Everyone Should Have A Building Budget
You need a Building Budget to help you to stay on track with your finances throughout the whole Building Project.
It doesn’t matter, whether it is your first Home, an Investment Home, or even a Commercial Development the Building Budget is an essential part of a successful Building Project.
The old saying goes … “Those who fail to Plan, Plan to fail.”
This is very true when dealing with Building Budgets. You need to plan and know where your money is going to be spent on your Building Project.
Before any Designing takes place, you should work out what you can afford to spend. How much money you have and how much money you are going to be able to comfortably borrow. When you know this, THEN you can start Planning to suit your Budget.
This will save you a lot of disappointment and heartache later on.
Everyone should have a Building Budget that itemizes all the Costs of the Building Project. Not just the Labour and Materials, but all the Fees and Approvals as well. It all adds up very quickly. It is important to list and calculate everything that is going to Cost you money.
Once you have started your Building Project, you need to monitor the progress of work closely, to make sure that you don’t overspend your Building Budget.
Quantity Costs can help you to find the right people for your Building Budget.