Exploring Estate Covenants and Guidelines

By: OpenLot.com.au | 04 Oct, 2024
Exploring Estate Covenants and Guidelines

Ep. 17 | What are Estate Covenants and Guidelines?

 

In the latest episode of the Home Building Hub podcast, hosts Colin Bischof and Darren Brennan delved into a crucial aspect of home construction: estate guidelines, also known as estate requirements or estate covenants. This informative discussion aimed to demystify these often-overlooked aspects of purchasing land or a house and land package.

Colin and Darren kicked off the episode by explaining the essence of estate covenants—they're essentially a set of rules that homes in a particular estate must comply with. These guidelines, outlined in the land contract and often available on the estate's website, cover various aspects of home construction, from design elements to sustainability requirements.

Colin and Darren emphasised the importance of understanding these guidelines before purchasing land or a home. They shared examples of common requirements, such as building setbacks, facade specifications, driveway materials, and even garage design restrictions. These rules are put in place to maintain the aesthetic appeal and overall quality of the estate.

Moreover, the hosts highlighted the role of these guidelines in shaping the future of residential communities. By ensuring adherence to specific design standards, estates can foster a sense of pride among homeowners and maintain property values over time. They also discussed the potential impact on the cost of construction and the importance of balancing affordability with the desired quality of life.