We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Any self builders on here?
Pythagorous
Posts: 755 Forumite
in N. Ireland
I'm curious what the cost to self-build is like these days? I was interested in going down this route about 5 years ago and it seemed to be around £80/ft for reasonable spec.
0
Comments
-
I had been going with the rule of thumb that it's about £1000/m2 but I hear that's a bit outdated now and could be more like £1100 -1200. Eeek0
-
I was hoping for some advice about how best to manage self-build bills etc. I was thinking of setting up a new bank account just to keep all costs associated with the build together. Has anyone else managed a build yet and what top tips do you have with regard to money management.0
-
Sanddunes_&_Saltyair wrote: »I was hoping for some advice about how best to manage self-build bills etc. I was thinking of setting up a new bank account just to keep all costs associated with the build together. Has anyone else managed a build yet and what top tips do you have with regard to money management.
I would say allocate a full 20% for contingency up front. You WILL spend more than expected on things you havent even thought of yet.
Also, set aside an amount for siteworks - ie, finishing off the outside of the house. To do the driveway, back yard in concrete, lay the garden, pavers round the house and a patio, gates at the side to the back yard and fencing, we paid out around £23,000 (and that was a number of years ago).
Dont skimp on your heating / insulation. Its not that expensive to give you a lot better insulation in your house which means lower heating bills.
"do your homework" well in advance for each step of the house. A contractor will tell you to do something that benefits him / makes life easier for him, not necessarily what is best for you.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards