Ep84 - Budget pitfalls to avoid

The Selfbuild Podcast

In Part 4 of a four part series about build costs in Ireland, quantity surveyor Keith Kelliher explains how to budget for your build and what pitfalls to avoid, including:

• Why the most common budget buster is not having a budget in the first place
• How to deal with price increases for materials when self-building
• Rate of inflation on materials 4 per cent per year
• Can ground conditions be budgeted for? Worst case scenarios.
• Most common budget busters: lighting and electrics, how much each electrical point will set you back, how many do you need?
• Benefits of quantifying each element
• Pre-existing services, how to prevent nasty surprises
• PC Sums not being realistic, e.g. windows including costing estimates
• Where windows are coming from and how they're designed, knock-on effects with blinds
• Where money goes into windows, ironmongery costs
• Kitchen costs, how the add-ons work
• Bathroom costs, where to spend and where not to spend
• Which trades are more expensive
• Staircase and carpentry costs
• Will modular homes save you money?
• Benefits of employing a quantity surveyor
• Benefits of employing an architectural designer

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