The government has recently formulated laws and policies for new house developments in Perth. These came with a view to encourage real estate development as foreign investments, as well.
Oftentimes, people confuse new house developments with single house development, but respected contractors Vision One Projects explained that there exists a distinct difference between the two because of their respective characteristics and facilities offered.
Difference in Lot Location
As both house development complies with Australia’s building code, development of new houses bases itself on the condominium concept with clusters of buildings within a given compound, whereas single house ownership confines itself to one person or persons who buy a plot of land and build a separate home on it.
Materials Used in Construction
New houses are mostly made from prefabricated materials, which comprise the building’s walls, roofs, floors as well as the other areas of the building. A single house, on the other hand, is essentially a brick and mortar structure where the owner selects the materials and the local contractor puts it all together. This makes construction all the more costly, whereas a modular house uses prefabricated materials, which are much lower.
The construction period for new houses is only a matter of a few hours or days while single ownership houses may take up to months to complete. Moreover, as new houses are mostly condominiums, it takes up more construction time to build other facilities such as a swimming pool, parks, landscaped gardens and even gymnasiums, which may not be available in some single houses.
Longevity and Durability
New houses are ideal for working people who needs immediate occupation of the unit at the earliest upon payment of the ownership dues. This house development has regular maintenance and an increase in value over time. A single house may decrease in sturdiness over the years due to lack of maintenance and may not have the right value in case it is put up for sale.
The two types of houses have their own pros and cons. It usually depends on the individual preferences of the owners. Both have separate building codes ruling their construction processes but in the end, what matters most is the owner’s choice.