THREE WAYS TO SAVE ON CUSTOM HOME CONSTRUCTION
Custom home construction allows you to create a dream home in an ideal location. While building a home often costs more upfront than buying, there are ways to lower the overall expense. Here are a few tips to help you stay on budget.
How to Reduce the Cost of Your Custom Home
1. Consider the Layout
Your building plan is the biggest factor in the price of your home. Small homes are less expensive than sprawling ones, so think about how much size you really need.
If you can eliminate a room or shrink the living room and still be comfortable in the home, you'll save money. Opting for an open layout rather than having a separate living room and kitchen can make the space feel larger and more open even after you've made it smaller.
2. Source the Materials
While your construction company can offer you materials at a discount by buying wholesale, you can sometimes work with them to find even better deals. If you’re flexible about the color and material options, you may be able to get surplus or clearance materials that are more affordable than usual. Also, talk to your builder about alternative brands or designs you can substitute to keep the project on budget.
3. Think Long Term
There are some areas where an investment upfront will save you money in the long run. For example, having effective, durable insulation will lower your heating and cooling bills every year. A metal roof lasts at least five times as long as an asphalt shingle one.