Real Estate Investor February 2021 February 2021 #131 | Page 62

How to cut costs when building a house

Be lenient on your pockets

How to cut costs when building a house

There are many things to consider prior to buying property and getting your first home. Even worse starting your own development from scratch, either for residential purposes or for business purposes. It is a costly venture, however with the correct information it does not have to be as costly.

As many people are moving to gated estates and established suburbs, the need for energy efficient houses is growing. This is because buyers in the middle and upper price ranges seek to build new energy-efficient and ecofriendly homes, causing a heightened demand for stands in some suburbs and gated estates.

While building new properties in these stands, all these property owners will have in common is the need to keep costs down – which is always best done by thoroughly planning the whole build before you begin.
Gerhard Kotzé, MD of the RealNet estate agency group shares his top 6 suggestions for saving when building a new house:
Choose the stand location very carefully. As buyers are purchasing stands it is
28 FEBRUARY 2021 SA Real Estate Investor Magazine