E118. How much contingency should you allocate for new homes and renovations/extensions? cover art

E118. How much contingency should you allocate for new homes and renovations/extensions?

E118. How much contingency should you allocate for new homes and renovations/extensions?

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Kicking off 2026 with a bang, hosts Amelia and Frank Geskus return to the Building Design, Prime Time Podcast to tackle one of the most overlooked, yet most critical parts of any construction project: budgeting for the unexpected.

Whether you’re dreaming of a brand-new home or planning an extension, surprises lurk beneath every slab and behind every wall. From hidden rocks and rogue plumbing to surprise council demands and unpredictable weather, Frank shares decades of real-world experience showing how a well-planned construction contingency can save your sanity and your wallet.

You’ll discover why new builds and renovations require different contingency amounts, how to spot risk factors before you break ground, and why a “fixed-price contract” doesn’t always mean what you think it does. Frank also reveals insider tips for reducing costly surprises, like getting quality engineering, setting clear expectations, and understanding the difference between a variation and a contingency.

Packed with stories, practical insights, and a touch of humor, this episode is essential listening for anyone planning a build in 2026. Think of it as insurance against stress, delays, and budget blowouts, and your roadmap to building smarter, not harder.

Tune in now to learn how a little planning today can keep your project on track and your dream home within reach. Subscribe so you don't miss an episode!


About us
Prime Design is a building design company locally owned and operated in Tasmania since 2004. Our goal is to share as much valuable information as possible about the process of building design, extensions, and more. We will talk about a different topic each week. To suggest a topic you would like us to talk about contact us at info@primedesigntas.com.au


Disclaimer
The information provided on this podcast is for educational and informational purposes only and is not intended to be a substitute for professional advice, individual circumstances, or remedy. We strongly suggest you consult a qualified professional before taking any action based on the information provided in this podcast. The views, opinions, and information provided in this podcast are those of the hosts do not necessarily reflect the official policy or position of any other agency, organisation, employer, or company. All content provided on this podcast is provided “as is” without warranty of any kind. We make no representations as to the accuracy, completeness, currentness, suitability, or validity of any information on this podcast and will not be liable for any errors, omissions, or delays in this information or any losses, or damages arising from its use. We reserve the right to change content or delete any information provided on this podcast at any time without prior notice.

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