Last 2010, me and my husband decided to build our home, bungalow type since we have a 150 sq. meter land. Let me share the bill of materials estimate of our Architect and contractor of our home way back 2010.
Every year, the cost of materials increase as well as labor so better decide and plan on how to be able to save for your dream house. If you decide to have mortgage loan, go ahead, just make sure that you are ready emotionally and financially. Building your own house is stressful so one must be prepared to handle the possible problems during house construction. Make sure that you have estimates for your dream house so that you can foresee the possible cost and be prepared for it.
Let me share our bill of materials for our bungalow house way back 2010. Expects that it is pretty high today compared to the below estimates. Our bungalow is 65 sq meter floor plan with 3 bedrooms, 1 cr/bathroom, living room, dining room and kitchen.
Bill of Materials and Estimates
I. Concrete and Masonry Works – Php 398, 502.50
II. Carpentry – 38,778.00
III . Steel Trusses – 45, 485.00
IV. Roofing Materials – 61,772.50
V. Doors – 20,792.00
VI. Windows – 45,300.00
VII. Plumbing Rough In – 15,340.00
VIII. Tile Works – 57,345.00
IX. Electrical Works – 16,720.00
X. Painting Works – 53,750.00
XI. Embankment / Earthfill – 45,000.00
Total – Php 798,782.00
SUMMARY
A. Material Cost – Php 798,782.00
B. Labor Cost – 399,391.00
Total Probable Project Cost – Php 1,198,173.00