2014 is a good year to get back into construction business because the housing market is finally improving a bit. It is also a really good year to build your own house for the same reason. Construction isn’t ever stress-free and there are plenty of things to lookout for in order to succeed. To help you make the most out of your construction in 2014 here are five costly mistakes you need to avoid.
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1. Not Sticking To Your Budget
The first thing you need to do when starting a construction project is to come up with a budget. You need to carefully consider how much the project is going to cost and how much you can have it end up costing.
When you are budgeting for a project you need to have some money prepared for any problems or rising costs.
This is money that you will be left over in case things go according to plan. Make sure that you stick to your budget and carefully review it as the project moves along.
2. Forget The Paperwork
Construction projects always require you to do proper paperwork. If you are starting it without any paperwork done you have a lawsuit at your hands. So before you start hammering things make sure that you got all the right paperwork done. This can end up saving you a lot of money and prevent you from unwanted stress.
3. Ignoring The Future
You need to think a little bit about the future of the building as well. Naturally if you are building something for public use you have to consider the function and purpose of the building throughout the project. But you also need to think about this when building a private home.
Think about the resale value of the home and understand what sorts of features sell. You want to design the home with your own needs in mind but it’d be foolish to overlook what are the things that people generally want from a property.
4. Not Paying Attention To Materials
It is crucial that you carefully select the materials for your building. There are so many ways that selecting the wrong material can end up costing you money and you really don’t want to risk it. So start looking into new materials as soon as possible and take your time in picking the right one.
Make sure you also know all of the options available. For example, glass is traditionally chosen when you want to improve the flow of natural light in a building but there are other materials to consider. Look at Vector Foiltec for tips on ETFE material and how it could replace glass structures.
5. Overlooking Recycled Materials
You might think that all this recycled talk is just a load of hocus-pocus but you’d end up missing out on a lot if you did so. Selecting recycled materials for your building isn’t just environmentally friendly thing to do but it can actually cut down your costs a huge amount.
Read this NHBC Foundation article on the subject, for instance. It will provide you plenty of tips on how to find the right materials and what are the best strategies for using them.
