U.K. Construction is innovative, and has the vision to create unique, custom projects suited to your individual needs and goals.
What You Can Afford
Many homeowners want a ballpark price for their renovation before they begin their planning or design.
When estimating the budgetary price of a renovation, assume you’ll spend approximately $225 per square foot and up, depending on the size of the project. Note that each renovation is unique and the price will depend on many factors. Three key factors are: the current condition of your home, the changes you want to make and the materials you wish to use. We highly recommend that you first establish your budget, and then decide which elements of your list of wants you can afford.
To get a rough idea of what you can expect to spend, take a look at the cost of similar projects. Ask your friends or family who have have had renovations done. Look at the work done by design-builders by reading magazines, visiting trade shows or searching the Internet, and ask them what the project cost to build. Find out what was included and what was not. Does the price include cabinetry, flooring, windows, and appliances? What about the “hidden” upgrades to plumbing, electrical, and heating? Having a budget for specific elements, such as cabinets or flooring, can help determine what materials you can afford to use.
Take a look at your financial situation
Establish what you can afford to spend. You may have enough in your savings, but if not, talk to your lender about your financing options. A line of credit may be your most economical and convenient option.
Set your preliminary budget
After you have determined what you can afford to spend, set a preliminary budget. Base this budget on what you can afford and what is a reasonable investment in your home. Take a look at the current housing market in your area and evaluate whether or not this investment in your home can be recovered if you sell. Remember, your house is not just an investment; there is an inherent value in staying in the neighborhood, having an easy commute to work, being close to schools and other factors of your home’s location.
What you need to begin the Architectural Design and Engineering stage are Conceptual Drawings. With the help of your design-builder, the conceptual drawings will bring your ideas to life. The conceptual drawings will help you see how your ideas will fit your life, your budget, and your dreams. Be certain to include everything you want, to ensure that they get included in the construction.
After you have the conceptual drawings, you will need Working Drawings (blueprints). Working drawings are done to scale and indicate all dimensions and construction details.
Working drawings are always required for projects involving structural changes, such as moving walls or adding space.
In addition to the working drawings, your design-builder or architect should provide written specifications indicating materials such as flooring, windows, trim profiles, and other materials not indicated on the plans.
Most experienced design-builders will prepare working drawings and offer inhouse architectural design. One benefit of having the design-builder prepare your design is that they are completely familiar with the construction process and know how to control costs. You can usually hire a design-builder to provide design services for a negotiated fee without any commitment that they will be selected to carry out the project. In addition, the price of your drawings is often far less through a design-builder than by contracting a designer or architect.
Having a design-builder create your drawings saves you money and helps establish a working relationship with your potential design-builder.