In 1980 my uncle built a 4 bedroom house, three bathrooms, two lounges, dining room and a huge kitchen in a small town. Including the price of the stand, and all the extras, like flooring, plumbing, baths and showers, basins kitchen fitted cupboards, stove and a pool, the total cost was R48 000. It was one of the most beautiful houses in town. It sold for R2.5 million in 2009. How much will a house like this cost in 2053?
Very much clever and rare idea to document the building of the house and the relevant costs thereof. It'll be more interesting if you could also include the value of the stand. Overall great content.
stands are merely something separate, as a contractor i come across a lot of these land values that increase over time due to the development of the area
@@aluwanimoyo4093 😅 home style this one. Enjoyments lol the guys where putting on a show. We work hard, we just not working for ourselves. I'm Proud of us.
Good overview. The only advise I can add always have room for unforeseen cost. lets say proj estimation are at 500k, always have 100k to accommodate unforeseen.
Roof is the most expensive part of building a house; I recall getting a quotation in January 2022 simply to get a rough idea of how much I needed to save; it was about R72k when I went back in May 2022 to purchase; it was around R91K when I returned home I cried real tears shame. and with the additional materials that I had to purchase, it increased to +- 106k.
Very informative video brother, however construction Costs vary according to province, KZN being the most expensive place to build due to difference in material and labour costs, followed by Guateng and Western Province. Architectural and professional fees are much more than alocated on this video (professionally from 9.5% to 14% of the project costs). Also always have 10% to 15% of contingency fees (travelling, accomodation, meals, unforeseen costs). I think this is a powerful platform to feed & lead our potential clients with informative knowledge in the right direction. 🙏🏾
If you go to his paperwork video he explains why his arch fee was so low. He'd already designed the house and only want the drawings for the city. He explicitly refused any other design/arch services which is where your 14% project cost service fee would come in.
Wow I had to see this in the morning. Now I will be precise in my prayers 😅 A quick question: are the costs you showed us for the labour or what you spent with material? Thank you.
This is a best Chanel, and can help lot of people understand a work needed to be done to complete a project and estimate, however I question the price's and quality of the work.
This is really awesome ,thanks for this , I just subscribed ,always wanted to know the costs and details , please provide more info in future such as possible narration and more details , how many rooms , was the cost of labour incl etc , thanks so much once again
Well done buddy.🎉🎉 Building your own house remains cheaper than buying it through the bank but the stress of building, the builder making mistakes then says he will rectify when he plaster or making you purchase extra unnecessary materials just for you to return it is something else. I went through hell, just glad I'm done with those guys. Now I'm left with flooring, ceiling and painting 😅
This is what i was looking for. I love the overall breakdown. Maybe just to be a bit selfish. It would be nice at the beginning to mention the size of the house/dimensions (per square meter) and how many rooms. And also add a comment of the sub-breakdowns of the main breakdowns you have here. Example (Paper work includes house plan, Government approval docs, deed etc). But thats just me being selfish. None the less this is exceptional.
