much as it actually will. 
Amelia dooesn't know how expectations and reality got so far apart. Perhaps it’s a diet of reality TV programs and big shed hardware stores. 
So, let’s look at what can happen when you realise your budget is unrealistic, and how to get yourself back on track so you can keep going on your project.  
There are four main areas where Amelia see homeowners run into trouble and discover their budgets are unrealistic for what they’re seeking to build or renovate.  
These 4 main areas are really categorised by red flags, or warning signs, so Amelia's going to talk about them in that way so you can keep them on your radar for your project.  
These 4 main warnings or red flags are: 

Looking for magic pills 
Not understanding the impact of your decisions (and this extends to those you’re working with not advising you either) 
Not listening to warning from your professional team 
Not tracking your budget 

So, is your budget unrealistic for your project vision? Listen to the podcast now to get help on what to do if it is – and keep you moving forward towards your finished home.  
This season, Undercover Architect has a podcast partner: Kiiko LED. 
Kiiko LED is customisable, DIY, LED strip lighting, that you can order online to your specifications, for your needs and project. 
Kiiko LED is founded by Craig Thomas, who Ameilia personally has had the pleasure of working with for over 12 years now, in her own projects, and in client projects.  
And so Amelia has been able to organise with Kiiko a fantastic UA Community only offer. If you head to their website at www.kiiko.com.au/undercoverarchitect you’ll be able to access a $25 discount to use on your first order.  
Check it out, and start building your Kiiko LED strip lighting now! 
FOR RESOURCES MENTIONED IN THIS PODCAST CLICK HERESee omny.fm/listener for privacy information.
Released:
Jul 10, 2017
Format:
Podcast episode

Titles in the series (100)

If we haven’t met before, I’m Amelia Lee, the architect behind Undercover Architect: an online business to help and teach homeowners like you how to get it right when designing, building and renovating your home. Undercover Architect is all about giving you access to the industry knowledge and insights you need to avoid the mistakes and dramas that can cost you thousands, tens of thousands and even hundreds of thousands of dollars. And it’s about levelling the playing field, so that the world of renovating and building doesn’t seem so mysterious, and you can be the active driver in your project, navigating it with know-how and confidence. Undercover Architect helps and teaches homeowners through this podcast, the website, and online courses and programs, including my flagship program, HOME Method. I truly believe that when you know the questions to ask, the steps to take and the best way to create a home that works, feels great, and that you feel great in, you can enjoy the process of building and renovating, as well as the home you move into at the end of this ambitious journey. Consider Undercover Architect your secret ally: whoever you’re working with, and whatever your location, your budget or your dreams. For more, head to www.undercoverarchitect.com