Get It Right with Undercover Architect

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


Listen Later

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: 

  1. Looking for magic pills 
  2. Not understanding the impact of your decisions (and this extends to those you’re working with not advising you either) 
  3. Not listening to warning from your professional team 
  4. 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 HERE

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

Get It Right with Undercover ArchitectBy Amelia Lee, Undercover Architect

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

51 ratings


More shows like Get It Right with Undercover Architect

View all
No Filter by Mamamia Podcasts

No Filter

580 Listeners

Conversations by ABC

Conversations

832 Listeners

Life Matters - Full program podcast by ABC

Life Matters - Full program podcast

60 Listeners

Ladies, We Need To Talk by ABC

Ladies, We Need To Talk

309 Listeners

money money money by Glen James

money money money

48 Listeners

Australian Finance Podcast by Rask

Australian Finance Podcast

24 Listeners

this is property by John Pidgeon & Rachelle Kroon

this is property

4 Listeners

The Imperfects by Hugh van Cuylenburg, Ryan Shelton & Josh van Cuylenburg

The Imperfects

362 Listeners

What's That Rash? by ABC

What's That Rash?

243 Listeners

Retire Right by Glen James

Retire Right

22 Listeners

Pop Culture Parenting by Dr Billy Garvey, Nick McCormack

Pop Culture Parenting

38 Listeners

Australian Property Podcast by Rask

Australian Property Podcast

6 Listeners

Financially Fierce by Jess Brady

Financially Fierce

3 Listeners

Australian Retirement Podcast by Rask

Australian Retirement Podcast

9 Listeners

Big Design Adventure by Tim Ross & Kevin McCloud

Big Design Adventure

14 Listeners