Building a new home is a huge undertaking and can especially be challenging if you are on a budget. However, are you aware that with the right planning and research, you can build a home for significantly less than the average cost in Australia?
If you are facing a dilemma and are unsure about how you can keep your building cost low, this guide will surely help. There are budget-friendly ways to design a home within your price range.
Simplify the Design of your Home
The first step is to keep it simple and stick to a square or rectangular floor plan. Building up is cheaper and if you need more space, you can consider a multi-storey home.
While you may wonder if a simple plan can be attractive, there are endless possibilities. You can get as creative as you want to be and make the exterior interesting. From the landscaping, décor choices, lighting and more, there are various ways to add a distinctive look to your home.
The roofing is another aspect that can be a striking feature. There are different roofing designs available and they can influence the price of your home. If you choose a simple roof design, you can bring down the cost of construction.
Compare the Cost of Home Builders
Doing so will help you identify which builder offers the best prices and services. You will also want to consider the quality of the materials used. Make sure to ask questions and read reviews to ensure you are getting the best value for your money.
Hire an Experienced Home Builder
A vital step is to hire a reputable home builder. While it can be tempting to go with the cheapest option, it is important to hire a home builder with experience and a good reputation in the industry. Ask friends and family for recommendations, and make sure to read reviews online. A quality home builder will help you save money in the long run, so make sure you do your research and get the best deal.
Home builders are experts in the field, so they will know the materials and methods to get you the most for your money. They can also give you advice on how to save on construction costs, such as using recycled materials or finding deals on building supplies.
Plan and Price Out Items
The building material will be a major investment, so by cutting on the cost, you can make it even more affordable. If you’re buying a lot of materials for your new home, you can usually get a discount if you buy in bulk. Home builders often have access to discounts as well, so make sure to ask them if they can help you out.
Choose the Building Material Wisely
There are different types of building materials that are priced differently. If you want to make the project affordable, make sure to go for cost-effective building materials. You can even consider using alternative materials. Using alternative options like precast concrete, rammed earth, or shipping containers can help you save money on building costs. Not only are these materials cheaper than traditional materials, but they can also be more durable and efficient, helping you save money in the long run.
Get Your Plan Approved
Redesigning a home can be an expensive affair. If you do not get the necessary permits, you may end up spending a lot of time. Moreover, if you make changes during the construction process, it can significantly add to the cost. This makes it necessary to have a clear picture and get the building plan approved even before you start the building process.
Go the DIY Route
There are probably finishes and features that you want to add to your home but cannot afford. You can DIY as much as you can and get creative to add a unique look to your home. Check out videos and give it a try yourself to bring down the cost.
Building a new home is a dream for many people, but sometimes the cost can be daunting. However, with the right plan in place, you can make it financially viable. Preparing is the first step to success so make sure that you have a defined plan and budget to make the entire process as seamless as it can be. With ample research and the right builder, you will realise that your dream home goal is attainable.
