What Is the True Value of a Construction Contract?

What Is the True Value of a Construction Contract?

Currently, in the construction industry in general and residential housing in particular, there is fierce competition regarding pricing. The cost of building a house is often quickly estimated to gauge the approximate amount required to complete a home. We often hear or see in advertisements that the cost of rough construction is A currency/m², and turnkey construction is B currency/m². We will not discuss the calculation of m² because no contractor calculates the construction coefficient in the same way, even based on the same design documents. Instead, we focus on the final figure in the construction contract and the credibility of the company.

According to us, homeowners will receive the Initial Price when the Construction Contract usually includes the following:

โ›”๏ธ The above price only applies to: houses with one front side, outer walls built with 10cm thick walls... If the project design differs from the specific “standards,” additional costs will apply.

โ›”๏ธ The above price does not include: raising the house foundation higher than the sidewalk level, concrete for the ground floor... To meet the design requirements, additional costs will apply.

โ›”๏ธ Using design documents from another company: for any reason, additional costs will apply.

โ›”๏ธ Houses with elevators: additional costs will apply.

The above issues often arise concerning the cost and contract for rough construction, but what about finishing? For homeowners with good financial resources and contingency plans, additional costs are not a major obstacle. For homeowners who are workers or employees saving just enough for their plans, the total cost becomes a significant concern. Homeowners may rely heavily on low-cost all-in construction offers, which can lead to the following problems:

โ›”๏ธ The cost paid to the contractor for rough construction takes up a large proportion, leaving insufficient funds to purchase quality finishing materials.

โ›”๏ธ The cost of finishing materials is calculated per square meter: often listed at low prices and of average or below-average quality. If the homeowner prefers higher quality, additional costs will apply. This is a common issue that many homeowners have faced recently.

Some advice and experience for choosing a design-construction unit for homeowners:

  1. A design and construction unit with clear legal status.

  2. Experience and expertise in residential design and construction.

  3. Commitment to clear timelines and construction quality.

  4. Suitable for your investment capacity, balancing cost and quality.

Why should you choose AHOUSE CONCEPT as your partner to build your dream home?

  • We have 8 years of experience in consulting, designing, and constructing.

  • Projects by AHOUSE CONCEPT combine the ART OF ARCHITECTURE with FUNCTIONALITY.

  • Modern design style, incorporating greenery and water features into living spaces.

  • Meticulous construction, absolutely no use of counterfeit or substandard materials.

  • Our team of engineers is well-trained, professional, and dedicated.

  • CONSTRUCTION WARRANTY AND MAINTENANCE UP TO 10 YEARS

 

 

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