How To Build On A Budget

So your business is growing, and you're thinking about expanding or building to meet your growth needs. Of course, the first question more people have is, how much will this cost? Indeed, a great place to start. We've compiled a shortlist of considerations as you think about building or expanding to help keep your budget managed. These tips should help you get your bases covered and even avoid unforeseen costs and issues.

Know Your Needs

We recommend making a comprehensive list of what your new building or expansion needs to accomplish. For example, do you have heavy manufacturing equipment that requires a solid foundation? Do you need warehouse space or room for overhead cranes? Will you need office space or conference rooms? You know what your growth pains are better than anyone.

We recommend sorting your list into two categories, must-haves, and a wish list. Doing everything on your list is undoubtedly an option, but budget restraints, timelines, and more can cause issues.

The more you can separate your needs from wants, the better your chances of keeping your project on time and within budget.

Design-Build

If you are not familiar with design-build services, no worries. Here's a quick explanation - Design-Build is when building or remodel design services are provided in-house by your contractor, who will also be delivering the building services. All under one roof.

Design-build is a great way to save on costs and help your project have more continuity. When a general contractor is involved in all the design steps, it can help solve problems before they become problems!

Alternative Building Options

You've got options! Looking outside the box when it comes to how your new building is constructed can be one of the best budget savers!

Consider pre-engineered steel buildings. Most people associate this style with farm or ag-type buildings, with simple corrugated steel walls and roofs. The fact is, you're not limited to these simple finishes! Pre-engineer buildings can look any way you see fit, modern or traditional; steel buildings can be designed to meet the look and feel you're going for.

Pre-engineer steel buildings are also quick to go up. The building is delivered in pre-assembled pieces and is put together at your site. The time savings alone make these options worth considering.

Choosing Local

This tip may seem obvious, but it's worth mentioning. When you choose to work with a local general contractor, you'll be getting an expert on local building requirements and codes. A local general contractor will also have great local relationships with subcontractors. These advantages alone are worth finding a local builder for your project.

Find the Right Contractor

You must take your time to interview and vet any potential general contractors who bid on your project. Finding a good fit and a team that "gets it" is worth the extra effort.


If you are beginning your search for a partner for your building project, Raeco Builders would be honored for an opportunity to meet you, hear about your needs and see how we can help. Contact us below.

Jake Peterson