How to Budget for Your Extension or New Build

How to Budget for Your Extension or New Build

It is possible to be a budget extension if you plan carefully and use some nice innovative designs that will save you costs. Being innovative will not only make your extension look beautiful but will ensure you don’t spend much. To budget for an extension or new build properly, you must know where to spend little and when to spend much. Below are the cost-effective ways to create a budget extension without spending a fortune.

Know What You Want

Before planning a budget for that extension, their certain things you must know and factors that need to be put into consideration. You should ask a real estate agent if the extension you plan to carry out will add extra value to your existing property. The bigger your extension, the more value it adds to your existing building; however, you should also know that it means more costs for you. A small extension is your best bet if you need something cost-effective. So, you have to decide the size of the extension you want to carry out.

You should also ask yourself if converting the extra space into a habitable area will be cheaper than building an extension. The main reason for building an extension is because you need an extra space where you can utilise it. If you can convert with a little money an extra space in your existing building into a habitable area and solve your problem, then there would be no need for an extension that will cost more.

Use Simple but Durable Building Materials

Using simple materials to build an extension will not only be a cost-effective idea for you. Still, it will ensure that your extension stands for long since you are using durable material which is easily affordable. Besides, simple building materials and fittings for the extension’s interior are quite easy to fix and cost cheaper to install.

Purchase Only Standard Interior Furniture and Decorations

Going for already-made and ready-to-order windows and doors is not always the best option as you may end up with items below standard. Purchasing standard interior furniture and decorations will save you the time of unnecessary replacements and a lot of money.

Don’t Be Deceived by Expensive Brands

Patronising expensive brands or stores doesn’t mean you get the best quality products or value for your money. Affordable brands or regular DIY stores can do a quality job for you, and you won’t have to pay a lot of money.

Ways to Prevent Wastage in Building an Extension

Preventing wastage is another amazing way of building a budget extension. Below are the ways you can prevent wastage and save extra costs when planning a budget extension.

  1. If you are creating a kitchen extension, you can use furniture and other important items in your old kitchen.
  2. When you can’t use the items in your existing building, you should sell them to save space and create extra cash.
  3. When buying building materials like roof tiles and bricks, you can patronize individual sellers on the internet or a rescue yard. This can allow you to get some good quality products for an amazingly low price.
  4. Ensure you follow the original plan you have made for the extension. This plan includes extension size, location, type of building materials to be used and so on. You should do this to prevent extra costs that may be incurred along the way, especially if you don’t stick with your original plans.
  5. Comply with building regulations so you don’t have to make corrections to an extension you have already built because it will cost you extra costs.
  6. When hiring a professional such as an architect, a surveyor or an engineer for your budget extension, you must enquire about the lists of services they offer and the total amount they charge as fees.

Conclusion

You can now see that achieving a budget extension is quite easy if only you plan carefully and are ready to apply all you have learned in this guide.

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