Architecture / June 17, 2018 /
The relationship of quality to cost is often expressed in the saying that you get what you pay for. Cost is a critical factor in most building projects and some clients will seek a low price. Low price and maximum price competition, however, often have negative impacts on quality standards and achieving best value for money overall. In the current economic climate below cost tendering has heightened the risk of contractor insolvency and it may be difficult and expensive to obtain protection from this risk. Unrealistic and inadequate budgets often lead to projects becoming finance driven where cheaper options are preferred to better or more sustainable alternatives. Certain clients may have fixed budgets which may not be exceeded in any circumstances. In such circumstances the client will expect the quantity surveyor to maintain rigorous cost control during the project in order to deliver the project within budget. Designing to achieve such cost limits might curtail the introduction of beneficial features and or variations which may result in excessive running and maintenance costs later on.
Focus your time and attention on all aspects of the design of your home, not just on size. Find the right architect for your project–one who is intent on listening to your needs and who does not just have one set of plans for everyone. When you have the budget for a luxury home, you want it to be your dream home. We have created a guidebook. It is available for free in the Resources section of our website. Download it today to learn more about how to find the best architect for your project.