More and more people are considering building their own homes as getting onto the housing ladder is becoming increasingly less affordable. Unfortunately, there are still a lot of misconceptions regarding self-building. These misconceptions are propelled by thoughts that building your own home is expensive and cumbersome. However, low budget house construction is possible. Every little thing adds up when building a house, whether it’s material or labour costs. As such, it’s important to have a clear picture of what you want to accomplish so that you don’t waste money fixing mistakes. We’ve highlighted some ways to build your house on a small budget, without compromising on the home you want.
Ways to build your house on a small budget
There are many options to take advantage of and building a home on a budget is feasible. Here are some suggestions to help you build a home on a budget:
Share the cost of land
Buy land with a friend or family member that can be split into two smaller plots. Some of the most appealing properties may be much larger than what you want or can afford. So if you can share the cost with someone else, you may be able to pick up a great building site for a reasonable price.
Have a clear plan
Building a home begins before many design decisions have been made. Without a clear plan that includes blueprints, a work schedule and all materials, you’ll find yourself making adjustments that could easily derail your budget. So, before you begin, it’s critical to have a clear understanding of your end goal.
Simplify your home’s design
Designing a simple box is the cheapest way to construct a dwelling. Sticking to a square or rectangle simplifies construction and design. Building up is usually less expensive than building a large one-story home. As a result, if you require more space, consider building a multi-story home. The roof is another aspect of the home’s architecture to consider. The more straightforward the roofing design, the less expensive it will be to construct a home.
Keep it small
Tiny houses are appealing not only because they are fashionable. In fact, their most appealing feature is their low cost. After all, big houses require more work, materials, and maintenance. Plan to build smaller. A small home will cost you significantly less to build than a conventional house. Not to mention, they also cost significantly less to maintain than your standard home.
Budget, plan and price out all items
Don’t wait until the end to be surprised by the cost. Make a budget and figure out how much you expect to spend on the house. A budget will assist you throughout the construction process. Find the most updated data and prices based on your location. evaluate competing bids, ask around about recent nearby builds and talk to designers and tradespeople who understand real-life costs.
Work with the right professionals
From your architect to your plumber, hire professionals who respect your vision, prioritize your non-negotiables and work within your budget. The experience of a well-qualified contractor is invaluable to the home-building process. Work with a reputable contractor with a solid track record on completing homes of similar design and budget. In addition, seasoned professionals have established relationships with suppliers and subcontractors. This can help you save even more money on your construction project.
Different types of building materials will have different costs. Choosing cost-effective materials can help keep the project affordable. Recycled materials are cheaper and readily available. You don’t necessarily need to use new materials for both exterior and interior construction. Products like recycled steel, wood, cement composites, and panels are reliable. However, don’t only think about the initial cost; think about the ongoing costs as well.
Homebuilding can be a financially viable alternative for people looking to become homeowners. Not only can it help you save money, but it allows you to customise the home from the size and shape, as well as the materials used to construct it.