Whether you’re an owner, owner-builder or a contractor, there are a number of considerations that need to be taken before construction starts. Constructing a new building, renovating an existing building or adding rooms to an existing building takes a lot of time, money and work, and it’s important to be prepared before you start. Each year many people lose thousands of dollars not being adequately prepared for their construction work and end up with a building they’re not fully happy with. Taking a few steps before starting construction can help to avoid this scenario, and so spend the time to make these considerations and plan ahead.
You Can’t Be Too Prepared The key to conducting anything correctly, including construction work is planning, planning, planning. Constructing a new building or renovating an old building is a huge project that involves a large amount of money, time and work invested. Being prepared is the key to not allowing the cost in terms of time or money getting out of hand. Planning out the construction work that is to be done, and accurately estimating costs is an important aspect of this process.
Costs involved in building the house include everything from making the plans, getting permits, doing the construction, plumbing and electrical, all the way to inspection and construction site cleaning at the end of the project. Enlisting professional assistance for many of these aspects helps to save you time and money on the building project when planned for and organized correctly.
What Are You Working With? To bring your current space or structures to the final product that you are aiming for, you have to start out with knowing what you’re working with, in order to know what you need to do to get there. Look at the condition of the space you are building on, or the existing buildings you are working with, in order to better estimate the final cost of additions as well as repairs. Knowing what you are working with to start out with helps to make your cost estimation and planning process more streamlined and effective.
Crunch the Numbers Now it’s time to get down to business in terms of really figuring out the costs of your construction. Have the building plans drawn up and get an estimate of the budget required to build, based on building materials, labor, finishing as well as plumbing and electrical and everything else you need. If you aren’t building yourself, choosing the right builder or contractor can really help you to get a good idea of the total cost of construction, in order to budget properly.
Remember to factor in an extra 10-20% of the budget for extra unforeseen costs and changes, because no matter how well you plan, there will always be changes. Build with Resale in Mind While you might really want specific changes, additions or features in your home that are perfect for you or your family, it’s well worth having a realtor or architect look over your final building plans to assess the appeal of your design for resale value in the future.
Don’t overprice your home for the neighborhood, but don’t build too cheaply either just because you’re willing to live with it. You have to ask yourself what is likely to appeal to the average buyer that you want in your home too, and what just might not appeal to anyone else. Keep It Green Keep in mind that being more environmentally friendly and sustainable helps the environment, is a priority for new home buyers and saves you money on water and energy cost in the long term. Choosing energy efficient appliances, properly insulating and sealing your home, and designing your home to maximize sun exposure and minimize heat loss (or gain depending on your climate) and important considerations.
Saving water, electricity and gas not only prevents wastage of these precious assets, it also helps you to save a lot of money on these utilities. New home buyers are increasingly on the lookout for energy efficient houses as it means they can save money as well.
With these tips, you can ensure you are well prepared before beginning construction, allowing for a smoother and simpler construction process. Author Bio: Cara is a writer, blogger and reviewer, specializing in transforming accurate research into exciting writing. Originally from Sydney, Australia, she now travels the world seeking fun and adventure.