Due to many reasons, building a house often incurs more costs than expected, sometimes difficult to control, and homeowners need to remember the following notes.
1. Respect the design, comply with the original estimate and norms
Need to work with architects and design units, understand the design to avoid modifications. Communication is very important at this stage.
It is necessary to find out and clearly agree on the cost estimates related to the types of supplies, materials and equipment. Respect the design and comply with the estimates and norms; not adding, modifying items will reduce costs incurred from a professional perspective.
2. Correct implementation of construction legal issues
In order to avoid fines and lawsuits during the house building process, homeowners need to comply with construction legal issues with the advice of a design consultant. Factors to consider are: construction density, building height, red line, construction boundary…
For works in contiguous lanes involving multiple houses, pre-construction agreements are required, and are expressed in writing. It is an important factor for smooth construction and reduced costs.
3. Prepare materials early
The price of construction materials always increases, rarely decreases, so preparing this item early will reduce the risk of costs arising from price increases. In the rough part, with materials such as steel, cement, stone, sand and bricks, the homeowner should sign a contract to provide the entire project with the price at the time of signing.
With all kinds of materials, finishing equipment, it is necessary to order early to get a good price and avoid out of stock. Materials and equipment with small sizes such as sockets, switch beads, electrical wires, lights, faucets, showers, etc. can be purchased in advance and stored at home.
4. Get expert advice on the management and use of professional supervision
If the homeowner carries out the project management by themselves, they should take advantage of and exploit the advice of professionals (architects, construction engineers) to do the job effectively and manage their finances well.
It is recommended to use (hire) professional site supervisors with expertise and health. This may be a bit more expensive (quantifiable) than self-monitoring, but is actually much more effective in terms of construction expertise, progress and (non-quantifiable) costs incurred. and reduce hard work and fatigue for the homeowner.
5. Strictly comply with technical and occupational safety standards
These are important factors for project quality and construction progress. If the technical standards are not strictly followed, the quality of the work may be affected in the long run, or it may have to be corrected or redone at that time – causing problems.
Occupational safety not only avoids unexpected costs, but also keeps the project on schedule, and brings a sense of comfort and peace to homeowners during construction and later in life.
6. Implement the turnkey construction method
This is a professional method, although it is not new, but it is not popular with residential projects when most homeowners still do it themselves in a certain way.
The turnkey method with the contract signing package according to an agreed price from the beginning will eliminate most of the costs incurred during the construction process. To implement this method, homeowners need to understand the capacity and reputation of the construction unit, as well as carefully understand the working process, design and estimate table.
7. Balance your finances and have a reserve fund
“Working at home is expensive”, the story is still the same. So, no matter how you build a house, how well prepared you are, in reality there are many things that can arise.
Therefore, in all cases, homeowners need to balance their finances and should have a reserve fund for expenses incurred. This reserve fund can fluctuate 5-20% depending on construction methods, specific circumstances and market conditions; and should be placed separately, not in the construction cost.
It is also necessary to consider the purchase of household furniture in the new house, avoiding the situation of “spending all capital” on building a house without having money to serve living needs.
Architect Nguyen Tran Duc Anh