One of the key things you’ll want to figure out early on in your build journey is just how much it’s likely to cost. Every self build is different, of course, so the answer will depend on a wide range of considerations – including the planned size of the house, number of storeys, quality of materials and finishes you want to specify, location and more. One big benefit of building a bespoke home is your project will be zero rated for VAT – so you can get much more for your money compared to buying a new house on the open market.
The self build cost table and accompanying project advice in this article, prepared by the experts at the Build It Estimating Service, will give you an insight into what you need to know when planning your project budget. To help start your scheme off on the right foot, we’ve looked at five different sizes of new build home, along with a variety of singlestorey, dormer and full house types.
You’ll notice that the larger the house, the lower the construction cost per square metre (m2 ) of usable floor area. So, you can generally achieve better value with a bigger home – provided your budget will stretch to that size of property. This is down to economies of scale: you’ll need basically the same amount of foundation and roof on a two-storey 200m2 home as you would for a 100m2 bungalow, for example.