Construction projects take time; the slightest mistake can set you back weeks if not months and be incredibly costly.
If you’re investing in a construction project, here are some mistakes you have to avoid:
1. Being Unclear About Your Budget
Construction projects aren’t cheap! Don’t make the mistake of overlooking the importance of a clear budget. Setting a budget will also help you determine everything from the contractors you hire, the materials you use, the design and so many other variables involved in the construction project.
You don’t want to realize halfway through the project that you don’t have the finances to complete it! The last thing you want is to pay your architect twice for revising their plans.
When you have a clear budget right from the get-go, you know exactly what you can and can’t afford. It streamlines the process sufficiently. Your architect will design according to your budget and suggest materials that comfortably fit your budget.
If you’re on a tight budget, your architect will know not to get too ambitious with their designs. Having a budget in mind will also let you know how much money you’ll have to loan.
2. Choosing the Wrong Contactor
Nothing wastes money on a construction project than the wrong contractor. If you’re going to take on the big construction project, then you’re going to make sure that you’re hiring contractors that you can rely on.
Check to see whether you’re hiring contractors that are licensed and have bonding and insurance.
A good contractor will understand your needs and work within your budget without pressuring you to overspend.
Look for contractors that have been in business for a while and have a network of suppliers and subcontractors that can sell them materials at lower costs.
3. You’re Doing It Yourself
Construction is a lot more than setting up a few walls and a roof on a foundation. It involves a multidisciplinary team of professionals that includes architects, project managers, contractors and many more.
Unless you have solid construction experience, don’t make the mistake of taking on large construction projects yourself and leave it to the professionals. You’ll likely end up spending a lot more than you need to, you’ll compromise quality and safety and your project will probably not be completed on time.
4. Forgetting Permits
You need permits to begin a construction project. Unless you get all the necessary permits, you’re risking being slapped with an order to stop all work by the city or state. Your project will be put on hold and may cost you extra money.
To avoid delays, its best to get your permits in order before beginning construction. Speak to your contractors about what permits you need.
Hiring construction consultants in NY from KH Consultants will ensure that your construction project gets off on the right foot. Our team will work with you throughout all phases of your project so you don’t have to worry about it ever going off track.