How to calculate construction cost for your home

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How to calculate construction cost for your home: From determining floors plan to using concrete cost calculator

February, 01 2023

Who doesn’t dream of having a big house with a lawn in front and an architectural facade? But before your dream materialises into reality,  you must deal with the cost of construction practically. Calculating the construction cost is an essential step in the home building process that can help you to plan, budget and build your dream home with confidence. If you want to know how to calculate construction cost for your home, here’s a useful read. Here we share useful insights on determining floors plan and using concrete cost calculator to estimate the home construction cost:  

  • Know the quality of soil: Before you start laying the foundation for your house,  it is important to understand the type and condition of soil. The type of soil you are constructing upon plays a huge role in choosing the building materials. It is a good idea to get soil inspection done before proceeding with any construction. The condition of the soil can affect the cost of construction.  
  • Develop a floor plan: The floor plan and the size of the home will have a significant impact on the cost of construction. Larger homes generally cost more to build due to the increased amount of materials and labour required. It is important to choose a floor plan that is the right size for your needs and budget. For instance, the layout and design of the home can also affect the cost of construction. Homes with more open floor plans may be more expensive to build due to the need for additional framing and support.
  • Determine the cost of labour: 

It’s difficult to determined to cost of labour because it depends on a number of factors, such as: 

  • The type of work being done 
  • The skill level of the worker, 
  • The location where the work is being performed
  •  The time required to complete the work 
  • Seek advice from contractors: Many times considering expert advice can help you save a lot. For this, before starting the construction you should consult good contractors and ask for their advice about the best construction and building materials. Their years of experience in the construction sector can help you choose the best construction material. It is a good idea to get quotes from contractors to get a more accurate estimate.
  • Choose your materials: Look into various types of materials and compare their properties, durability, and longevity. When choosing construction materials, it’s important to prioritise quality over price.  A cheaper building material may save you money in the short run, but it could end up costing you more in the long run in repairs and frequent maintenance. 
  • Use a concrete cost calculator: Pre-determining the amount of building materials such as cement, ready mix concrete, concrete aggregate and waterproofing solutions can help you arrive at the construction cost of your home. You can use our concrete cost calculator to calculate how many bags of concrete you need for your house construction. All the information that you need to put in the calculator is the built-up area and no. of floors (including ground). The calculator will give you the estimate. 

Need more guidance on home construction?

If you are getting your home constructed and want to learn about different aspects of construction, we have a wealth of information on construction stages, house plans and which building materials to use