How do I use my construction budget effectively?
What are the largest cost items in the construction budget for building your house and what can you save well in? I get this question regularly. So here are 7 tips to consider:
Limit the size of the rooms
Since the construction costs are indicated per m 2 or m 3, it is logical to assume that every m 2 counts. That’s right. The larger your home, the more expensive the home.
Keep in mind, however, that ultimately the size of your house also largely determines the value of your house (when sold). So you could say it’s a smart investment. Moreover, it has a direct effect on how pleasant you live. Which does not mean that bigger is always better by definition. In the Tiny House movement, people consciously choose a small home. Usually this is not because of financial reasons, but more because they want to live a pure life and want to have the least possible impact on the environment. Of course you can always choose to build specific spaces at a later stage (if you need them and have a bow budget again), if the zoning plan allows for this.
Simple choices in expensive spaces
When we take a closer look at the m 2 price, we realize that the overall costs for the home are spread over the total surface. However, not every built m 2 is actually the same price. The most expensive areas are the so-called ‘wet areas’: toilet and bathroom. This is because tile work is more expensive than affiliation or stucco of the walls: depending on the tiles you choose, 3 to 6 times more expensive. In addition, of course, the costs for the plumbing.
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Moreover, these spaces are often so personal that many people change or completely replace them when purchasing a home. So you could say that these relatively expensive spaces add the least to the value of your home.
Cheap kitchen places
The kitchen is one of the parts of your house where the costs can vary greatly. A simple kitchen at Ikea with discounted equipment, you can easily get away with € 6,000. For the same layout you can also spend just € 30,000 to € 40,000.
Of course you are talking about a different quality that makes sense:
So that assessment depends on your building budget.
A kitchen is also personal and people often put in a new one once they have bought a house. Kitchens are also often replaced every 6 to 12 years. That is why you could consider using a simple kitchen now and in 6 years’ time, when you have more budgets again, a real luxury kitchen!
Make smart budget choices
A house is in principle put down for 50 to 75 years. In practice we know of course examples that are much older. There are a number of aspects to a house that are not that easy to change and therefore part of the essence of a house. One is the size of the rooms. This makes a home pleasant to live in. So don’t make the spaces too small.
Other aspects are the construction and facade. Sometimes a façade is replaced, depending on the material. But a brick facade remains. Therefore, make the right (perhaps slightly more expensive) choices for these types of parts of your house. You can always add other aspects such as stucco or not. Of course it has some feet in the ground, you have to empty your house etc., but you do not break the house for it.
Do your interior and garden later
In fact, this is in line with the previous point, only you now look at the aspects outside the direct construction costs. What if you simply lay out the garden and only later work with a landscape architect and very nice pavement? And for the time being take your ‘old’ interior to your new home and gradually buy new things? That saves on building budget costs that you now have to spend immediately. As soon as you have a budget for it, you can still adjust your interior and your garden. As a final tip for reducing your construction budget: doing things yourself. This is a recurring topic in my blogs. A DIY kit, or make your own design. Do the finishing of your house yourself, or the coordination of the specialized contractors. Everything you can do yourself saves you directly in your publication. Remember that your free time is also worth ‘money’: how much do you earn with a day’s work compared to saving on construction costs? And is that worth it to you?