3 Tips to Manage Home Build Costs

As the housing market continues to boom, more and more homeowners are looking for land and custom-built homes. However, the costs of construction can vary greatly depending on the location of the land and the labor needs, so here are some ways to more efficiently construct a quality build that stays within budget.

Use Trenchless Drilling

Having to run electrical wire or plumbing lines from a road or sewer to the home’s building site can be time-consuming and expensive. Trenchless drilling, or pneumatic piercing tools, can get the job done for a fraction of the cost and time. If this service isn’t offered by your contractor, jump online and check “where can I find missile boring near me” to find out who may provide the services in your location.

Maximize Square Footage

The average price of construction for a new home is $154, so every foot matters. Maximize every area of the home to be useful. Align your bathrooms, kitchen, and utility room to be on the same side of the house, as it can save on materials and labor costs when it comes to plumbing work. Vaulted ceilings are a trend, but it also just wasted space in a home. It looks nice, but how will that factor into your long-term heating and cooling costs?

Limit Waste

Make sure your contractor has a reuse and recycle bin on the job site. The average home build has about 8,000 pounds of waste, which is a cost that is passed to the homeowner through materials purchasing. Have your home design assessed for potential waste areas, such as heights and lengths that don’t break down into two-foot increments. Standard lengths on all materials, such as piping, wires, and wood, helps reduce waste costs.

You can get sticker shock from the price of a home build project. Knowing the tips and tricks of the trade can help keep your budget safe.