Renos, architects - and, bill shock!
September 12, 2024
by a lender from Macquarie University in Newport VIC 3015, Australia
Sometimes, it might seem that hiring an architect will be costly and difficult to negotiate, particularly if you want to pull out because it is all getting too hard and too expensive. So instead, you might decide, ‘Don’t bother.’
Well, I will now let you in on a novel approach – it used to be a secret (until now), but an architect I recently met has developed ‘The Goldilocks Model’. Stay with me – the logic will become clear.
The Goldilocks Model is particularly useful for homeowners who are considering a renovation but are unsure how much it will cost or what they can afford. (As an aside, I can tell you what you can afford to borrow – just saying….).
For a fixed fee, this innovative architect develops three options: the dream renovation, the budget reno and what she calls the Goldilocks version which is somewhere in between (fairytales live on).
In this way, clients can choose which option suits their budget best and then voila, she implements for a fixed fee (not a percentage of the total cost), the agreed plan.
Her name? Audry Whisker (I met her shortly after I had just attended a whiskey tasting so you can imagine my confusion regarding her last name). Her business is Whisker Architecture.
If you would like an intro to Audrey or some of the other great architects I know (John Herniman from the Herniman Group is another high-quality architect who has worked on many larger commercial projects - and he has also been an expert witness - handy to know!), I'll be happy to do the honours.