Where To Save Versus Splurge When Building a HouseBYHYU 093

Published: Nov. 15, 2017, 10:30 a.m.

Most of us have to consider budget when making decisions about our dream homes.\xa0 And some budgets are tighter than others.\xa0 So in this week\u2019s episode, I\u2019ll give you some tips on the best places to save when building a house versus areas where you should splurge.

Before we get to those tips, we'll define a pro-term: Value engineering.

Value engineering is a term that you might hear some architects and contractors use when talking about saving money when building a house. Value engineering is an economical way of building that removes excessive costs but preserves good design. In other words, value engineering aims to lower the cost of building without lowering functionality.\xa0 That\u2019s achieved by spending in some areas and saving in others.

So, our lesson this week will focus on value engineering.

Show notes at BYHYU.com