If you’ve ever considered building a new home, you’ve probably come across the term ‘turnkey’. But what does turnkey mean?
The unfortunate truth is that it means something different depending on who you’re talking to. It’s supposed to mean the home is completely ready to live in—simply turn the key and move in.
But to a lot of builders, that is subjective. Some consider 4 walls and a roof a ‘complete’ home. But this means you might not get a clothesline, internal paint, landscaping, or even a letterbox!
At No1 Property Guide, we believe that no new home is truly complete unless it is actually 100% ready to live in. This means including absolutely everything you’d expect to be in your home, all the way down to the letterbox and clothesline.
That’s why, using Darren Walters’ no or low deposit new home system, we focus on building 100% fixed price, full turnkey house and land packages. This means you’ll know exactly what you’re getting, with no hidden costs or nasty surprises. Everything is included in the price.
It’s why we’ve been able to help thousands of renters become homeowners over the years. And it could possibly help you as well! The first step is discovering what you can or can’t do by filling in our simple pre-qualification form. From there, our New Home Consultants will show your factual options and guide you through the journey from renting to homeownership.
Why Does Full Turnkey Matter?
Full turnkey homes are important because you don’t want to get caught out paying additional costs like landscaping, internal fixtures or extra site costs. When you’re building a new home, it’s important to understand what is or isn’t included. The best way to do this is to look over the contract at the inclusions list.
Unfortunately, this can be confusing as there isn’t really an industry standard for how home build contracts are written. However, one easy thing to look for is your ‘allowances’. This is what many builders will put into contracts when they aren’t fixed price. All it means is that a certain amount of your base price is going towards that particular feature. And if the costs go over that, then you need to pay extra.
And in most cases, it will. If you’ve already chosen to build new through a company, go over their contract and look for any ‘allowances’. You can use these as a basis and get quotes from other companies to see what that feature would cost.
If your landscaping allowance is only $2,000. You’re probably going to end up spending another couple thousand to get your front and backyard looking immaculate.
Look over the contracts to see if any key features simply aren’t included as well. In our opinion, turnkey homes need to have everything you’d expect to be considered full turnkey. And if you are missing a letterbox, driveway, or clothesline, then your home isn’t truly complete.
“I am so greatful for Darren, Clay and the team they have been so supportive throughout this journey they understand that the process of buying our first home is super stressful and they have taken care of us every step of the way. Very greatful to be approved and super excited to start the building process! Thankyou, Thankyou Thankyou”
“At first I thought this was too good to be true, but straight after submitting my interest I received feedback. During the entire application process Clay kept me well informed and always made time to answer my never ending questions. Thanks to Darren and his team my dream is now reality. “
“Thank you to Darren, Clay and the team for helping me and my partner secured a home loan in the middle of the pandemic. Clay and Taylor go above and beyond to make every step so simple for us. We can’t thank you guys enough, you guys are the best in the business. We appreciate all your help.”
Secure Your No or Low Deposit New Home Today
At the end of the day, it’s going to come down to whether you want peace of mind, knowing your new home is 100% fixed price, full turnkey. Or, whether you’re confident you can trust your builder and truly understand what turnkey means.
If peace of mind is what you’re after, then contact No1 Property Guide today! Our simple pre-qualification form will let us work out your factual options. From there our New Home Consultants will simply guide you through the journey into your own no or low deposit new home.