Affordable ways to build a new house

Following are the 12 affordable ways to save money while building a new house on a budget: Low cost building Technique

  1. 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.
  1. 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.
  1. 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  • Most of these books are outdated and lack any serious professional and design input.
  1. 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.
  1. 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.
  1. 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.
  1. 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.
  1. 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.
  1. Alternative construction methods
  • Structurally insulated panels(EPS panels)
  • Stabilized earth blocks (SEBS)
  • Upcycled shipping containers
  • Salvaging used materials- recycled materials and second-hand fixtures.
  1. Shop out your mortgage
  • Cash down payment
  • Interest rate
  • Repayment period
  1. 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.
  1. 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.

 

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