Thinking of building a new home? Here are some tips…
1. Contact Local Builders
Meet with builders who construct houses that are similar in size, quality, and features to the home you want. Builders will tell you how much per square foot they usually charge for home construction. If you ask, some builders will provide you a list showing the materials they will use.
To help you estimate the cost of building a house, you can request complete quantity surveys of materials and labor. These are separated by location into concrete, walling, plumbing, HVAC, electrical, roofing, windows and doors and masonry. This helps you to know the installation points of each specified product. The bill of materials is provided in Excel format to enable you to easily send it out for pricing.
2. Count the Square Footage
Look at newly constructed homes that are similar in size, style, quality, and features to the home you want. Take the price of the home, deduct the price of the land, and divide that amount by the square footage of the home.
For example, if the home is selling for KES 16.3 Million and the land costs KShs. 300,000, then the construction cost is around KShs. 16 million. If the home is 2,000 square feet, then the cost per square foot is Kshs.8000.
Use several new homes in your area to get an approximate square footage price. After you have calculated an average square footage cost, you can multiply that cost by the finished square footage of your house plan to get a ballpark estimate.
3. Economize with simple plans–
Download simple plans for temporary, semipermanent, timber and tented camp houses. Each simple layout costs USD 5.00 payable by PayPal.
- Plan 300 = KSHS 1,400,000
- Plan – 375 = KSHS 1,700,000
- Plan– 600 = KSHS 2,800,000
- Plan – 650 = KSHS 3,000,000
- Plan – 1100 = KSHS 4,800,000
- Plan – 1400 = KSHS 6,500,000