7 Money-Saving Tips for Building Your Dream Home
Building a home doesn’t have to break the bank. There are a number of ways to reduce the cost of construction while still end up with a quality product.
1. Stick To A Budget
The best way to save money while building a house is to create and stick to a budget. This means knowing exactly what you can afford and planning accordingly. It’s easy to get carried away when shopping for materials and labor, so be firm with yourself and stay within your budget.
Stick to a realistic budget – it’s important to be honest with yourself from the start about how much you can afford to spend.
2. Shop Around
Don’t just go with the first builder or construction company you find. Shop around and get quotes from a few different sources. This will give you a better idea of what the average cost for your project will be.
Shop around for suppliers and get quotes – don’t be afraid to ask for discounts and compare prices.
3. Source Building Materials Yourselves
One way to reduce the cost of construction is to buy materials by yourself and in advance. There are a number of online resources where you can find building materials at a discounted of the cost of new materials.
Ensure you get a discount on home construction materials. Most homebuilding materials are available at discounted rates when purchased in bulk.
4. Do Some of The Work Yourself
If you’re willing to do some of the work yourself, you can save a lot of money on the overall cost of construction. Just be sure you’re aware of what you’re getting yourself into and have the necessary skills and tools.
You should therefore DIY whenever possible – this could include things such as painting, tiling and basic carpentry. Get help from family and friends – there’s no shame in asking for a little extra help when it comes to building your home.
5. Use Standard Materials
Avoid using specialty materials, which tend to be more expensive. Standard materials will do the job just as well and will save you a lot of money. Avoid luxurious finishes and features – think simple and understated rather than flashy.
Again, use local resources. Many Kenyan homeowners build their homes with natural materials, such as bricks and wood, which can be cheaper and more sustainable.
6. Get Creative With The Design
If you’re willing to be a little flexible with the design of your home, you can save a lot of money. There are a number of online resources where you can find free or low-cost plans and designs.
Building a simple house can also help you save money. By keeping the design simple, you can avoid costly details and finishes.
Again, plan your project design carefully – make sure you have everything mapped out in advance to avoid costly changes later on.
7. Wait For The Right Deal
Building a home can be expensive, but it doesn’t have to be. If you’re willing to wait for the right deal, you can save a lot of money on the cost of construction. Keep an eye out for discounts and special offers from builders and construction companies.
Negotiate for lower prices. Many builders will offer lower prices if you are willing to put in a longer timeline for construction.
8. Hire A Professional.
A professional builder can help you navigate the complicated Kenyan housing market and can help you to save money on the process. A homebuilding consultant can also help you with tips and advice on cost-effective solutions.
Note that one of the best ways to save money on your house build is to find a trustworthy builder. Make sure to check out their references and ask around to see if anyone has had any negative experiences with them.
9. Plan For Contingencies
Always plan for contingencies in your house build. This will help you avoid any surprises down the road.
Again, before you start building, get a pre-construction estimate from a qualified builder. This will help you estimate the cost of materials and construction, and ensure you are on track with your budget.
10. Use Local Labor and Materials
Using local labor and materials can also help you save money. Not only will you save on transportation costs, but you will also be supporting your local economy.