Article published by : navjeet on Friday, June 06, 2014 - Viewed 700 times


Category : Real Estate

Tips for Building an Affordable Home

Building a home is the best way to own a house which has every feature and facility matching your specific needs. However, it is not an easy process. Besides the time and efforts it involves, primarily it is the financial aspect of building a home that worries people the most, requiring them to look for ways to cut costs. If you already own a piece of land and want to build your dream home on it, then it will be helpful to go through the useful tips mentioned below for building an affordable home.

Getting estimates is the first tip to keep the costs of home building under check. As soon as you plan to build your home, start getting estimates of the cost of required material, labor, permits and other things involved in the process. Getting in touch with a few renowned builders in your area can help you in this step. Getting the estimates will give you a clear understanding of the money you need to set aside, as well as find out the areas where you can possibly cut costs.

The cost of home building is considerably affected by the size of the home you want to build. Living in a lavish and big home might be desirable, but not practical. Preferably you should go for a small home, which is not only more affordable to build, but is easier to maintain as well. It will be helpful to analyze your needs and the total space you require. You can decide things like the number of rooms, size of the kitchen, parking and storage space you need, depending upon the size and requirements of your family.

More complex the design of your home, more will be the cost. Intricate and complicated designs on the roof and exterior walls are certainly pleasing to look it, but they can add a lot to the total cost. So try to avoid adding any complex shapes and forms. Similar approach should be adopted while making a floor plan. An open floor plan is preferred because it requires building less number of walls, but can give the illusion of more space. So, remember to keep everything simple to lower the costs and enhance the efficiency.

The next tip is to choose the materials wisely. Whether it is the flooring or cabinets, you should opt for materials which are less expensive but durable. Most of the people prefer hardwood because of its rich and elegant appearance but it can be quite expensive. Using recycled materials can be a good option here, as it can not only keep the costs low but also make an eco-friendly addition to your home.

The last tip is to make decisions on your own and not fall under the pressure of your family and friends. Splurging on expensive accessories and appliances just to impress others should be avoided, if your budget does not permit that. Remember, your home is a lifelong investment so you should spend your money wisely and give preference to quality, efficiency and durability when choosing the layout, design, material or appliances.

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By: navjeet

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