The only way to guarantee your project will remain within your budget is to enter into a full contract, fixed price agreement with your builder. Discuss all the Prime Cost Sums and work out if you are likely to spend more on these items than what the builder has allowed. For
example, kitchens, tiles and carpets can vary hugely depending on whatstyle you want.
At Construction 4U we will provide you with a schedule and an in-depth quote which outlines the cost of every detail in your project. These documents will tell you what is happening and when. However, unforeseeable circumstances such as bad weather or structural rot (common in renovations) are sometimes likely to arise, so it is important to be prepared to change things if necessary.
It is also vital that you have a contingency amount in your budget, especially when renovating, to cover any unforeseen issues that may arise.
Some of the extra costs to the home owner that can be over looked, and are generally not included in a quote, are landscaping and lawns, washing lines, letter boxes, curtains and blinds. These items can add up very quickly.