You have probably worked thousands of hours to save your income and build your dream home. Or, you have just received a loan from a bank for which you will pay interest for many years to come. Either way, you do not want to let your hard-earned money go to waste. Here are ten tips that will help you to reduce or eliminate the unnecessary costs during the construction of your dream project.
- Design floor plans in squarish or rectangular form as they consume lesser materials.
- Structural designing based on various measurements for even small homes may give savings on structure cost. Obtain a design that will reduce the surface area and costs subsequently.
- Avoid complicated designs, reworks and material wastages. Opt for a stock design and layout instead. You can always build additional floors to maximise space while retaining a standard layout plan.
- Hire an Experienced and Professional Construction Company as they can provide a skilled workforce along with continuous supervision of works and materials. Hiring an expert also reduces the chances of miscommunication between various stakeholders.
- Source all materials locally, which reduce the cost of transportation Also, bulk purchases will provide the opportunity to negotiate for a reasonable price.
- Use of GGBS, Flyash within 30% as cement replacement and MSand instead of natural sand also reduces costs.
- Water conservation and use of materials and modern equipment that are wind and solar-powered, save energy and reduce operating costs. Furthermore, using green (eco-friendly) products tend to be more economical.
- Engaging more workers during the daytime rather than extending late work hours with lesser workers will save you labour costs.
- Avoid last-minute modifications, alterations or any unplanned activity. Also, avoid making too many changes halfway through the project. Take your time to plan and be sure before work commences.
- Maximum Utilisation of spaces by using foldable furniture, under stairs, behind doors, corner or niche spaces etc.
Avoiding the following common mistakes while constructing a new home or any other structure will avoid unnecessary rework, cost of additional materials and time for repairs, consequently saving additional expenses in the long run.
- Designing a complicated plan and non-optimal space usage
- Too many modifications/alterations during construction
- Not planning funds for unforeseen expenses, interiors, house warming, furniture, equipment etc.
- Not considering the operational costs leading to wrong selection of materials, products, services, equipment etc.
- Wrong positioning of the electrical control points (every appliance should be well planned before starting the structure)
- Non-provisioning of future requirements in the present works and hence reworks compromising quality later.
The following mistakes are commonly made by builders and can have a serious impact on the time and cost of construction of your project. Therefore, an understanding of these common mistakes by builders will give you better control of the project.
- Not using the latest drawings
- Not examining the drawings thoroughly before approval.
- Not monitoring safety and auditing security measures
- Not Disciplining the workers at the project site when necessary
- Absence of continuous supervision and training.
- Error in the sequencing of works or methodologies
- Indecision and not seeking help at the right time
- Planning and tracking error on timelines, costs etc.
- Choosing the wrong contractors or suppliers
- Not maintaining a daily To-do list
- Lacking communication skills
- Not using modern technology
- Accepting unrealistic target