The secret in avoiding building problems stems from the source of all evil, and that is MONEY.

Time and time again I have witnessed many projects being put on hold or legal litigations being raised due to cost disputes. All of which could have been easily avoided had the project’s budget been realistic from day one.

The sure-fire recipe for disaster in any construction project is to force the construction costs down in order to fit in within the ‘budget amount’. Whilst it is normal to get excited about building your own house, do not make the mistake of rushing to get your project started when you are unsure of a realistic construction cost.

Additionally, do not rush to sign any contracts until you are certain that your finances are in order and that you have allowed for contingency sums for your construction. For anyone that is eager to start building even though the quotes received have come well over budget, my advice to you is to just hold off. Wait. Re-evaluate and reassess. Then make a rational decision whether you would like to keep the same scope of works and finishes (in which case, wait to save up more money).Or, you may consider reducing the scope of works and finishes in order to help reduce the construction cost. Assuming you have obtained quotes from professional and reputable builders, there is going to be a reason why the quotes have come in well above your budget.

Do not make the most common mistake of calling for more quotes until you stumble upon a builder that may under-quote on your project by mistake (or perhaps on purpose in hopes of claiming on variations).

In construction, you often only get one chance to build it right. The last thing you want is to regret settling on a dodgy build that is riddled with defects.