Home Building Costs in South Africa

Maybe you've been out there hunting for a home and have yet to find that dream location. If you've been searching for a long time or just have a very definitive idea of what you want your home to be, then one of the options you may be considering is building your own home.

However, building a home is a challenging task no matter where you are in the world.


In South Africa, depending on the size of the house and other factors, the cost of building your own home can be very overwhelming. This may be because you had no idea about building a home, and so we thought we would share with you the home building costs in South Africa.

Estimating the Expenses


To estimate the expenses of building your own home in South Africa, you have to look at several different factors. Things like the location you choose, the size of the house, materials used in its construction, extra features like landscaping and security, and professional services like upkeep as well as the workers needed to build the home.


Another factor in this process is understanding the local rules and regulations to ensure you don't do anything that could cost you money down the line. Now that we've discussed that, let's take a closer look at the actual cost breakdown:


Cost Breakdown


Location - This may be the most important thing to consider when looking at the cost breakdown because it determines how much it's going to cost to build your house. It can change from province to province as well as area affected by the size and type of the property.


Size/Material - The next factor to consider when looking at the cost breakdown is the size of the property as well as the materials you want to be used in the build. This means if you intend on using bricks in your build as opposed to wood, you're going to pay more. Likewise, if you choose to have roof tiles as opposed to some other option, this may all affect the bottom line when it comes to the cost of building your home.


Room/Features - Another thing to consider when dealing with the cost breakdown is how many rooms your home will have. Also included in this are the features you want to be built into your home. For instance, kitchens and bathrooms add to the price but so too does adding a swimming pool.


Professional Services- The last thing that affects the cost breakdown is the services provided while building the house. This includes things like contractors as well as the size of the company and amount of people on the project. Some other costs may include things like the structural engineer, a lawyer, and an architect.


Prefab Homes – Pros and Cons


One way to eliminate some of the costs is to look at a prefab home. Like with any other decision regarding property and homes, this option comes with positives and negatives.


The biggest of the positives is the fact that it is more affordable than paying for all the materials and such when it comes to building your home. Along with this, the construction is faster than building your home from scratch, and they often are more energy-efficient than other options.


Now that being said, there are also some disadvantages. You will still have the cost of purchasing the land to place the prefab home on. Along with that, there will also be the cost of hooking up utilities, and often there is more of a cost upfront than there is at the back end.


How to Get Funding


When you're looking at where you can get funding for this home building project, you'll look at the same place as you would for a traditional home loan. This means you will be visiting banks and lenders who will evaluate your credit and other financials to ensure that you are stable enough for them to loan you the money.


To apply for these loans, you'll need the provisional drawings, a building contract, builders registration proof, and a lien waiver. After you get those, then you will be able to approach lenders and find the funding to build your dream home.


Understanding the costs and options you have will help you be more knowledgeable when it comes to building your own home. It might also take some of the stress off your plate because there will be no major surprises.