• WHAT TYPE OF HOUSE CAN YOU BUILD?
We will now assume that the real estate property you bought/purchased has water and electricity, and you now planned on putting up your house, the minimum cost computation (Php 6,000.00) includes reinforced concrete footings, columns, and beams, 6” concrete hollow blocks for exterior walls, vinyl tires and flooring.
For the two (2) storey house, we have the floor framing system and the roof framing assembly made of wood. Included also in the budget are galvanized iron (G.I.) sheets for your roofing, and ordinary plywood for your ceilings. Toilet fixtures for your restroom and glazed tiles for the toilet and bath are likewise included in the budget.
• CAN I BUILD A CHEAPER HOUSE?
The term “Liveable” as used in this guide is defined as a house that includes the basic necessities such as toilet and bath, kitchen sink, and counter, plumbing, electricity, together with the living and sleeping areas, simple finishing and is considered ready for occupancy.
• WHAT ARE THE ADDITIONAL FINISHINGS I CAN PUT UP?
Estimates illustrated above do not include additional finishing. If your budget allows you to spend more on your house, it should be on your finishes. Finishes refers to additional decorative items and structures such as narra for doors and jambs, wrought iron grills for windows and fences, laminated wood, marble or granite for floors, Clay Tiles for roofing, Narra Plywood for interior walls, Glass partition for bathroom, and so on. These were purposely used to enhance the beauty, glamour, and value of your house/building.
• HOW MUCH DO I HAVE TO ALLOCATE FOR THE LABOR COST?
Labor usually eats up about 25% - 35% of your total construction cost. Which means based on the given illustration of Php 300,000.00 worth of project, Php 75,000.00 – 105,000.00 is allotted for labor while the remaining 225,000.00 - 195,000.00 will be spent for materials.
• HOW MUCH IS THE COST OF THE BASIC MATERIALS I WILL NEED?
There is no definite pricing for construction materials, some suppliers may mark up cost for some materials while compensating on others. This practice of suppliers is designed to give their customers the impression that they offer materials at a low or affordable price. In a way, they attract clients and they were able to convince them that they offer cheap cost for the same materials as other suppliers offer at a higher cost. However, these suppliers compensate by giving you other materials with marked up price.
We therefore present these price guides to somehow give you a general idea on how much these materials normally cost.
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