How to Keep Prices Low When Building a House
Building your own home means getting things exactly the way you want them. However, when you decide to build a home, you may find that things start to become more expensive than you had imagined. Before you break ground, there are several steps you should follow that will help you to keep your house building costs low. You will be doing a lot of research and shopping when you are planning to build, but in the end it will be well worth the effort. Does this Spark an idea?
Instructions
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Plan out your house and know exactly what you want in the way of rooms, amenities, layout and landscaping. You do not need architectural skills to make general drawings and lists of the things you need. You must have this information if you want to get any help from prospective contractors. When you are planning your home keep costs in mind. Determine if an in-ground pool is really necessary or if it can wait a couple of years. Limit things such as room size and closet space to save on the cost per square foot of construction. Keep landscaping limited during initial construction, then add to it over time. Consider having low room ceilings to save on heating and cooling costs.
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Determine where you want to build your house based on a few factors. Check out the local zoning laws of different areas to see what may increase your building costs. Some towns require fire sprinkler systems, specific kinds of roofing materials or a specific way to build your home. When you are speaking to the zoning board be sure to ask about permits. Building permit costs vary by municipality, and they can either be minimal or add thousands of dollars to the cost of your home.
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Interview several general contractors to determine which one would be the best to work with. Explain your cost concerns to contractors and see what each one offers in the way of advice on how to save money. Be sure to check out each contractor with the local Better Business Bureau to make sure it is reputable. Ask for initial quotes from at least three contractors so that you may compare. Also ask the general contractors what kind of help they can offer in the way of engineering and architectural services. Some general contractors can offer all the services you will need, and that can save you money.
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Analyze each component and find ways to save money. For example, rather than a large crystal light fixture in the dining room you may want to save hundreds of dollars by having a sensible but attractive light fixture installed instead. A bathroom faucet does not need to cost many hundreds of dollars to be effective. Go over your complete list of supplies to find ways you can cut costs.
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Negotiate with the general contractor to allow you to do some of the labor yourself if you have the skills. For example, if you are a certified electrician then offer to do the electrical work yourself and save money. Offer to do finishing work, such as interior painting, to save on labor costs.
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Tips & Warnings
Ask general contractors about package deals where, if you purchase the land from them, they will give you a deal on construction. You may also want to talk to local developers about the same possibility.