7 Hidden Costs of Building a House in South Africa

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Learn about the 7 hidden costs that most first-time home builders don't know about!
Get in contact with Mokonyane Property Group for building inquiries:
Contact Number : 082 326 6486 / 071 297 3482
Email: boitumelomokonyanestudio@gmail.com
The Cost of Building a Home in South Africa:
• The Cost of Building a...
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While the initial expenses of construction are well-known, there are several hidden costs that can significantly impact the overall budget. These 7 hidden costs are essential to budget for so that your dream home doesn’t turn into a nightmare.
Homeowners in South Africa can avoid unexpected costs when building a house by taking several proactive measures. Firstly, it is essential to assess the budget and obtain funding, taking into account not only the visible expenses but also the hidden costs associated.
Additionally, homeowners should budget for all necessary expenses upfront instead of during the building process to avoid disappointment or unexpected costs
Furthermore, being aware of common hidden costs that we discuss can help homeowners minimize unknown expenses and budget more effectively
By collaborating with dependable providers and contractors, homeowners can also work to arrange competitive costs and keep a check on the budget. By being aware of these potential additional expenses, individuals and developers can better prepare for the financial aspects of construction projects.
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00:00 Intro
02:10 Land Acquisition and Development
02:46 Architectural and Engineering Costs
04:11 Regulatory and Compliance Costs
05:33 Financing and Legal Costs
06:33 Material and Labor Costs
07:28 Unforeseen Expenses
08:03 Maintenance
08:40 Planning Tips

Опубликовано:

13 июл 2024

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Комментарии : 83

@mathewsmaidi7760 4 месяца назад

Quite insightul. Semi-pro tip: Always talk to an architect or builder before you start. They are usually keen on sharing information with the hope that they will get your business. Amazing what you can learn "for free".

@bm.studio 4 месяца назад

Relationships are everything in this industry

@andilegumede2481 4 месяца назад

Windowshopping professional services is such a bad habit.

@mathewsmaidi7760 4 месяца назад

@@andilegumede2481 professional services are like most products or services. You are free to sample as many as possible, until you find one that best fits your needs. You are not bound to first service provider you speak to.

@antoniodon6130 2 месяца назад

I love this F&^^% guy. We get so ripped off by contractors and this Man is honest as hell. May your business grow from strength to strength and you continue to be blessed

@thullymasilelatherealtor 4 месяца назад

This information here is gold. Thank you Boitumelo.

@keletsomokone2663 4 месяца назад

Please do a video on the feasibility of alternative building solutions in SA.

@iam._nesh 4 месяца назад

That's why we have to include retention fund in the contract.

@suryrajah7761 3 месяца назад

Very insightful. Must add to the costs the vacant land rates charged from transfer date until the house is approved for occupation. 😢

@midvest 4 месяца назад

I like the way u articulate and your information is profound. Keep up the good work.

@Skurafaso 3 месяца назад

I'm in. I saw this video just when I needed it most. Thanks bhuti.

@zinhledube9428 4 месяца назад

So informative!

@MWELASEDUBANDLELA 4 месяца назад

I love this channel to death😂😂❤ Looking forward to working with you some time in the future

@bm.studio 4 месяца назад

We'll be waiting for you

@florahmakhubelawest6618 4 дня назад

Your work is 👌👌

@pabalelomaesela9815 4 месяца назад

Notification on ❤🎉🎉😊

@kevinnev 4 месяца назад

This video helps one stay informed.

@bm.studio 4 месяца назад

The more information, the easier the process

@bhudasbuda 4 месяца назад

Was hoping you were gonna share the solution you used for the sandy soil.

@bm.studio 4 месяца назад

We used what we call a soil raft foundation. You'll be able to see it once we put together a behind the scenes of how we built the house

@ronlawsteel4146 4 месяца назад

Best video I've ever watched, very informative, let's them keep coming, thanks

@bm.studio 4 месяца назад

I'm glad you enjoyed it. We'll definitely keep them coming

@Sophia.Lee4794 4 месяца назад

I'm here🙋🏽‍♀️🎉

@wimcoetzee2484 4 месяца назад

Well composed. Thank you.

