High end designs for high end clients Budget/Financing The very first thing that should be considered when building a new home is budget. It is critical that a lot of attention be given to this area in the early stages, because clients and architects can easily get carried away with design ideas that may blow a budget out of the water. A house plan that is designed unrealistically large or with too many extras, is merely a waste of time and money. The client is left with an unfeasible plan that doesn't coincide with their financial limitations. Sitting down and considering needs and affordability, either alone or with a builder, can save considerable set-backs. A builder is able to discuss how different sizes and options directly effect a budget. Occasionally, property taxes are overlooked when designing a house. This can cause continued financial hardships in years to come, because of their expense. Generally, the larger the house, the more expensive the property tax. That point alone may call for a re-evaluation of the budget. Establishing a budget helps to initiate the design process and provide momentum to move forward. Clients doing research gain a lot of information and understanding. This enables them to make calculated decisions, that not only work for today, but also for the days and years to come.
Every foot of development in a design translates directly to the overall cost to build the home.
(Tarland bungalow 2791 sqft. on www.bossdesign.ca )
Consider what options in the design you would be able to eliminate if the cost to build becomes to high. To view our stock model plans or for additional information, please visit www.bossdesign.ca or visit our facebook page. The contents of these articles are copyright of Boss Design Ltd. and can not be reproduced in whole or in part without the written consent of Boss Design Ltd.
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Occasionally, property taxes are overlooked when designing a house. This can cause continued ﬁnancial hardships in years to come, because of...