Following are the 12 affordable ways to save money while building a new house on a budget: Low cost building Technique
The first tip is to hire a good architect. A good architect shall give you:
A good design- a good design equals a good house.
Efficient floor plan-optimal room sizes/ no wastage.
Sustainable design-low running/ maintenance cost.
Good finishes-finishes usually carry the biggest cost.
The second tip is to keep the design simple. A simple design means:
Floor plan-square/rectangular plans are cost-effective.
Open plan living-more daylighting and sociable living.
Space utilization-multiple space functions.
Roof design-complex roof design means more cost.
Buy stock plans- a fraction of the professional fees
Most of the plans can be amended on the site to suit the client’s needs with marginal costs.
Most of these books are outdated and lack any serious professional and design input.
Small is smarter
Scale down-Get rid of stuff/space you do not need.
Climate-design for regional climate.
Space utilization-use some spaces for multiple functions, such as; Dining custom study.
Hire the best builder- this is the most important tip.
Minor variation-A home build on a budget.
No time overruns- Build within the contract period.
Good workmanship- A home built without shortcuts.
Experience- Good connections with sub-contractors. Hence cheaper to buy in bulk at a discount.
Bid out your costs- compare costs| call referrals
The low quote could mean insufficient workmanship and it could result in expensive repairs and maintenance in the future.
The optimal quote could mean a builder’s discount and nice connection with suppliers.
The high quote could mean too many sub-contractors involved.
Shop for fixtures and fittings yourself- a good architect will give you:
Floor and wall tiles- colors and designs.
Toilets, wash hand basins, kitchen sinks.
Inbuilt ovens and cooker and sinks.
Flat pack kitchen cabinets and wardrobes.
Splurge strategically- the difference between being miserly and frugal.
The public spaces-kitchen, dining, and lounge use a higher degree of finish.
Private spaces-bedrooms, bathrooms, and laundry use basis finishes and budget fixtures.
Internal doors-Paneled or solid core flush doors.
External doors-Steel security doors or solid hardwood doors.
Alternative construction methods
Structurally insulated panels(EPS panels)
Stabilized earth blocks (SEBS)
Upcycled shipping containers
Salvaging used materials- recycled materials and second-hand fixtures.
Shop out your mortgage
Cash down payment
Choose your friends- Avoid peer pressure
Do not fall to peer-pressure in the name of wanting to fit-in.
Do not build someone else’s house/design.
Manage the project- Don’t let the project run away from you.
The project is executed as per the design.
Stick to specifications and good workmanship.
To avoid any project overruns.
To avoid time overruns.
Triangle Homez is a construction firm in Kerala that provides all sorts of construction, building and interior designing services all across Kerala. Contact us for good workmanship and affordable pricing.