The building and construction industry is quite intriguing especially if you are just getting started. Things get a little bit easier on your second or third involvement with the folks in this field. As a newbie, you will most likely be overwhelmed by all the different things that are required to get your project going. On the professional side there are architects, construction contractors, engineers, plumbers, electricians, and many other unfamiliar but very critical players.
On the government side there are federal, county and even local regulators who require total compliance with all the existing building and construction laws and guidelines. And you can’t ignore all the traders vending various construction materials and the ever-present brokers lurking at every street corner looking to make a quick buck while welcoming a credulous newcomer into the industry. You will have to deal with quite a huge number of very busy and experienced individuals and if you are not well “armed” they might tear you into pieces.
The good news is that you only need a single piece of weaponry to survive and even conquer this colossal industry; ample preparation. And today is your lucky day because you will find everything you need to prepare for your construction “battle” below. Just remember that you always have to do the following things before starting any construction project. This is part of the project development phase.
Site Selection And Survey
Site selection demands more than a mere tour of the prospective site. You have to conduct an extensive survey of the site complete with boundary and topographical measurements. You should identify and list all relevant building and construction details, which can affect the project, such as the slope elevation, type of soil, and the presence of any other natural features like rivers or swamps. Include any existing structures — maybe constructed by a previous owner — like catch basins and storm drainage systems. Look for any utility installations and if none, measure the distance to the nearest access points. Your contractor can help you with site develpoment.
The next step as you prepare for your project is to conduct a comprehensive analysis regarding the financial suitability of your project. This will help you budget and assess the feasibility of the whole endeavor. Ask yourself critical questions like: Is the site really worth investing in based on prevailing market conditions and real estate prices? What kind of ROI will the project fetch on your investment and after how long? How much money should you spend on the project to make it financially feasible?
Market Research & Budgeting
The next step is less hectic because it’s more like a casual shopping trip. But you have to be extremely conscientious to avoid petty mistakes. You will need to identify the cheapest vendors while considering the quality of each item. This means that you have to conduct some in-depth online research to identify everything you need and the trusted brands to look for. You must also consider cheaper alternatives like recycled Anderson asphalt for paving instead of buying the original. And while you are at it, find out the prevailing hiring rates for all the main professionals that you will need for your construction project. Use all this information to create a rough estimate or budget.
Legal And Regulatory Considerations
You will still need to do some more research regarding the permitting needs in your locality or state. Legal and regulatory compliances vary by region and you need to know the specific building codes and zoning demands in your locality. This includes all the federal, state, local, and even environmental building and contracting permits.