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How To Save Money on Building Projects

save money in building or renovating home

Building or renovating can be very expensive at the best of times, so any savings that you can make on these large projects are a real blessing. Luckily, there are a few things you can do to save a few bucks, provided you’re ready to do a little research and invest a little bit more time into it.

This article will discuss just a couple of the ways you can do just that when building or extending.

 

Consider Building in the Offseason

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It shouldn’t come at any shock that building and home improvement services, in general, are actually highly seasonal in nature. People invariably prefer to conduct these projects over the summer months when the weather’s nice, they have more free time and the days are longer.

In contrast, winter is pretty slow not just for builders, but for their contractors too, meaning you can usually get much lower quotes offered to you during this time of year. There are times during summer where a good trade will flat out refuse work because they’re so busy, whereas the majority through winter will be eager for any jobs they can pick up, meaning they’ll be willing to quote less for the work. The argument can also be made that given that they have more time during this time of year, builders can spend longer on your job.

 

Buy the Building Materials Yourself

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This is going to require some roundabout knowledge of construction and the specifics of your project, but you should strongly consider sourcing the building materials yourself rather than going through your builder.

Generally, your builders will have contacts in the industry that he uses; they won’t necessarily be the cheapest or the highest quality for that matter, and you’ll be paying a commission on top given that you’re ultimately going through a middle man.

The other option is to purchase building supplies yourself. It gives you an opportunity to make considerable savings, though it can take something of a commitment on your part, given the time required. If you’re going down this path, it’s wise to really do your homework and find the best deals around Melbourne.

 

Go for Quality

buy quality building materials and timber

 

At the end of the day, when we’re talking about building supplies, quality trumps all. If you are sure you are getting the highest quality timber on the market, for instance, you’re probably saving in the long run by coughing up a little more initially.

Of course, this will also depend on your specific situation. If you’re building or renovating, usually you’ll be planning on living in your home for the foreseeable future. In this case, quality building materials need to be a priority as they are going to last a lot longer and reduce the likelihood of damage or repairs being necessary.

Remember that at the end of the day, saving money on your building project is going to require that you do a lot more homework. Shop around when getting quotes on materials and when selecting your builder too. Good luck!

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