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HOUSE COST REDUCTION BY OWNER-BUILDING
Owner control of house building allows a variety of cost-reducing measures to be introduced, such as a smaller house, cheaper materials, fixtures and finishes, and staged construction. However owner-building offers the greatest cost reduction potential. This potential may be reduced by the owner-builder's materials and labour prices, any income forgone, and an extended building time. The cost implications of purchasing a speculative house, a project house and owner-buildinq are calculated, showing that owner-building has real advantages by reducing the loan amount, the repayment level, and the total interest paid.
HOUSE COST REDUCTION BY OWNER-BUILDING
Owner control of house building allows a variety of cost-reducing measures to be introduced, such as a smaller house, cheaper materials, fixtures and finishes, and staged construction. However owner-building offers the greatest cost reduction potential. This potential may be reduced by the owner-builder's materials and labour prices, any income forgone, and an extended building time. The cost implications of purchasing a speculative house, a project house and owner-buildinq are calculated, showing that owner-building has real advantages by reducing the loan amount, the repayment level, and the total interest paid.
HOUSE COST REDUCTION BY OWNER-BUILDING
Holland, G. E. (Autor:in)
Architectural Science Review ; 26 ; 103-107
01.09.1983
5 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Unbekannt
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