{"id":8571,"date":"2018-03-28T22:00:41","date_gmt":"2018-03-28T22:00:41","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/how-to-avoid-budget-blow-outs-while-building\/"},"modified":"2018-03-28T22:00:41","modified_gmt":"2018-03-28T22:00:41","slug":"how-to-avoid-budget-blow-outs-while-building","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/how-to-avoid-budget-blow-outs-while-building\/","title":{"rendered":"How to avoid budget blow-outs while building"},"content":{"rendered":"

<\/p>\n

\n

Budget blow-outs during a build can be very disheartening for homeowners,\u00a0but with careful planning and working with the right building professional, you\u2019ll be able to pat yourself on the back for staying on track.<\/strong><\/p>\n

The quoting stage of the build is very important to ensure you have an accurate figure to work with.\u00a0If a builder does a \u2018free quote\u2019 you have less than a 20% chance that the quote will be accurate.<\/p>\n

Like anything in life, you get what you pay for. Most builders who charge for a quote have a process they use to crunch the numbers and will give you a specific breakdown of material and labour costs.\u00a0If you pay a builder to give you an accurate \u2018cost plan\u2019 you\u2019ll have a lot more peace of mind.\u00a0<\/span><\/p>\n

\"building<\/p>\n

A \u2018free quote\u2019 from a builder only has a 20% chance of being accurate. Picture: Getty<\/p>\n<\/div>\n

Many people are also unaware of what provisional sums and price cost items are. These are parts of the build that can\u2019t be accurately quoted early on and are given an estimated allocation by the builder when quoting. It\u2019s when these numbers are \u2018low-balled\u2019 by some builders that many people are hit with a very uncomfortable surprise in cost jumps later during the build.<\/span><\/p>\n

It\u2019s also helpful to find a specialist builder who has a proven track record of building the type of home you are looking to get done. If you are doing a major renovation, find a renovation specialist in your area who can demonstrate a track record of successful work. Don\u2019t stop there, make sure you speak to some of their past clients and even their sub-contractors.\u00a0<\/span><\/p>\n

If you have a difficult site, it can often result in cost blows-outs in the preliminary works. We also commonly see labour cost blow-out due to delays often caused by the client being late with their selections. Make sure you use a builder who has a system for programming the job well before they start and also get your fixture and fitting selections in as early as possible to avoid costly delays. Pro-active builders will be asking for these early on and should demonstrate a proven process for doing so.\u00a0<\/span><\/p>\n

\"building<\/p>\n

Don\u2019t make the mistake of getting an architect to quote a build. Picture: Getty<\/p>\n<\/div>\n

Another mistake we see people make is going to an architect or designer first for an estimate on costs\u00a0to build. It sounds logical, but unless the architect or designer has a strong relationship with a builder who can do an accurate \u2018cost analysis\u2019 and give them certainty on the numbers, it\u2019s hard to get an accurate figure.<\/span><\/p>\n

Recently I heard about a person going to an architect and being told the project would cost $700,000 to build. The two builders\u2019 quotes came in at $1,500,000 and $2,000,000. <\/span><\/p>\n

This can sometimes mean that projects don\u2019t even get started on, or need to be abandoned half way. Ensure you get\u00a0a cost plan early on by an experienced and trusted builder.<\/span><\/span><\/p>\n

