Building within Your Budget
Constructing a house is one of the best things you’ll ever do for yourself and your family. It’s also one of the most expensive. There is a home to be built for every budget, but you have to be mindful that changes mean your estimated costs have the potential to skyrocket. The price of lumber and other building materials has seen an average increase of 17% this year, making it safe and savvy to stick to the original plans after construction is underway.
And money aside, making changes isn’t always an easy process. Small changes aren’t a problem, but if a material impact is part of the equation, changes need permission from your town’s or city’s building permit department before you can build your home. Basically, the architect will have to submit detailed plans regarding the changes to the local authority.
The application can be approved or rejected. If it’s accepted, you’re back more than a few steps – and this comes with a steep price to cover the timeline extension, labor costs, and materials. If it’s rejected, well, it’s back to the drawing board and weeks or months of delay before you will be able to build your dream house.