Wednesday, November 18, 2015

Disrupting the status quo in construction, extension and renovations


A lot of builders, home owners and property investors talk about the cost to build a house in terms of dollars per square meter. The way this is calculated is by taking the total cost of the build and dividing it by the total floorspace of the home (not the land).

I am personally not a massive fan of these calculations as the cost per square foot/meter for a kitchen or bathroom is going to cost a lot more than the cost per square foot/meter for an empty room.

Thus your calculations can quickly become inaccurate if you are creating a large kitchen or bathroom space in the home.

None the less it is an important measurement so here is a rough estimate of cost per square metre different types of houses may cost you.
  • Project Homes (basic) – $620-$780/square metre
  • Project Home (deluxe) – $1,000 – $3,000/square metre
  • Custom Built Homes – $1,500 – $3,000/square metre
  • Deluxe Customer Built Homes – $2,500 – $4,000+/square metre

Extra Costs You Need To Take Into AccountThere are also some extra costs you need to take into account which could end up costing you a significant amount of money. It is difficult to estimate the costs without knowing anything about your land or your build. 


PM4Reno is disrupting the status quo, and offering FREE project cost assessment and contract reviewFor more information, please 'click to visit PM4Reno'  (www.hermlogic.com/pm4reno)

Wednesday, November 11, 2015

Collaborate more effectively on building projects

This week, we launched our ‘cloud’ based project collaboration managed service.
What does it mean to our Customers? (re: attached PDF)
For the first time, home owners and investor groups (project owners) will receive scheduled progress reports at each stage of development - from start-to-finish. 
For the contracted builder, sub-contractors and tradesperson, the application provides real-time access to critical information. These include,

  • Project Documents: Approvals, Permits, Reports, Notices, Surveys, etc.
  • Building Plans: Up-to-date plans that can be downloaded to a smart devise - phone, iPad, tablet, etc.
  • Project Schedule: Up-to-date visibility of who's doing what, when, where at the site, including overlapping jobs.
  • Reporting: Progress reports, and report sharing between tradespeople on each job, and related task.
  • Contract Details: Names, photo ID and contact details of all key personal contracted to the project.

The PM4Reno collaboration software (SaaS App) gives us complete visibility over our Customers project. The projects progress across each stage of development, and likely risk and issues - to ensure the project is delivered to scope, on-time and at the lowest total cost (LTC).
For more information, please 'click to visit PM4Reno' [www.hermlogic.com/pm4reno]