When you are building a home or remodeling, it’s easy for the costs of the project to start spiraling out of control. However, you can keep your costs down by being clever. Here are five clever ways to lower construction costs.
Do some of the work yourself
There are two main costs in any construction project — materials and labor. You can control both to some degree, but you often wind up with lower quality if you spend less on materials. However, you can control your labor costs to some degree without hurting quality by doing some things yourself. Doing your own demolition, for example, is one way you can save a considerable amount of money. Doing your own cleanup and painting are other ways you can control costs without sacrificing quality.
Be smart about materials
As was already said, labor and materials are your two biggest costs in any construction project. And while you may not want to lower quality by using cheaper materials, you can still keep a lid on costs by being smart about what materials you use. If you are doing a remodeling project, consider reusing some items that are still in good shape, such as kitchen cabinets. You also can get high-quality materials and still save money by buying overstock materials or buying from a business that sells donated construction materials.
Keep it simple
The custom items you seek in your home, the more expensive it is going to be, so keep customization to a minimum to keep costs down. Also, if you are doing a renovation project, keep the plans simple and avoid the need to move utility lines, which can greatly add to your costs.
Bid the work yourself
If you have project that requires several subcontractors, such as plumbers, electricians and carpenters, try bidding each job on your own. Though it can easier to hire one general contractor to take care of everything, it also can wind up being more expensive. If you can take the time to bid out each part of the work with each subcontractor, you could save yourself significant amounts of money.
Avoid change orders
Making changes in the middle of the project can add both cost and time to the project, so it is something you want to avoid. Make sure you thoroughly lay out your plans ahead of time and try to anticipate all contingencies. There will be times where you will run into unforeseen circumstances, but you should avoid making intentional changes your building or remodeling project has already started.