Building a house is influenced by many factors, and one of the major ones is cost. If you’re costing is not right, the interior in a small house can cost you huge bucks and if your costing is strategic then even in a big house you can save many bucks. It all depends upon how you plan to build and design your house. Apart from these also come the fees of architects and designers which will cost you a lot. You might get confused when it comes to budgeting your house.
So here is a brief cost plan which will help in determining the costs induced in small versus big houses
Block or brickwork would make up around 11.3% of the total cost. This comprises the price of labour, shipping, and material (such as bricks or aac blocks). About 6% of the cost of the house will go toward plastering the building alone. 6.4% of the house’s cost goes toward the windows and doors that make up the structure. The grill that is included with the window is also included in this price. Just the labour costs for painting, plumbing, and electrical work total 6%.
Materials for electricity, plumbing, and painting collectively cost around 6.3%. The price of the flooring tiles alone can account for 6.7% of the total construction cost. The final major expense in building a house is the roof concrete, which accounts for around 7% of the total cost of the project.
25.8% of the cost comprises other elements such as stairways, handrails, waterproofing, labour costs, terrace weathering, and parapet walls. If you need a bank loan to build a house in India, the bank loan money won’t be available until the building’s foundation has been successfully built.
Now that you know how much percentage each section will take here is how you can plan to build your house –
1. Estimation of costs
Making a general estimate is a good place to start. Make a list of the features you desire, such as the number of toilets, bedrooms, hallways, guestrooms, kitchens, and lawns. You must determine how many individuals are residing in the home. After accounting for your numerous ongoing costs, examine the area covered by your profession, the children’s education, and a reasonable budget. After weighing all of these elements, create an estimate and begin the building process.
2. Plot cost
Everything in a home, including the bedroom, kitchen, hallway, bathroom, and balcony, is designed and built in accordance with the land’s structure. The fee for the engineer or architect will depend on the layout of your land and home. For a plot of 1,000 square feet, the designer can charge between Rs 20,000 and Rs 25,000. These prices could change depending on where you are. It will cost more the more you attempt to modify it.
3. Legalities
Local variations in building codes can extend project timelines and drive up construction costs. Capital expenditures and extended building schedules may result from your project’s proximity to a sensitive region, which necessitates legal clearance for construction. To ensure that your application is approved, you must adhere to all legal requirements.
4. Architect costs
Bricks, cement, concrete, sand, RCC-enhanced steel, and labour costs are all included in the civil cost. This price might vary greatly depending on the location and the design and structure of the house. Without an RCC column, building a brick wall costs between Rs. 700 and Rs. 800 per square foot.
Finishing work includes things like gates, windows, woodwork, electrical connections, plumbing fixtures, and compound work. Work on finishing grey floors costs between Rs. 450 and Rs. 800 per square foot. The price per square foot for moderate finish work, such as ceramic tile or classic timber flooring, ranges from Rs. 900 to Rs. 1100.
So these were some of the costs according to which you can decide what a big and small house may cost.