@bm.studio 4 месяца назад

You're very welcome

@pabalelomaesela9815 4 месяца назад

Thank you Boitumelo. This is very informative 😊❤

@bm.studio 4 месяца назад

I'm glad you've learned something from it 👌🏽

@timothymagwaza2277 4 месяца назад

One would have expected soil testing to be done well before site preparation in order for your client to count the cost before building.

@bm.studio 4 месяца назад

The testing needs to be done beforehand, correct. But it needs to be done before the design is even completed. By the time it comes to us to quote, we quote using the informative given to us. We decided to test the soil ourselves because we saw that the plan given to us would not work

@Accuface2000 4 месяца назад

Soil testing is done before building, whether you have the design or not is irrelevant. Designs can be altered

@IsiloSamazwe 3 месяца назад

I'm very curious about the style of building employed by many American developers. I often see them rely mostly on timber rather than brick and I always wondered about the cost for both options. Building and maintenance. Would you recommend the American style of building in SA looking at cost, material availability and ease of construction?

@Txlko 3 месяца назад

It would be a cool series if someone could review these luxury modern houses that cost millions and runs through the cost (or estimations) of building them. i mean, I can't be the only one wondering that, if a house costs 9mil, how much did it cost to build? And as mentioned in the video, there are multiple costs that are included in addition to the labour and material but it would still be a fun series to watch.

@mokoepa Месяц назад

Yes please

@mogologolosefoka2493 4 месяца назад

Great 👍🏾

@israelngassa6567 3 месяца назад

Bm. I love your designs, minimalistic yet beautiful. I am from Tanzania East Africa and i hope one day to invite you here so you can help me design a simple, large and minimalistic house.

@florahnemaorani3492 4 месяца назад

Thank you. Boiti❤

@bm.studio 4 месяца назад

You're very welcome

@mrgadisi 4 месяца назад

Very informative, Tumi. It's just interesting that a Quantity Surveyor, the professional charged with managing all of these costs from stages 1-6 of construction, was not mentioned....

@bm.studio 4 месяца назад

Correct. The average home is not really at a large enough scale to bring in a Qs. They are at a size where contractors execute those roles with a client. Your mega mansions or complex structures would be the notable exceptions. QS's are generally brought in if you plan to tender a project

@mrgadisi 4 месяца назад

@@bm.studio Average home being what size and how complex? I'm asking such since I am a QS myself and have worked on a number of properties in and around Gauteng.

@bm.studio 4 месяца назад

@mrgadisi this is where it gets very interesting in our industry. Because there are many ways to go about building a home, there are multiple solutions. When you use a turnkey construction company, much like ourselves, the role as I mentioned earlier, is absorbed by us. But you find that many clients don't use a one stop shop. If you plan on commissioning multiple stake holders, a quantity surveyor then becomes more crucial in not only costing but also managing the budget. While it is advisable, the key here is that it's not a requirement. Especially if it's a private project. The public sector is a whole different ball game. That's where you can talk about value thresholds because there are requirements by law

@ZKhweziN 4 месяца назад

I hope the "building is cheaper than buying" brigade will watch this video.

@ontisitsemanyeneng3154 4 месяца назад

Pretty sure they're referring to building in the rurals as opposed to suburbia . So that "brigade" still has a fair point.

@sanelemazibuko1716 4 месяца назад

People have build houses already, and it was cheaper not even R700k cost, nor R500k emakhaya

@CDRobbie 2 месяца назад

Who sells a house below cost?

