I like coffee. No, I LOVE coffee. My morning isn’t complete without at least one cup. My espresso maker is a godsend. I have personalised coffee mugs. Two of them. And what’s best, is I haven’t been to a Starbucks in over a year.
So about a year ago I purchased (with quite a bit of convincing required with Megan) an espresso machine. It was one of the best investments I’ve ever made ( I mean we). I have no idea how much money I’ve saved by not going out to get coffee, but look – we’re able to build a house!
One of the options our house had was a built in espresso machine. Of course my eyes lit up when I saw it, but to be honest I’m glad I didn’t invest in a ‘newer’ machine. The mark up on the machine was amazing! I’m clearly in the wrong business, as I could survive off of selling five of these a year! It did make me realise though the kind of mark up that builders put on the options you choose for your house. The same ‘built-in’ espresso machine that’s offered as an ‘option’ can be purchased from almost any major retailer for almost 1/2 the price.
We found it quite interesting how outrageous it was for certain options – whereas other options that you’d assume would be heaps more were relatively inexpensive. For example, we added a workshop to the garage – extending the garage almost two meters, and the price was a fraction of what I assumed it would be. But in cases like the espresso machine or our fireplace ( we’re talking five digits), it cost an arm and a leg.
All I can say is: Do your research. If it can be done easily after handover, do it yourself. Builders will generally mark things up around 25%. After all, they need to make a living too.