Building a home is such a massive investment, that no one can be blamed for looking for ways to save money without cutting corners. Luckily, there are some ways to lower your building costs and still end up with a home that you can be proud of. Here are some of the ways that experts in the field go about this.
- Do not ignore problem sites. People usually shy away sites that make construction more challenging. The benefit here is that these sites often go for much less than market value. To make this pay off, you will need a contractor who knows how to work around challenges such as sloping lots.
- Use reclaimed materials. This not only gives your project an eco friendly twist, it can help you to save big. To top it off, there are plenty of sources of this type of material, and sometimes you might even be able to get it for free. There are plenty of great finds at old boatyards, farms with old barns, and even bricks from old buildings can be reused.
- Know where to splurge. Building a home often comes down to making smart decisions on features and fixtures. A few things you want may put you over your budget, so thick with the essentials, and splurge only on the things that deliver return on investment.
- Check the details. Knowing where your money is going is the best way to keep costs under control. You will know right away whether the contractor has made any changes that will affect the bottom line.
- Match the area’s tone. The scale f your project should be in keeping with the look of the neighborhood. Otherwise, you can overbuild, and have a house that stands out for the wrong reason.
- Choose low maintenance materials. Even if they are more expensive initially, low maintenance materials lower your costs over time. Metal roofs last longer under extreme weather conditions. Vinyl siding is durable, insect resistant and does not need painting.
- Use a basic plan. Custom homes are desirable, but they can be expensive. A stock building plan can lower your costs, and you can modify it to make it more suitable for your tastes.
- Share the lot cost. Buying a large lot with a family member is a good way to cut building costs. Divide the property in two and utilize the space properly by building up instead of concentrating on width. This way you will still have suitable yard space.
Hiring the best contractor in your area can be good for your wallet as well. We can provide a plethora of useful tips for building your home in central Florida or the surrounding counties without driving up your expenses. Call us at 407-316-8544 to discuss your upcoming home build idea or to discuss hiring us to manage the project for you.