Understanding the True Costs of a Construction Project
Construction costs are often thought of in terms of “cost per square foot.” This works in a housing development because the builder is constructing the same or similar models over and over. In reality, determining the actual cost of a custom home or remodel is a complex exercise involving many different variables. The design of your project, the materials that are used, and the quality of the construction work combine to determine the real costs. There are five general areas you should consider in order to understand the true costs of your project.
- Size of project
- Complexity of the structure
- Quality achieved through use of materials
- Quality achieved through craftsmanship and a good project management.
- Site and/or existing structure issues.