Maximise your Budget when Building or Renovating

Whilst it’s an extremely exciting time when taking the first steps towards building that dream home you have been imagining for years, it can also become an overwhelming and stressful time.

With a monumental amount of building cost increases over the past 3 years, its essential to take the appropriate steps on your new home from the outset.

We have put together a few key pointers below to assist you in these early stages;

Do I approach the Architect/Building designer or Builder first?

Builders and Architects/Building Designers often work closely together to bring construction projects to life. Their collaboration ensures that the design created by the architect can be practically built by the builder while staying within the client’s budget and meeting local building codes.

Architects and Building Designers are great for turning your vision into a reality. They can design unique custom homes, help you make the most of your land, and ensure the home suits your lifestyle and aesthetic preferences.

Builders can help you get a clearer idea of the construction costs early on, provide insights into what is feasible based on your budget, forecast construction timelines, and offer solutions early on that will save you time and money during construction.

Both the builder and the designer are as important as each other from the outset, the key to a successful build is finding a builder and architect duo that can collaborate together from the outset.

Most builders and Designers will introduce you to the other party depending on if you go to the builder or designer first.

Designing your new home with a realistic budget that aligns with current building prices.

While the design phase can be extremely exciting. It can be easy to get carried away when working with your Architect or Building Designer. Engaging a builder at the start of your process allows us to provide you with current pricing as your plans process.

Collaboration is key when maximising your budget when building or renovating your home! Engaging the right team of professionals means that everyone involved is working towards a common goal. This includes your Architect/Building Designer, Interior Designer and Builder.

Open communication from the onset regarding your budget, Wishlist items and timeframe allows us to guide you through the process providing you with options of construction methods and finishes that will align with your budget to give you a similar finish to what you have envisioned.

Invest in a detailed quote.

Paying a builder for a detailed quote might seem unnecessary at first, but it offers several benefits that can lead to better outcomes for your project. Here’s why paying for a builder’s quote can be a smart investment;

Thorough assessment: A paid quote usually involves a more comprehensive review of your project, including site visits, consultations, and collaboration with subcontractors. This results in a more precise and detailed estimate.
Avoid surprises: With a paid quote, builders spend more time analysing all the aspects of your project (materials, labour, time frame) to ensure that unexpected costs don’t arise later. This reduces the risk of cost overruns during construction.
Cost breakdown: Paid quotes often provide a breakdown of costs, helping you understand exactly where your money is going. This transparency is helpful for budgeting and allows you to identify areas where you might want to adjust to save money.
Serious commitment: When you pay for a quote, the builder knows you are serious about the project and is more likely to invest time and effort into creating an accurate and personalised estimate. This level of commitment can result in better service and attention to detail.
Detailed planning: Builders are more likely to conduct a thorough analysis of your plans, including the site conditions, materials, and potential challenges. This in-depth review can prevent costly mistakes or changes during construction.

Engaging Smartbuild early in the process allows Jake (Smartbuild Builder/Director) to support you from the concept all the way to completion. Assisting with questions and concerns throughout the entire process. Get in touch with the expert team at Smartbuild South Coast today and let’s chat about your dream home.