A renovation, or home improvements project, is an investment that you should plan carefully and budget for realistically, with due consideration about what you really want to achieve and in which way this investment will pay you back.
Hint: it is not always money.
Why are residential projects always overbudget?
What do Architects have to do with construction budget?
On appointing an Architect, the client must specify the reasons for doing the project and the constraints in a briefing, which will be the Architect’s duty to satisfy.
The availability of funds is also a constraint, so it is important to specify what is the target budget for the project, while keeping a contingency available in case of surprises.
The Architect has the role to collect this information and develop a design in line with the briefing and considering the budget available.
Can a design be more expensive than my budget?
Some Architects are used to work on multi-million projects and are masters in adding the wow factor. When working on simpler projects, they may be carried away a bit.
If their design is way beyond the budget, it will require to be downsized or simplified, until reaching the point where you can stretch you budget to.
But good architecture doesn’t have to cost the earth.
When we develop a design, we keep your budget in mind.
During the process we can advice where the money should go to have the best result and get the best value for your money.
How do the Architect know if the project is actually going to be within the budget?
Common residential projects have similar costs per square metre.
Besides few variables which could bring extra costs in, we can generally assess if a budget is reasonable and healthy for a scope since the early stages.
After developing a special concept design, we engage with contractors for initial estimates that would confirm the ballpark costing.
If it doesn’t work, we get back to the drawing board and review the options with the client.
But only once a project is fully specified and contractors are invited to bid, we can know the starting point for the construction cost.
Once construction starts, it is important to avoid variations and hope there will be no surprises hidden in the house.
During the entire process we work with our clients to help them make informed decisions on how to use their budget wisely for the finishing materials and decorations.
It’s as simple as clicking on this link and book your call back at your convenience.