According to the promises, Masterton homes provides fixed pricing and peace of mind. Be aware when signing the final contract with them. Here is the story.
Although I was kind of pre-warned by their poor customer focus, high level of internal buerocracy (which caused several month of delay between councl approval and commencement of building activities), I signed a contract to build a duplex to the total sum of about 480K. Never mind that a local builder was about 15% cheaper and much more customer focussed. I understood that there were some allowances that might be exceeded if there are unusual circumstances. Now I am learning that I am getting the first excess payment of 5,5K to remove the soil from excavating the foundation. That means that I have already exceeded my budget by 1% before even the slab has been poured. I am horrified of what will come next?
This is a deliberate practice of Masterton Homes, to hide excess pricing and to obtain an unfair competitive advantage over competitors. I will keep all new developments on excess charges posted on this blog.
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2 comments:
Anton, I'd be very interested to read about your experiences. We are waiting on a tender from Masterton and are keen to proceed. Good luck! I hope this is not an indication of things to come for you (or us!).
Anton,
How are things going??? i hope that your experience is getting better. We have nothing but great things ti say about Masterton they have been great.
hope every thing is going ok.
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