In this downwards spiraling global economy, building a home regardless of its size is becoming increasingly expensive. It is not only the real estate bubble that is pushing the home prices upwards but other factors are contributing to it as well. The gradual increase in the prices of housing materials such as wood, metal, and cement are also vastly pushing the prices of these underlying assets. And with the prices of land going up along with that labor and contractors, constructing your dream house is becoming more of a dream than a reality
When you are on a tight budget, every small details matter. With these ever-rising costs, it is becoming increasingly difficult for individuals to climb up the housing ladder. People for instance, nowadays are switching to more innovative solutions to solve their housing problems. With the right support and backing by the government, more and more individuals are getting into the business of building cost-effective homes. For any individual, your home might be the biggest investment which he or she has made in his/her life and everyone wants it to be perfect. The problem that most people encounter is when they are on a limited budget, yet they dream about living in their perfect dream house. This type of problem requires a disciplined approach with the right planning, decision making and execution to resolve. Unfortunately, most people fail at one end or another.
So, if you are planning on building a cost-effective house, these are the things that you need to do
- Keep Things Simple
The most difficult part of building a house is getting the right design of your home. For this, you can take help from home builders Sydney has best to offer since this is the area where most of the people sometimes either get overboard with their designs while at other times they underdo it. Either of these two scenarios is not your ideal choice and preferably it is not something you want to start off with.
It is extremely important that you fulfill your requirements within the limited budget you have and that a building’s design does not necessarily have to be expensive in order to look good. You can choose a design that is simple such as a four-sided box along with a two-sided pitched roof. This design is quite simple for an architect to make and would reduce your overall costs as opting for complex designs such as external chimneys or architectural glass not only requires more time to make but is also heavy on your wallet.
- Use Prefabricated Panels
Another option you can explore while trying to make your house cost-effective is by using panels that are already prefabricated. The panels are highly important if you want to build a custom house at a reasonable price since it allows you greater flexibility especially in building the house and the materials that you use. There are several advantages of using prefabricated panels since they help you to save costs incurred on labor and the time required to build them. You can also reduce the waste that you incurred while designing the panels and would not deal with the risk of disruption due to bad weather or the shortage of materials. Hence the result is that your house will be constructed at a lower cost than the one which you expected, and the construction will be completed at a much faster rate.
- Use Concrete Sheets
A material that you can use which will lower your costs and make your house look stylish is to use concrete panels. Concrete is known across the world for its reliability and longevity when used to design homes and is becoming popular in the United States as well. An advantage of using concrete is that it is quite cheap when compared to other materials used to furnish a house such as wood, so your initial costs are lowered from the start. Another thing to note is that concrete is quite sturdy which allows it to last for a long time and does not require regular maintenance. It is also waterproof so will protect your house from the occasional rain which has its effect on your house. Concrete panels are fireproof too which gives them a huge advantage over other materials such as wood which can quickly catch fire and burn down your house. Concrete will not only lower your initial costs but will save you a lot of money on insurance and maintenance.
- Use Stone Cladding
I am sure that you would have come across stone houses and have become enchanted by them. Stone houses do look gorgeous without a shadow of a doubt, but they are expensive to build. You do not have to become disheartened since there is a way you can have that design without spending a lot of your money. You can use stone cladding to your advantage since it can be used for the front part of your house or just a portion and still look stylish. You have the option of choosing different designs and can go for a rustic or modern look depending upon your preference.
- Use Reclaimed Timber
If you insist on building your house with timber but are looking for a cheap one why not go for reclaimed timber instead? It is currently one of the most common materials which are used for construction and also gives a stylish look to your home. There are several benefits of using these materials since old timbers are known to be more durable which means that they are at a lower risk of being split. Apart from looking great, they are also sustainable for the environment since a smaller number of trees will be cut to build new homes and you will also get your house as well. Although they have several benefits, you may have to spend some time locating such timbers which you can use for building purposes since not all of them can be used due to many reasons such as degraded wood or being out of shape.
Building a house is never an easy job, regardless of whether your budget is big or small. Every project has some constraints, most of them directly associated with the prices and cost of the material. However, it does not mean that you need to sacrifice or give up your dream if you are on a low budget. Rather what you need to do is improve and take the issue from its head. Meaning that you need to find and highlight the problem, discuss the issue and find the most innovative and cost-effective solution to it. Moreover, it would also be a good idea to learn about the dynamics of the cost spectrum of house building so that you can make the right decisions.
SmartReno can help you find the right contractor for your Interior renovation project