Avoiding Building Costs Surprise
Surprises
One way to sour a construction project is a surprise or hidden cost. You can take the sting out of surprises several ways. One thing you should do is create a contingency fund for this purpose. Don't tell anyone about this hidden money. It exists only for emergencies.
Another method of avoiding surprises is developing a highly detailed list of job costs. If you are building a new home, you or your builder knows many things must happen. If you list each task and then place a realistic number behind each job, you will virtually eliminate a surprise or cost overrun.
My New Home Construction Checklist is an excellent example of such a list. I have broken down the construction of a new home into a 150+ item list. You can really get a grasp of what is necessary to build a home using this list! This Checklist is available electronically from my website. Just go there and visit the Online Store.
Tim built custom homes and did ultra-custom remodeling for 20+ years before launching his Ask the Builder media presence. He was selected as one of the Big 50 by Remodeling magazine in 1993. This award gave birth to Ask the Builder in October 1993. Tim also operates https://DrawPlumbingPlans.com. His @askthebuilder YouTube channel was the first home improvement channel on YouTube.