How To Save Money On Your New Home?
If you could be the contractor of the new house, you are most likely to save about 5-10% of your house building costs. However, this approach cannot be recommended for everyone as it can be executed only with a proper knowhow about the house building industry. At the same time being your own contractor could save you substantial money on your new house.
If you are serious about building a new house, you need to get hold of the right piece of property before. With more areas getting developed each day, it is becoming more difficult to find the right location on which you can build a budgeted house; moreover it has to have access to drinking water and proper sewage treatment. It is only after a careful negotiation that you should agree to buy a property which may otherwise have a telling effect on your budget.
The type of house that you have decided to build can go to a large extent to save your money. For instance, a ranch style home will require more money than a simple two storied house; it is primarily because both the buildings will require a separate foundation which will increase in size for a ranch style home.
There is no better opportunity to save money than putting some of your sweat into the house building process. Most of the builders would not object, if you have discussed prior to the construction about the DIY option; but you have to mention about this in the house building contract.
The site of the house building should be kept clutter free in order to save money because it will allow the process to move forward in an orderly and efficient way. An unorganized site will simply mean a delay in the project and eventually wastage of money.
Buying the building materials is one aspect which will provide you with a lot of room to save money. There are many stores which are known to sell discounted materials though not cheap. You have to shop around to get the best bargains and value added products.
Painting the house is one of the options which can be carries out by you. You will be able to save not less than $5000 to $10,000 easily on this and also the time.
Flooring and landscaping will also allow you to save money if you have the right insight. Not only will you end up saving money, you will get a better value for the work done.
The abovementioned tips should be followed closely even if a few of them to save money for a new house. However, the best idea is to discuss the entire project with the builder before the beginning of the construction process.