We are pleased to announce that Scott Sherrard has been appointed as Director, alongside Ben Spannenberg. Scott first joined our company in 2015 as a Carpenter, and has since held various roles including Site Supervisor and Project Manager.
He will continue to be the face of our Campbelltown office guiding the team in his role of Branch Manager. With a wealth of industry knowledge and experience, Scott is well-positioned to excel in this leadership position.
We are extending the front of this home with a new kitchen and large dining and lounge area, the views are amazing and opens onto a lovely balcony which we are renovating, so looking forward to showing you the finished product, our clients are going to be so happy with this space where they can entertain family and friends. Think how coming home to this everyday has to make you feel so good!
We love transforming our clients homes and being of service we also like hearing some great feedback, this is what our client Cecilia had to say about her Building experience with Spannenberg and Son.
How does that effect the cost of your renovation? How can Spannenberg and Son give you some assurances that your build will not blow out in cost?
Typically we have price rises on July 1 every year and we do expect this to occur in 2025 as it does every year, on July 1 almost all government bodies will implement a price rise and an example of this may be an environment levy increase, this puts up tipping prices another example may be council DA charges and levy increases.
So what else is pushing up prices?
Government industrial relations policy changes only recently introduced on small business contractors have put pressure on the transport industry, so transport prices have gone up. Then we have the green movement which has restricted gas supply, gas is used to manufacture a significant amount of building materials like insulation, glass, bricks etc. We know about electricity increases, businesses have to pass this on. Australians are choosing to save the planet and send manufacture and transport costs up and overseas then we are choosing higher prices.
In a snapshot here are the price rises commencing 2025 –
What is happening with wages? Some of the heat and demand has come out of the market, which has over the last few years contributed to wage increases, the top end of the market in the multi million dollar home sector is still busy but the rest of the market has cooled slightly which has helped to settle prices, the last of the superannuation increase occurs on July 1 at an additional 0.5% to bring it up to 12%, the government will increase the minimum wage on July 1 as it always does.
How does this effect the cost of your renovation?
Once you have signed a fixed price contract with your builder he cannot pass these increases on and must wear these increases, alternatively you can sign a cost plus contract with your builder and he can pass these costs on throughout the build, with a fixed price contract do expect the builder to need to load some of this risk factor into the price.
Australians are known to take a gamble, an example of this is that most Australians have variable interest rate home loans at a lower amount compared to the overseas market where they are fixed but at a higher rate, its all about who is bearing the risk, some Australians will fix their rates and try and beat the banks, this is an example of how some clients will have differing tolerances for risk, hence some will wish for a fixed price build contract or others may go for a cost plus contract with their builder.
How can your builder give you assurance that your price will not blow out? What it the key?
Right at the start a design that suits your scope and has been accurately priced and selecting a builder who is professional and has a solid track record.
Speak to Spannenberg and Son about our service and process today to find out how you can save money and gain assurance that your build cost will not blow out.
Showcasing trends and design ideas in a recent bathroom renovation.