@apexlegendscompilation6574 4 месяца назад

Speaking about unexpected costs(Gremlins to your account), budget for these... Land surveyor, Geotechnical engineer and Structural engineer... Your Architect will require services from these guys before they can design and submit your plans... :-)

@lebogangzachariamfumadi944 4 месяца назад

Thank you once again Boitumelo for another amazing informative video. A question I have before purchasing any land to build on, would the estate (in this instance) provide the information beforehand so that the potential buyer knows that they would need to increase their budget? I mean surely someone must evaluate the land beforehand to see whether if it is habitable right?

@bm.studio 4 месяца назад

The developer or agent you purchase property from normally has basic information about the site you wish to attain. The responsibility of due diligence, however, falls on the owner. It's not always easy to assess land before you purchase, but it is a practice that needs to happen more often

@bm.studio 4 месяца назад

@@Sandra-vl7qy will add it to the list

@INTER.NET_TONY 4 месяца назад

Deep

@sphamandlayende1510 3 месяца назад

Thank you for the information, but nextime please never record in an empty room or one with bare concrete floors. Your sound was really bad after you left the field. to solve this you could have done a voice-over since the audio is so bad, if you need help on how to better record sound please feel free to contact me. I'm happy to help.

@apexlegendscompilation6574 4 месяца назад

Read your builders contract thoroughly and have a clear understanding of their contract before you sign.

@thabolepota8397 4 месяца назад

Why don't suveryors or architectors don't do soil analysis first before designing and planning a home?

@bm.studio 4 месяца назад

The responsibility is on the land owner to commission a geotechnical report if you want to know the information beforehand. Otherwise, you'd have to wait for the engineer or contractor to test once you have appointed them.

@thabolepota496 4 месяца назад

Yhea a geotechnical survey can be costly too, I guess people just take a leap of faith and hope the engineers agree to build in the land they identified

@halinaleonowicz8038 4 месяца назад

It is very standarized practice in building industry to promise the services, which are normally done by architect , engineers etc. Short cuts became normalized. Playing on human nature and naivety of general public....😴

@AnnaSelemela-rw4ql 4 месяца назад

Boitumelo Mokonyane, please consider us in Free State. We need to get your contacts please. You mentioned that you can only send your team to FS if we are going to build a large house.

@bm.studio 4 месяца назад

Email us your query to boitumelomokonyanestudio@gmail.com

@lazarusramaube8291 4 месяца назад

You have thoroughly discouraged me

@bm.studio 4 месяца назад

Rather have the information beforehand instead of finding out during the process. Being prepared is very important

@thembsndlovu46 4 месяца назад

Do all these costs apply when buying a land in village where a land cost +-R3000?

@bm.studio 4 месяца назад

Rural land doesn't have the same sort costs. Most of the regulation bodies do not preside over rural land. You would have to just do some research on your specific village

@A-KAY784 4 месяца назад

Can you please help me with my In-service training? Please bhuti I need someone who has experience like you

@neok2702 4 месяца назад

The increase on foundation cost is on you. You should have known the soil type beforehand.

@bm.studio 4 месяца назад

Unfortunately, it's not always that straightforward. Just for some insight, initial quotations were done using the house plan. Any engineering doesn't happen until after that point

@MKL_D 4 месяца назад

Not quite, the Geotechnician should have checked the soil before the plans were drawn. I know this because my brother runs a Geotechnical company. The problem is that people take short-cuts and hope for the best. Geotechnical work needs to be done first. The builder has to build what has already been drawn.

@dannewtonimagery 4 месяца назад

Core samples part of the survey and feedback from adjacent properties would have been simple to prevent this.

@MKL_D 4 месяца назад

@dannewtonimagery you are right, but sometimes it can be misleading. My neighbor for some reason, had a different soil to mine. I couldn't believe it but I saw the soil samples myself.

@bm.studio 4 месяца назад

@dannewtonimagery that would have been ideal as well. But the home is isolated on the street we are building

@TheNick8995 3 месяца назад

The are no hidden costs if you are familiar with the build science, you need to know the geology of the land. The spec needs to be right, water proofing & humidity control