Calculation of the cost of a turnkey design project.
A turnkey design project is a great way to create a unique and functional space that exactly meets your needs and tastes. But before you begin to realize this dream, it is important to determine the budget. In this blog, we will look at how to calculate the cost of a turnkey design project.
1. Define your goal and design area
The first step is to determine which parts of your home or office require design. It can be a kitchen, living room, bedroom, bathroom, etc. maybe.
2. Set the level of quality and style
Choose the quality level of materials and finishes and the desired design style. For example, you can choose a luxurious classic style or modern minimalism. Each style has its own characteristics and value.
3. Make a list of design elements
Make a list of all the design elements that you want to include in the project. It can be furniture, lighting, textiles, decorative elements and appliances. Consider every detail to avoid unexpected expenses.
4. Consult with a professional designer
Cooperation with a professional designer will help you determine the details of the project and understand how much time and effort it will take to implement it. The designer will also be able to give you the initial cost of the work.
5. Consider additional costs
In addition to the immediate design and construction costs, also consider additional costs such as taxes, permits, insurance, and other unforeseen expenses.
6. Compare offers and choose a contractor
Compare the offers of different designers and construction companies. Consider not only the price, but also the experience, reputation and portfolio of professionals. Choose the one that best suits your needs and budget.
7. Plan your reserve fund
It is important to have a reserve fund in case of unforeseen expenses and changes in the project. It is recommended to allocate about 10-15% of the total budget for such a fund.
8. Determine the timing of the project
Set realistic deadlines for the project and take them into account when calculating. Long delays can lead to additional costs.
Remember that the cost of a turnkey design project can vary significantly depending on the size of the project, the level of complexity, the selected materials and location. It is important to be ready to invest in creating a space that will bring you joy and satisfaction for many years to come.