Costings Budget Tracking

http://jollyman2.googlepages.com/home


For all the readers of the blog there are two handy links of costings i have made; and a Bill of quantities (BOQ) for the house, this will give you a good idea of the use of a Quantity Surveyor on a project like this. In order to have some financial certainty as to where your project is going it is necessary to work to some sort of budget, many self builders just throw there money into the project only to realise that they have run out before completeion. By setting a realistic budget it allows you to alter the spec and the finishes of the house, and if you are starting to run over budget you can perharps cut down on the spec of the €30K fitted kitchen providing the other half agress!!!!
The BOQ is basically every item of the build that is to be carried out, the more detailed the spec the more sure of the price back you will recieve. You can break the BOQ into the seperate work sections, ie to the seperate stage payments of the self build mortgage or the seperate work element, to floors, external walls, plastering and so on.
By doing this it allows you budget against the various elements and try if you can to bring each section in on budget or even better under!
I will update this external link every so often with my running budget v's estimate hopefully this will be of help.