Effective project management consists of three key features.
1. A well thought-through budget (with a comfortable contingency sum
2. A realistic timeline.
3. A constantly updated to-do list.
Get these in place at the outset and keep on top of them, and you should not be hit by any unforeseen costs or delays.
There is a point, early on in all self build projects, where your dreams come face-to-face with your bank balance and you have to make some very hard decisions about just exactly what you can afford and to decide whether the specific scheme you are looking at is actually viable for you.
The budget always determines the size and style of what you can build.
For self builders, there are various sources you can go on to evaluate likely build costs. Homebuilding & Renovating publish tables which give you some indication of current build costs, based on the square meterage of the house.
My book, the Housebulder’s Bible, goes into more detail on each element of the build, so you can get a picture of where exactly the money goes and where you can save money, should you wish.
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