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Benefits of a Master Build Guarantee when building a home

Written by Kory Sweeney | Jun 18, 2023 9:07:45 PM

Building a new home, second dwelling, transportable cabin or any kind of construction project is a significant undertaking, both in terms of time and money. It is a complex process that involves numerous contractors, materials, and potential risks. To ensure that your investment is well-protected and that you have peace of mind throughout the entire construction journey, it is essential to engage with a company that offers a Master Build Guarantee. This guarantee is valid for 10-years and not only provides financial coverage for future construction issues but also protects you and your new build in case unforeseen circumstances arise during the building process.

So what does having a 10-year Master Builders Guarantee really mean? Below we outline the four key benefits. 

Financial Protection

One of the primary benefits of having a Master Build Guarantee is the financial protection it offers. Constructing a home or any other building involves substantial financial investments. With the guarantee in place, you can rest assured that you are financially covered for potential issues that may arise in the future. If any defects or faults become apparent after the completion of the project, (that is not general wear and tear) the guarantee ensures that the necessary repairs or remedial work will be carried out without incurring additional costs to you. This protection alleviates the burden of unexpected expenses, giving you peace of mind and safeguarding your financial investment. In fact, the Guarantee ensures your customers are protected for 10 years, regardless of whether the company who built your home is still in business or not.

Building Process Assurance

During the building process, various unforeseen circumstances can arise that may hinder the completion of the project. If the construction company you are working with becomes unable to finish the build due to bankruptcy, insolvency, or other reasons, having a Master Build Guarantee can offer you valuable protection. The guarantee ensures that another reputable builder will step in and complete the construction, ensuring minimal disruption and delays. This not only saves you from the hassle of finding a new builder but also provides assurance that the project will be completed to the required standards.

Quality Assurance

A Master Builders Guarantee also serves as a mark of quality assurance. Construction companies that offer such guarantees are typically reputable and committed to delivering high-quality workmanship. By engaging with a company that provides a Master Builders Guarantee, you can have confidence that the construction will be carried out to the highest standards. This guarantee acts as a testament to the builder's expertise and commitment to customer satisfaction, giving you reassurance that your dream home or project will be built with meticulous attention to detail and using quality materials.

Increased Property Value

Having a 10-year Master Builders Guarantee can enhance the value of your property. When you decide to sell your home or property in the future, the guarantee provides potential buyers with the assurance that the construction has been completed by a reputable builder and that any potential issues will be covered. This additional layer of protection can make your property more attractive to buyers and potentially increase its market value. Also, if you decide to sell your home before the 10-year Master Builders guarantee is up, this can be transferred over to the new owners.

 

As you can see above, engaging with a construction company that offers a Master Build Guarantee provides numerous benefits. At Location Homes, we understand the importance of providing our clients with the utmost confidence and peace of mind when it comes to their construction projects, which is why we are proud to be a member of the New Zealand Master Builders Association and offer a 10-year Master Build Guarantee on all our homes and transportable pods. This guarantee is a testament to our commitment to quality, customer satisfaction, and the long-term durability of our constructions.