9 Hidden Cost You Need To Know When Building A House In Kenya
Building a house in Kenya is no easy feat. There is a lot of planning, budgeting, and hard work required to successfully construct a home. However, many people don’t realize the hidden costs associated with building a house in Kenya.
These costs can add up quickly, and if you’re not prepared, they could really eat into your budget.
In this blog post, we will discuss some of the hidden costs that are associated with building a house in Kenya and offer some tips on how to manage and minimize these costs.
Cost Of Obtaining Building Permits
One of the hidden cost of building a house in Kenya is the cost of obtaining building permits and other necessary documentation. In order to construct a house in Kenya, you must obtain a building permit from the local government. This process can be time-consuming and costly, as it involves submitting various forms and documents, such as a site plan and building plans, and paying various fees.
Additionally, you may need to obtain other permits and approvals, such as environmental impact assessments, depending on the location of the property.
Cost Of Acquiring The Land
Another of the biggest hidden costs of building a house in Kenya is the cost of acquiring the land. In many cases, the cost of the land can be more than the cost of the actual construction. This is because land prices in Kenya have been steadily increasing in recent years, due to a growing population and increasing demand for housing.
Additionally, the cost of land can vary greatly depending on the location, with prime real estate in major cities such as Nairobi and Mombasa commanding higher prices than land in more rural areas.
Cost Of Hiring Engineer Consultants
Another hidden cost of building a house in Kenya is the cost of hiring engineer consultants for compliance with building codes and regulations. In order to ensure the safety and structural integrity of the building, the government through NCA has established various building codes and regulations that must be followed.
These regulations states you must get the services of a professional engineer or architect to ensure compliance. Additionally, you may need to pay for inspections and other testing to ensure that your building meets the required standards.
Cost Of Specialized Labor
Another hidden cost of building a house in Kenya is the cost of labor. Construction labor in Kenya can be expensive, especially for skilled workers such as electricians and plumbers. Additionally, the cost of labor may vary depending on the location and the type of work being performed.
For example, labor costs in major cities such as Nairobi and Mombasa may be higher than in more rural areas. It is important to carefully research and compare the costs of labor in different areas to ensure that you are getting the best value for your money.
Cost Of Transportation
Additionally, the cost of transportation can also be a hidden cost when building a house in Kenya. Construction materials and other supplies must be transported to the building site, which can add significant costs to the project. The cost of transportation can vary depending on the distance to the building site, the weight and size of the materials, and the mode of transportation used.
It may be more cost-effective to use larger vehicles, such as trucks or trailers, to transport larger and heavier loads, but this may not be feasible if the building site is located in a densely populated area with narrow roads.
Cost Of Financing Mortgage
Another hidden cost of building a house in Kenya is the cost of financing. Many people who are building a house in Kenya may need to borrow money to finance the construction project. This can add additional costs, such as interest charges and fees, to the overall cost of the project.
It is important to carefully research and compare different financing options, such as loans from banks or other financial institutions, to find the best rates and terms.
Site Preparation And Utility Connection Fees
Additionally, there are various other hidden costs associated with building a house in Kenya. For example, you may need to pay for site preparation, such as grading and leveling the land, as well as for the removal of any existing structures on the property.
You may also need to pay for utilities, such as water and electricity, to be connected to the property. Additionally, you may need to pay for legal fees, such as for the services of a lawyer to review and prepare contracts and other documents.
Cost Of Insurance
Finally, the cost of insurance is another hidden cost of building a house in Kenya. In order to protect your investment and ensure that your house is properly covered in case of damage or other unforeseen events, you will need to purchase insurance.
The cost of insurance will depend on various factors, such as the location and size of the property, the materials used in construction, and the level of coverage desired. It is important to carefully research and compare different insurance options to ensure that you are getting the best value for your money.
So, how can you manage and minimize these hidden costs when building a house in Kenya?
One way is to carefully plan and budget for the construction of your house. This includes researching and comparing the costs of land and other materials, as well as estimating the costs of obtaining permits and hiring consultants.
It may also be helpful to work with a reputable contractor or builder who has experience in building houses in Kenya and can provide guidance on the various costs involved.
Another way to manage and minimize the hidden costs of building a house in Kenya is to be flexible and open to alternative options.
For example, instead of buying land in a prime location, you may be able to find more affordable land in a less desirable location and make improvements to the property to increase its value.
You may also be able to save money by using alternative building materials or construction methods, such as using prefabricated components or recycled materials.
In conclusion, building a house in Kenya can be a complex and costly process, and it is important to be aware of the hidden costs that are associated with the construction of a house in Kenya.
By carefully planning and budgeting for the project, and being open to alternative options, you can manage and minimize these hidden costs and ensure that your house-building project is successful.