\n <\/p><\/div>\n

Realestate au <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Budget blow-outs during a build can be very disheartening for homeowners,\u00a0but with careful planning and working … How to avoid budget blow-outs while building<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":8572,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[12908,543,627,3058,1007,818],"class_list":["post-8571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-home","tag-home-buying-guide","tag-homeowners","tag-location","tag-owners","tag-real"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/04\/building-survey_2000x1500.jpg?fit=2000%2C1500&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":6600,"url":"https:\/\/amazingproperty.com.ng\/blog\/whats-included-in-a-build-quote\/","url_meta":{"origin":8571,"position":0},"title":"What\u2019s included in a build quote?","author":"Amazing Property","date":"October 12, 2017","format":false,"excerpt":"While building a house is decidedly more complex than buying a car off a showroom floor, understanding what is and isn\u2019t included in a build quote has some parallels to car shopping. With a car, the price on the windscreen might look good, but does it include tinted windows, heated\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Builder 2000x1500 1024x768.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/builder_2000x1500-1024x768.jpg?fit=1024%2C768&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/builder_2000x1500-1024x768.jpg?fit=1024%2C768&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/builder_2000x1500-1024x768.jpg?fit=1024%2C768&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/builder_2000x1500-1024x768.jpg?fit=1024%2C768&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":6481,"url":"https:\/\/amazingproperty.com.ng\/blog\/a-step-by-step-to-building-a-granny-flat\/","url_meta":{"origin":8571,"position":1},"title":"A step by step to building a granny flat","author":"Amazing Property","date":"October 2, 2017","format":false,"excerpt":"The step by step process to building a granny flat . \u00a0 When a house is starting to feel a little cramped, the backyard is the logical place to seek some extra space. But while \u201cbuilding out the back\u201d is popular across the country, it requires research and planning, according\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Backyard Studio 2000x1500.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/backyard-studio_2000x1500.jpg?fit=1200%2C900&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/backyard-studio_2000x1500.jpg?fit=1200%2C900&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/backyard-studio_2000x1500.jpg?fit=1200%2C900&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/backyard-studio_2000x1500.jpg?fit=1200%2C900&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/backyard-studio_2000x1500.jpg?fit=1200%2C900&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":5447,"url":"https:\/\/amazingproperty.com.ng\/blog\/building-in-an-estate-vs-in-an-established-suburb\/","url_meta":{"origin":8571,"position":2},"title":"Building in an estate vs in an established suburb","author":"Amazing Property","date":"July 24, 2017","format":false,"excerpt":"Building a house involves countless decisions, but one of the biggest choices must be made well before the slab is poured \u2013 to build in an estate or an established suburb? Simon Pressley, head of property market research for Propertyology, says people building themselves a home have a different set\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/07\/builder_house_getty_a-1024x768.jpg?fit=1024%2C768&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/07\/builder_house_getty_a-1024x768.jpg?fit=1024%2C768&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/07\/builder_house_getty_a-1024x768.jpg?fit=1024%2C768&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/07\/builder_house_getty_a-1024x768.jpg?fit=1024%2C768&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":1715,"url":"https:\/\/amazingproperty.com.ng\/blog\/going-green-this-spring-7-green-home-improvement-projects-for-your-specific-budget\/","url_meta":{"origin":8571,"position":3},"title":"Going Green This Spring: 7 Green Home Improvement Projects For Your Specific Budget","author":"Amazing Property","date":"March 8, 2017","format":false,"excerpt":"Going green has been a trending topic over the last decade and will continue to be one of the real estate industry's most talked about subjects moving forward. Unfortunately, many homeowners feel that improving the environmental friendliness of their home is an expensive and unattainable goal. The reality is that\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/solarpanels.jpg?fit=450%2C227&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":7223,"url":"https:\/\/amazingproperty.com.ng\/blog\/a-first-home-owners-guide-to-home-insurance\/","url_meta":{"origin":8571,"position":4},"title":"A first home owner\u2019s guide to content and home insurance","author":"Amazing Property","date":"November 26, 2017","format":false,"excerpt":"Which home insurance company is the best ? See guide to content and home insurance for first time\u00a0 homeowners . \u00a0 Buying your first home is one of the most exciting and overwhelming events you\u2019ll ever experience, and it starts well before you sign on the dotted line. From saving\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Young Home Owners 2000x1500.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/young-home-owners_2000x1500.jpg?fit=1200%2C900&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/young-home-owners_2000x1500.jpg?fit=1200%2C900&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/young-home-owners_2000x1500.jpg?fit=1200%2C900&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/young-home-owners_2000x1500.jpg?fit=1200%2C900&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/young-home-owners_2000x1500.jpg?fit=1200%2C900&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":4580,"url":"https:\/\/amazingproperty.com.ng\/blog\/hidden-costs-of-building-a-house\/","url_meta":{"origin":8571,"position":5},"title":"Hidden costs of building a house","author":"Amazing Property","date":"May 16, 2017","format":false,"excerpt":"[ad_1] Unexpected costs can add up. Picture: Getty In almost every aspect of life, the devil is in the detail. It\u2019s certainly the case in building a house, when unforeseen costs can see a budget quickly skyrocket. Whether using a volume builder, or architect\/draftsperson and independent contractors, understanding the potential\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/jargon-1024x768.jpg?fit=1024%2C768&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/jargon-1024x768.jpg?fit=1024%2C768&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/jargon-1024x768.jpg?fit=1024%2C768&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/jargon-1024x768.jpg?fit=1024%2C768&ssl=1&resize=700%2C400 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/8571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=8571"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/8571\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/8572"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=8571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=8571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=8571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}