As people, we’re always looking for ways to trim our budgets especially now, during the pandemic. In this quest however, we want something that is super appealing to us while staying within budget of course. Are you in the real estate business? Are you looking for your dream apartment? Do you want to construct a house? Consider these creative and innovative tips save big on property and construction without uncompromising your dreams.
1. Look out for discounts
How has COVID-19 impacted the property and construction industry? Well, economies of people have back to back gone down forcing them to cut prices of their property. This is specially harsh for land owners, but for someone looking for land, this is great news as you can purchase properties at massive discounts, courtesy of the pandemic.
2. Start an online property business
With lockdowns and curfews still prevalent, the construction sector is still all the way facing significant difficulties in outsourcing construction materials like cement. What if you started an online store around that?
3. Stay out of crowded locations
Presently, we are not just looking out for the comfort of a home, but the health sensitivity around it too. For purposes of staying clean and safe from coronavirus, try segregated places. They have more space.
4. Buy low-maintenance building materials
The pandemic economy is tough; you don’t want expensive installations that will back to back need repairing and repainting. Consider buying vinyl or cementations siding and metal roofing, for example.
5. Build with enough space
A home that is better when bigger. As families, we have different errands, so even in our homes, we should encourage social distancing. And what a great way to achieve that than availing more room for everyone!
6. Encourage COVID-19 safety measures at the construction site
Encourage sick workers to stay home, limit tool sharing and practice hand hygiene among others.
7. Design construction schedules
There are curfew laws almost in all countries. So, presently whilst drafting a construction plan, include timeframes for projects that align with pandemic regulations.
8. Consider cleanliness of properties
What is the first thing you look out for in rented apartments lately? Hygiene should be one of them, preceded by COVID-19 precaution measures.
9. Budget for unexpected expenses
You never know what issue may come up during construction given the unprecedented times we’re living in. So, always secure some funds for unforeseen costs when preparing the budget. Things like delays, stolen tools, and damage building materials may result in additional costs.
10. Get your plan in place
Yes, now you’re ready to start construction or property hunting! Is your plan aligned with COVID-19 protocol though
