ᐅ Potential Savings in Residential Construction

Created on: 22 May 2016 20:56
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FamPre
Hello everyone!

My partner and I have recently gone through several homebuilding guides. They included some tips on saving potential that do not involve doing any of the manual work ourselves.

One major point was hiring different trades separately, as general contractors often add 10-15% to the price to cover possible cost increases.

Do you have any other suggestions for saving money without necessarily lowering quality?

Best regards
FamPre
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garfunkel
22 May 2016 22:47
That’s how it is: a friend of mine bought his kitchen from IKEA and paid just €4000 (about $4400). The kitchen itself doesn’t look bad, it serves its purpose, and was assembled by two people in one afternoon.

Comparable quotes from various kitchen builders were around €10,000 (about $11,000).
The IKEA kitchen is certainly not quite as high quality as those from kitchen builders, but it’s not completely poor either.

I also have to say, if the kitchen lasts 10 years, it’s an absolute bargain, and at €4000 (about $4400), you’re not tied to that kitchen forever. You can simply choose to replace it after some time. With a €10,000 (about $11,000) kitchen, I probably wouldn’t even consider changing it after 10 years.
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86bibo
23 May 2016 07:16
Ikea kitchens are generally of good quality. If you want to treat yourself, you can also install branded electrical appliances. However, you should be able to assemble the kitchen yourself. Otherwise, the price advantage is more or less lost. Additionally, Ikea is less flexible and does not offer as many custom cabinets as a branded kitchen. So, if you have an awkwardly shaped or small kitchen, you should consider whether it might be better to go with another option.

I would recommend saving money on items that are subject to wear anyway, but unfortunately, the potential for savings there is limited. With bathrooms, there is more opportunity to save, although those usually last 25 years or more.
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Andre-Jana
4 Jun 2016 08:27
We are planning to start building our house in spring 2017. We have already visited a kitchen designer and shared our ideas with him. Since he has a large showroom, we can design a kitchen according to our preferences and have it installed at our home after it has been on display for a year. This way, we get the kitchen at significantly better terms and save a considerable amount of money. Of course, this approach is not for everyone and requires plenty of advanced planning. But it is another way to reduce costs. Friends of ours have done the same and have not regretted it...
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Legurit
4 Jun 2016 09:12
How much do you pay for your kitchen?
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garfunkel
4 Jun 2016 09:41
I have received a quote from the kitchen fitter for a kitchen with
- 10 linear meters (33 feet)
- No wall cabinets
- Built-in electrical appliances (oven, cooktop, dishwasher, refrigerator, freezer)
- Large induction cooktop
- Ventilation hood ducted to the outside
- Large sink (Silgranit)
- Wooden countertop
- Matte lacquered cabinet fronts

Total cost approximately €9000

I’m still not sure if the current configuration will stay as is. I might need to make some changes to the countertop and cabinet fronts.
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Legurit
4 Jun 2016 09:42
It’s not necessarily a bargain... which cabinet brand?