Simple, transparent, accurate
One of the fundamental questions at the start of any project is ‘how much is it going to cost?’ We try to make the tricky subject of cost as simple as possible by providing a transparent pricing structure and designing a home within an agreed budget.
Our 3D digital model of your home gives us the ability to interactively analyse the effect of any alterations to design and specification as we go, putting you in control of how and where you spend your budget.
ACCURATE COST PLAN
We produce a detailed cost plan prior to planning submission, with a breakdown listing the price of every last element. This ensures that you know the total price before the application goes in and that there are no major surprises further down the line.
We use a fixed price building contract once the final design and specification is confirmed and we are ready to start on site, giving you peace of mind that costs will not overrun during construction.
The total price of a Facit Home is predominantly formed of Construction Costs and Architectural Fees.
Construction Costs are measured ‘per square metre’ and the total is generated from the gross internal area of the home across all floors. Our costs shown below are based on a home of around 250m² over 2 floors, on solid level ground.
As every project (and site) is different, we will assess your individual requirements in order to determine a realistic budget at the outset.
Please note that on homes smaller than 250m², the cost per m² will increase due to various fixed costs associated with every project.
Architectural Fees are calculated as a percentage of the total construction cost, which varies from 10 – 17% depending on the project size and complexity, and cover the full range of architectural design services.
All other costs outside of the actual home, such as drainage/utilities connections, other professional fees (e.g. surveys, engineering) and statutory requirements will be project specific.
We carefully review our prices on a biannual basis to keep them as accurate and realistic as possible – the current prices shown are valid from June 2020.
Our turnkey option provides a complete end to end service for the design and construction of your home. Once designed, we will deliver your fully finished home under a fixed price contract, giving you peace of mind that the costs will not overrun whilst guaranteeing the highest quality finish. This is the simplest approach to creating your own home as we take responsibility for every part of the project.
£2,400 per m²
What is included:
Total internal area = 250m2
Total Construction Cost @ £2,400m2 = £600,000
Architectural Fees @ 14% = £84,000
Assisted self finish
Our assisted self finish option includes a full design service and delivers all of the complicated and technical elements of the construction, at which point the project is handed over for you to complete. This allows you to manage the interior fit out of your home including the purchase and installation of the surface finishes, kitchen and bathrooms. We will remain on hand to provide assistance and support, but by taking on the work yourself you can reduce costs and complete the project at your own pace.
£1,960 per m²
What is included:
A little note about VAT
Thanks to the good people at HMRC, you pay 0% VAT on a new build home.
That can make commissioning a new home much more appealing than doing a refurbishment or extension. The 0% rate applies to the whole house, apart from loose furniture and appliances.
Even better, because we fall into the category of a 'Design and Build' company, we can also apply the 0% VAT rate to our fees (and those of any consultants we use), unlike an architect who would need to charge the full 20% VAT.