Construction Budgeting 101: How to Plan and Save

Creating a solid budget is crucial for the success of any construction project. 

Start by clearly defining the scope of your build, including size, materials, and design features. This will help you get accurate cost estimates from contractors and suppliers for labor, materials, and permits. 

It’s also important to set aside contingency funds—typically 10-20% of your budget—to cover unexpected costs.

Don't forget to include permits, inspections, and regulatory fees, as these can quickly add up. Throughout the construction process, track expenses closely and adjust as needed to stay within budget. 

Regular monitoring ensures your project stays on track without overspending.

Let JL Construction help you set a practical budget and manage costs efficiently. Contact us today to ensure your project stays on track and on budget.