3 Ways To Stay Within A Budget While Building Your Own Home

18 December 2018
 Categories: Construction & Contractors, Blog

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When it comes to building a home, one of the things that constrains what you can do is your budget. However, if you know how to work correctly with the money you have, you can achieve a lot with the budget you have. There are specific strategies you can employ that will allow you to stretch and use your budget how you want to.

#1 Build Upward, Not Outward

If you want a large home, don't build outward, go upward instead. When you go upward, you don't have to extend your foundation.

Foundations are one of the more expensive elements of a home. When you build upward instead of outward, you don't have to expand your foundation. You can add another story and significantly expand the square footage of your home without expanding the square footage of your foundation.

Roofing is another expensive element of building a home. When you build upward, you are not going to expand the necessary roofing materials greatly. When you build outward, you are going to need more roofing material. Going upward with your home helps reduces the expense of roofing.

If you want a home with more square footage, going upward instead of outward can allow you more square footage while reducing two major costs—roofing and foundation.

#2 Keep the Plumbing Together

Next, as you design your home, try to keep the plumbing together. Running pipes all over your home can be expensive. Keeping areas that need a lot of plumbing together, such as bathrooms, laundry rooms, and kitchen, can help reduce your plumbing costs. Keeping all of your plumbing together can also make it easier to fix plumbing issues when they arise.

For example, if you build a two-story home, you may want to put the bathrooms and kitchen on the same side of the house, instead of on the opposite side of the house. Putting your plumbing together can also allow you to reduce the number of water heaters you need in your home.

#3 Know Where You Can Upgrade Later

Finally, figure out where you can upgrade later. For example, it is much easier to switch out and install fancier light fixtures or nicer faucets than it is to switch out your flooring or add a window or wall to a room.

Make smart choices about where you spend your money. If you have to make a trade-off, choose to go with less expensive materials on parts of your home where the labor involved in upgrading those materials in the future is less expensive.

As you build your home, you are going to have to mind your budget. If you want additional square footage, consider adding a second story to your home instead of going with a sprawling, one-story ranch design. Keep your rooms with plumbing grouped together to reduce your plumbing expenses. When you need to save money, do so on items you can upgrade in the future that are not labor-intensive. These are just three simple ways to make your budget work for you as you build your home.

For more information, reach out to construction services like K&A Construction and Consulting Services LLC.