Setting a realistic budget is one of the most important steps when you’re planning an architectural project. It’s not just about what you can afford—it’s about creating a plan that aligns the funds available with your dream design.
As architects, we’ve heard too many stories about construction budgets spiralling out of control and that’s why we always ask “What’s your budget?” at the start of the process.
Here’s how we approach it:
- Start with Your Financial Reality
Your budget typically reflects your savings, the maximum mortgage you can secure, and what makes sense based on your property’s value. Whether it’s a fixed number or a range, having clarity on your spending limits from the beginning sets the foundation for a successful project.
- Design Within the Budget
We start with your budget and then design, not the other way around. Throughout the process, your design may evolve (it naturally does), but your budget will always be kept in mind. If your dream design exceeds your budget, it doesn’t mean it’s impossible. We’ll explore cost-saving options or phase the project to achieve your goals over time.
- Regular Budget Check-Ins
To avoid surprises, we check in on your budget at key design milestones and before engaging with builders. This ensures the design stays realistic and fits with your finances as the project takes shape.
- Aim for Predictability
Our goal is to make the construction cost for your project as predictable as possible. By proactively managing the design and budget we reduce the chances of surprises when builder quotes come in.
Ready to get started? Get in touch with Tom or Rachel and let’s talk about your budget!
