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Getting the Home You want with the Finances you Have Identify your budget early This is something that only you can determine. You will have to determine a figure with which you can live. You may need to consult a financial manager or an accountant for advice in this matter. Your bank manager may also be of help. Share your budget with your builder Perhaps you are afraid that if you share your final budget with the design/builder, they will design to the budget rather than designing what you want. Well, it’s the chicken and egg argument. Much time (and cost) can be eliminated if a budget is known from the outset. Menno S Martin has been working with clients in this area for more than 60 years. Most of our business is referral and word of mouth. Our clients have grown to understand our integrity. Outlining your budget from the outset, will only help us to meet your needs effectively. It will be the beginning of an open dialogue and an honest relationship between our company and yourself. If you’re thinking of trying to calculate the costs of your renovation on the basis of some arbitrary square footage cost, you may be either shocked or disappointed. “Set” costs simply don’t work in a renovation project. It’s one thing to put up a flimsy poorly designed addition and it’s another thing to put up a solid stable room with quality materials and workmanship. The cost for square foot will obviously differ. Know your Options Once you have determined your wishes, your budget and then met with one of our Design/Build Managers, you may be pleasantly surprised that we will accomplish what you want well within the figure that you had in mind. If on the other hand, our budget for your project is more than you can handle there are many alternatives. Sometimes focusing on quality and a smaller size for the addition is the solution. At other times, it may be a question of staging the renovations to assist you with financial constraints. Maybe the whole wish list will take a while to accomplish! |
