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Prices of Elite Builders London
It is impossible to get the average cost for individual construction projects because of the difference between one project and another; the complexity of the project, the site conditions, the fluctuation in the supply and demand of the state of the market, and inflation.
We can provide you with rough estimates on the phone when you call 020 8987 8071, or we can come to you and measure up and provide you with detailed costings for your building project.
What will your building project cost?
Labour costs
Labour is an integral part of every single building project. Depending on the type of project, various tradesmen will be required. For example, on a new build, you need a construction team who can operate equipment for a wide array of jobs like lifting and carrying, cleaning, digging, fabricating and installing materials and so on. This means that you will need the team to do woodwork, electrical, plumbing, construction and groundwork.
So depending on the contract and the daily labour requirements, residential construction labour costs usually amount to 8 to 10% of the overall budget, 13 to 15% in commercial projects, and for industrial projects, it’s about 5 to 6% of the entire budget. This is a very rough guide on labour costs though.
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Material costs
This covers building materials and may include, but is not limited to, aggregates, cement, metals, glass, concrete, bricks and clean; some of the most popular types of building materials used in construction. The specific costs depend on the requirements of and choices made during the building project.
Equipment costs
There are multiple pieces of equipment that are used in the construction industry, both for small-scale and large-scale properties. Elite builders London uses different types of equipment for building townhouses, underpinning, roofing, internal renovation and so on.
The equipment may excavate and dig, and be used for placement of construction materials like concrete and brick, levelling and compacting, hauling, grading and dozing. The specific equipment needed for your project will influence the overall cost. If specialist equipment like cranes are required, or you need scaffolding for extended periods, that will need to be factored into the cost.
Site costs
Site costs are the costs of factors concerned with successfully setting up the site infrastructure, for example, setting construction requirements for fences, getting a licence, and assessing the site. This also includes the general cost of ensuring that the site is safe and stable and that you or your neighbour’s fencing foundations are not adversely affected by the construction work. The site cost will depend on the results of the series of tests conducted on your site.
Get in touch
Whether you are a contractor, property developer, builder or property owner, a clear and accurate forecast of how much your building project will cost and its completion time is important.
Anyone in the construction industry understands that communicating exact building construction costs can be challenging, regardless of how much research you’ve done. This is because there are a lot of factors to consider when estimating new building construction cost and commercial construction cost. The cost drivers for each project need to be understood as they are all variables that can alter the bottom line.
We are experienced building professionals and can provide you with detailed, comprehensive quotes, outlining all building costs and options. To book a free survey to get your specific construction project costed today, please contact us today on 020 8987 8071.
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