• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Clever Dude Personal Finance & Money

Clever Dude Personal Finance & Money

Family, Marriage, Finances & Life

  • Toolkit
  • Contact
  • Lunch
  • Ways to Save Money
  • About the Clever Dude

Finances & Money

Building A New Home: Tips to Save Money

September 30, 2019
By Susan Paige
- Leave a Comment

Buying a new home is expensive, but building one costs a lot more. There’s a lot of reasons why or why not someone should build their own home, but one good thing from building a home is controlling the cost of it. It is easy to let things quickly get away if the expenses aren’t watched. For example, people may have ideas to install fancy things at the start, but it is recommended to go the standard way and put in the upgrade later. Google up best choice of window companies in Ottawa, or best door installments in Montreal, and save money for the most important stuff. These are some of the necessary tips to save money in building a new home.

The first thing to do is set a budget and look at how much money can be afforded to spend. When the number is found, stick to it and don’t try to cook the books and go over. Like, composite house siding is much more economical than natural wood siding. This is among a vast list of cost details to consider. Look at the base price of the new home, which includes the structure, finishes, lot cost, and landscaping cost. Everything else inside is separate and costs more, so choose a house with a base price that gives flexibility to what the final cost will be. Also, list things that can be installed yourself easily. It’s a bonus if you can be handy in putting in cabinets and shelves and formal closets.

Next, do some research for the costs of basic installations to the home, including windows, doors, and appliances. If living in Canada, where the winters are brutal in a city like Edmonton, make a list of best window companies to search for which company has the most affordable and top-quality windows for the home. Remember to stay within the budget. Also, look at the costs of appliance manufacturers and at low cost options that the professional contractor can incorporate. Don’t just take one at face value because of the variety of costs that comes in every appliance.

Another thing to look up is the flooring. Everyone wants wood flooring, but it is obviously expensive, so get another type with the same look for less. Laminate and vinyl flooring look like wood but much less expensive and are scratch and water-resistant, meaning more money can be saved. Those wooden floors may not be real, but that’s no big deal when the same look is bought for only a fraction of what it could be.

Before the final price is cemented, double-check all of the choice made and count how much money has been spent on every item. There will certainly be at least one thing spent during the process be useless. Saving money on a building a home includes a tedious overlook of the finances and trying to the things necessary to use and the things desired for the home. Now, people have to get creative in saving money anywhere because building a new home will never be cheap. But having a friendly budget can make a dollar go a long way to prevent overspending which means a beautiful home and even some leftover money.

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Are you feeling the call to be a Clever Dude? Then, let's get down to brass tacks and explore what it takes to be one. Get ready for an in-depth look into the anatomy of someone who exudes cleverness!

There's nothing like hearing you're clever; it always hits the spot!

Best of Clever Dude

  • Our Journey to Debt Freedom
  • Ways to Save Money Series
  • Examine Your Motives Series
  • Frugal Lunch by Clever Dudette
  • An Illustrated Frugal Lunch
  • I'm Tired of Buying and Spending
  • 50 Tips for New PF Bloggers
  • Other Personal Finance Blogs

Copyright © 2006 - 2021 District Media, Inc. All Rights Reserved. Privacy Policy Sitemap
Disclaimer: The Ads expressed herein are exclusively those of the Advertiser. They do not necessarily reflect our personal or professional beliefs.