Tips For Controlling Your Home Construction Costs
When you're looking to build a house, one of the things you need to focus on is keeping your construction project within budget. Especially for first-time builders, this can be a challenge. While you're still in the planning stages, there are a few things that you can do to help ensure that you keep the entire project within the budget that you've established. Here are a few tips.
Prioritize Your Spending
One of the first things you should do is determine if you want to put more of your money into the perfect location or into the actual construction. Investing more in the location can help you to narrow down exactly how much you have for the construction, but by saving on your land, you may allow for some extra money in your budget to cover any potential cost overruns. Talk with your real estate agent about the types of locations you're interested in and have him or her find you the most cost-effective land options available so you can maximize your money.
Work With A Construction Management Company
Before you get too far into the planning process, consider contacting a construction management company. When you hire a construction manager, they can coordinate all of the different aspects of the construction, minimizing the risk of change orders, ensuring everything goes according to plan and keeping it all within your predetermined budget.
Keep The Footprint Straightforward
When you complete the design for your home, one of the best ways to keep the costs under control is to keep the basic footprint straightforward. By opting for a traditional shape instead of adding a lot of extra angles, jut-outs, or other features, you'll make it more cost-effective and quicker to build. Remember that whatever shape you settle on, the foundation will have to be dug to those dimensions, it will often require custom molds for pouring the concrete if it's non-traditional, and it can take a lot more time and expense.
Make It One Story
Along with keeping your footprint basic, keeping the home's design basic with a single-story construction plan is another way to help you keep your costs under control. When you build a home with more than one story, you'll end up increasing your costs because you'll need to have scaffolding, you may need more large equipment, and it will slow the workers down, costing you more in labor. In addition, you'll have more versatile options for your roofing with a single-story home, because you can opt for less pitch on a single-story home than on a multi-story one.