When it comes to constructing your new home, the term ‘self build’ can be a bit misleading.
The fact is that only a small proportion of individuals actually do the structural work themselves. Instead, most will employ a team of builders (or at the very least hire individual trades) so that the right skills are being used for the majority of the physical work.
But there are various ways to run a self build project – so which one is right for you and, perhaps more importantly, what will it cost?
Understanding self build costs from the outset
You can carve up the contract in whatever way you want, but the main thing is to ensure you set out your procurement route right at the beginning of the process. Builders are often happy to supply competitive prices on a labour-only basis at the outset of a project.
However, if you have originally asked for a supply and fix price and then wish to change your mind, you are unlikely to get the full material credit as a reduction. So it’s better to secure the prices you want in the form that you want from the outset; certainly prior to engagement.
Build It Estimating Service is a tailored service that allows you to take control of your budget by providing you with a thorough report including live material and labour costs. Answer vital questions such as: “What will it cost to build?” and “Is my builder’s quote a fair price?”. |
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