Know these Before You Build Your House [Helpful Guide]
Construction Guide-What You need to Know.
Building a new house can be the most important project a family undertakes, and it begins long before the foundations are cast. A house is an asset, as well as an investment for the future.
- Planning Your Budget
Dreaming of building a new house, but worried about the expenses? Start by thinking about how much you can afford to spend and how much your new house is likely to cost.
- How much will it cost?
Long before you finalize your plans/architectural drawings, knowing how much the project might cost will help you modify your plans to meet your budget requirements. Once you have finalized the plans for your house, a builder or a quantity surveyor can give you an estimate.
- Contacting Local Builders
You can contact builders who have built or are building houses that are similar in size, design and structural features to the house you want to build. They will give you a rough idea of what it would cost to hire them, or how much you will be charged for construction per square foot or square metre
- Some Features Cost More
The most expensive areas in a house are usually: The bathrooms and kitchen due to features such as the walls, floor tiles, sanitary ware and hot/ cold water amongst others
The number of windows/ doors and their size and quality (steel frame, aluminum or timber frame) etc.
High sloping roof – special shuttering, roof tiles, corrugated roof sheeting etc.
When using other houses to calculate an estimate, you should ensure the houses have features similar to the house you intend to build.
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- The cost for preparing the Site
Preparing a site for construction can have a big impact on the cost of a house. Building on flat land will usually cost less. In the event that you have to haul a lot of dirt, do a lot of grading (leveling), clear trees, excavate through rock, then site preparations can be more expensive.
- Cost Overruns ,Inflation and Market Condition
Cost overrun occurs from overspending the allowances, making changes and encountering unforeseen problems. Proper planning can greatly reduce cost overruns.Also note that construction costs increase yearly due to arise in the prices of building materials. If it will be several years before you plan to build, remember to include inflation into the cost estimate for your house.