COMMERCIAL BUILDING CONSTRUCTION 4 golden cost-saving rules
Whether you are building a supermarket, business tower, or a small IT office, commercial construction is always challenging. And when your goal is to save money while doing that, the task becomes more herculean. In this PDF, Vancouver Builders will share how you can save money while constructing your commercial building or space. As leading commercial property builders of Vancouver, we know what matters and what doesn’t when you are on a budget. Today, we will be discussing 4 thumb rules for saving money during commercial construction.
Rule #1 Construction cost breakdown The most important (and also ignored) rule while hiring a contractor or a builder for commercial construction is cost breakdown. Act smart! Whenever you hire someone to build for you, ask them to breakdown the cost. Instead of having a full construction cost structure, you should get labour cost, material cost, and approvals cost separately valued so that you can have a better idea of the expense you’ll have to pay in the coming days or months. Not all builders will give you a clear idea of the individual cost estimates. It is therefore smart to consult multiple builders before you assign someone with construction work of your commercial building.
Unit 521 – 6540 Hastings street Burnaby BC V5B 4Z5
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Rule #2 Source of construction materials To save more on your commercial building in Vancouver, you must be familiar that rates of commodities differ almost everywhere. Same goes for building material. The costs may differ in Vancouver and Burnaby. Make sure that your builder sources the material from the right suppliers. Ask them to share quotes from different suppliers to ensure transparency. Building a commercial space will consume a lot of money. Therefore, make sure you are as thorough as possible. By hiring a trustworthy supplier, business owners manage to buy the building materials at much less cost. Unit 521 – 6540 Hastings street Burnaby BC V5B 4Z5
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Rule #3 Stay organized Unexpected hiccups can mean additional costs. Stay on top of your construction schedule while building your commercial space. If you’re sourcing any materials yourself, have them on-site when your contractor needs them. Top commercial developers like Vancouver Builders uses technology to help clients stay on top of their project progress. Online client dashboards are widely used to track commercial projects and streamline processes. Request one from your commercial property development partner!
Rule #4 Build during the off season A commercial building needs a lot of time to construct, at least a year or two. Like many industries, the construction business has busy and slow times each year. Save between 4 and 5 percent by starting your project when contractors tend to be slow (right after Christmas, for instance). If your project’s construction work falls within the off-season, it is a fair chance for you to earn discount on labour and materials. Learn more about commercial construction services.
Unit 521 – 6540 Hastings street Burnaby BC V5B 4Z5
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www.vancouver-builders.ca
Read more about commercial building construction on our website.
Commercial building construction – Endnote While Vancouver Builders have shared the easiest ways to save money on commercial construction, that’s not all we have to offer. Here’s another quick tip: Don’t settle for low quality materials and services. While developing your commercial building, hire a trustworthy team of builders.
Unit 521 – 6540 Hastings street Burnaby BC V5B 4Z5
info@vancouver-builders.ca
www.vancouver-builders.ca
At Vancouver builders, we deliver the very best to entrepreneurs, business owners, and organizations in commercial real estate development. Benefit from our 25+ years of experience in Vancouver real estate market and make huge savings on your next project.
Get a quote for your commercial building’s construction in Vancouver and neighboring regions. Visit: www.vancouver-builders.ca Email: info@vancouver-builders.ca
Unit 521 – 6540 Hastings street Burnaby BC V5B 4Z5
info@vancouver-builders.ca
www.vancouver-builders.ca