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How To Save Money On A New House Build

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  • 27-07-2023
How To Save Money On A New House Build

This article asks: how to save money on a new house build. Discover proven strategies, budgeting hacks, and smart choices that empower you to save big on your dream home. PRK Building Services And Property Maintenance Ltd offer new house builds throughout Southampton, Andover, Basingstoke and Crawley. From materials and designs to construction methods, find out how to maximize value without compromising quality. 

How Much Does It Cost to Build a House In The UK?

When embarking on a house-building project in the UK, it's crucial to consider the associated costs and factors that can impact the overall expenditure. 

The cost of building a house can vary depending on factors such as location, size, design, materials, and desired level of customisation. On average, the cost of building a house in the UK ranges between £1,200 and £2,500 per square meter.

However, it's important to note that these figures are approximate estimates and can vary based on specific project requirements and regional construction cost variations. 

To obtain a more accurate cost breakdown, it's recommended to consult architects, builders, and contractors who can provide tailored cost estimations based on your project specifications. They will assess the site and consider elements such as site preparation, foundation work, utilities, and other essential considerations.

Securing planning permission and ensuring compliance with building regulations are critical aspects of the construction process. 

Familiarise yourself with local planning regulations and obtain the necessary permissions before commencing the build to avoid potential setbacks or penalties. When budgeting for your house build, allocate funds for architectural services, materials, skilled labour, and project management.

Architects play a vital role in designing a house that meets your needs and regulatory requirements, while builders and contractors handle the construction work with quality and timeliness in mind. 

Carefully consider the costs of construction materials, fixtures, fittings, and finishes by obtaining multiple quotes from reputable suppliers. This will help you make informed decisions and find the best value for your investment.

Factors That Affect The Cost Of Building A New House

When considering the cost of building a new house in the UK, several key factors can influence the overall expenses. Understanding these factors will help you estimate and plan your budget more effectively. Here are three significant factors that can impact the cost of building a new home:

Location

The location of your build site plays a crucial role in determining the cost. Construction costs can vary depending on the region, availability of construction materials, and local labour rates. For example, building in urban areas or areas with high demand for construction may result in higher costs.

Size of the Home:

The size of the home is a significant factor in determining the overall cost. Larger homes generally require more materials, labour, and time to build, which can increase expenses. Additionally, larger homes may have more complex designs or additional features that will cost more.

Build Type: 

The type of construction you choose for your new house can also impact the cost. Different build types, such as timber frame, brick and block, or prefabricated construction, have varying costs associated with materials, labour, and construction techniques. Each building type has it's pros and cons.

It's important to note that these factors are just a few among many that can affect the cost of building a new house. Other considerations, such as the complexity of the design, site conditions, access to utilities, customisations, and project management, can also contribute to the overall expenses.

To get a more accurate estimate of the cost, it is recommended to consult with architects, builders, or construction professionals who can provide detailed cost breakdowns based on your specific requirements and location. They can assess your project's unique factors and provide you with a more accurate cost estimation.

DECIDE ON YOUR BUDGET EARLY ON

Setting a clear budget from the beginning is crucial when undertaking a construction project. Whether you're building a new house, adding an extension, or renovating your property, understanding your financial limitations will guide the entire process.

Take the time to determine the amount of money you're comfortable investing in the project. Consider factors like the size of the area, complexity of the design, desired materials, and any customisations you have in mind.

Communicate your budget clearly to your architect or designer early on, as their expertise will help you make informed decisions that align with your financial resources. Establishing your budget upfront helps you avoid potential financial setbacks and costly changes later.

It allows your designer to propose suitable design solutions, select appropriate construction materials, and suggest alternatives that keep costs in check. Don't forget to account for additional expenses such as planning permission fees, building regulations, and site-specific conditions.

How To Save Money On A New House Build | New House Builds Southampton, Portsmouth, Winchester

Keep Your Design Simple

A simple and clean design for your home can bring numerous benefits to your space. By focusing on essential elements and avoiding excessive clutter, you can create a visually appealing and functional environment. Here are some reasons to consider keeping your design simple:

Aesthetic Appeal

A simple design promotes a clean and uncluttered look, which can enhance the overall aesthetic appeal of your home. By embracing a minimalist approach, you can create a visually pleasing environment that exudes a sense of calmness and elegance.

Ease Of Maintenance

With a simple design, you can enjoy the benefits of easy maintenance. Fewer decorative elements and intricate details mean less time spent cleaning and maintaining your home. This allows you to focus on enjoying your space rather than constantly worrying about upkeep.

Sense Of Space

A simple design can create a greater sense of space, making your home feel larger and more open. By minimising visual clutter and using clean lines, you can maximise the perceived space in your rooms. This is especially beneficial for smaller homes or areas where space optimisation is important.

Functionality

Simplifying your design allows you to prioritise functionality. By carefully planning the layout your space, you can optimise the functionality of each area, making it easier to move around and use the space. This ensures that your home meets your practical needs and enhances your daily living experience.

Communicatation Is Key

Clear and effective communication is crucial for the success of any construction project. It is essential to establish open lines of communication and maintain frequent and transparent dialogue throughout the entire process. 

By prioritising communication, you can ensure that all stakeholders are on the same page and working towards a common goal. A collaborative approach that encourages communication among the project team, including architects, builders, contractors, and suppliers, is key.

Regular meetings and discussions should be held to share progress updates, address any concerns or challenges, and make informed decisions together. This collaborative environment fosters a sense of teamwork and enables effective problem-solving. One of the primary benefits of good communication is improved coordination. By sharing information and updates in a timely manner, you can ensure that everyone is aware of the project's status, timelines, and milestones. This allows for better planning and coordination of tasks, reducing the risk of delays or misalignment.

Communication is also essential for managing expectations and ensuring that everyone involved understands their roles and responsibilities.

Clear instructions and guidelines should be provided from the start, clarifying project requirements, timelines, and any specific design or customisation needs. This helps to avoid misunderstandings and ensures that the project progresses smoothly.

Additionally, effective communication enables timely identification and resolution of issues. By openly discussing concerns, challenges, or changes in circumstances, the project team can collaboratively find solutions and make necessary adjustments.

Regular communication allows for early detection of potential problems, mitigating risks and minimising costly rework or delays. Active listening and providing feedback are also vital components of communication.

FACTORS THAT AFFECT THE COST OF BUILDING A NEW HOUSE

It is important to listen attentively to others' perspectives and ideas, fostering a collaborative environment where everyone feels valued and heard. Constructive feedback helps to address any issues or areas for improvement, promoting continuous learning and growth.

In summary, communication is the backbone of a successful construction project. By establishing clear channels of communication, encouraging collaboration, and maintaining open dialogue throughout the process, you can enhance coordination, manage expectations, address challenges, and ultimately achieve project success. Effective communication leads to better outcomes, improved client satisfaction, and a more positive and productive working environment for all involved.


PRK Building Services And Property Maintenance Ltd offers a thorough list of building and property management services to domestic and commercial properties in Southampton, Andover, Basingstoke and Crawley. Contact us today, and we’ll provide a free quote and any information you need.