Planning and Budgeting for your New Home Construction

A contractor using a laptop and blueprints to help plan home construction budget

Building a new home is an exciting endeavor. You get to choose the architectural style, building materials, floorplan, and products you want—something you don’t have the freedom to do when buying an existing home. But it can be easy to get so caught up in choosing the perfect building materials that you lose sight of your budget. That’s where value engineering can be helpful.

What is value engineering?

Architects, builders, and contractors define value engineering as the use of practical guidelines and procedures to lower the cost of building materials, equipment, systems, and products to achieve essential functions at maximum performance and highest value. In other words, value engineering is a strategy that produces a professionally designed and built home with the right combination of quality, budget-conscious materials and premium building supplies.

When premium building products make the most sense

Sometimes, choosing budget-friendly, good quality options for certain building products can help save you money, giving you the flexibility to upgrade to premium products for other areas of the home. Choosing premium building materials will cost more upfront but can be a smarter financial decision over time. Products that are highly energy efficient, provide superior weatherability, and are dependable and long lasting are good examples of when to invest in the highest quality. An experienced builder or contractor should be able to help recommend where budget-friendly options versus premium make the most sense.

Aerial photo of a home with ProVia Larkstone Slate metal roofing
Larkstone Slate Metal Roofing

1. High-quality metal roofing

For example, metal roofing is a great choice for new home construction. A high-quality metal roof can last for 50 years or more, with none of the decay or diminished performance of an asphalt, wood, or slate roof. A metal roof is resistant to rot, mildew, corrosion, and fire, and does an excellent job of channeling and shedding moisture, whether it is hard rain or heavy snow. Metal roofing performs exceptionally well under extreme weather conditions like hail and high winds. Metal also reflects radiant solar heat, keeping your home cooler and saving energy. Today’s metal roofing is available in an impressive array of profiles and colors; steel panels embossed to mimic traditional wood shake and slate roofing offer the unique and traditional characteristics of these classic materials.

Inside view of Endure double hung windows in white with transoms

2. Energy-efficient windows

Though you will be purchasing many of them, windows are another product that you should not skimp on. Mid-range to premium-quality energy efficient windows have an excellent return on investment and will save money on utility bills during the lifetime of your home. ENERGY STAR®-certified vinyl windows will measurably improve the thermal performance of your windows, resulting in less heat loss and warmer glass temperatures. High quality vinyl windows are engineered for performance, withstanding the harsh effects of weather and UV light, and are resistant to rot and insect damage. Residential windows are also available in wood-clad vinyl, with real wood interiors for homeowners who value the warmth and beauty of natural oak, cherry, or maple.

Coal Black Legacy steel french doors work well for double front doors and patio doors

3. Entry doors that deliver

The focal point of your new home’s welcoming curb appeal will be the front door. Entry doors take a lot of abuse – exposure to precipitation, heavy wind, harsh UV rays, and pollution, as well as frequent opening and closing. Do not hesitate to invest in a solid, premium, lifetime-warranted entry door.

Fiberglass and steel doors are professional-class products. They do not warp, shrink, split, crack, or delaminate, and they are ideal for harsh or humid climates. Steel entry are the strongest, most durable, and most secure on the market. Available in smooth or woodgrain embossed textures in a variety of paint finishes and stains, they are as elegant and handsome as they are sturdy. Fiberglass entry doors mimic the defined grain of authentic wood doors in textures such as oak, cherry, mahogany and fir, and a variety of stain and paint colors. Fiberglass doors are low maintenance as well—they’re easy to clean with mild soap and water and are resistant to denting and scratching. Choosing a premium entry door provides improved home security and endurance, with many options in styles and finishes to enhance the overall beauty of your new home.

Interested in learning how to bring the ambience of the outdoors into your home design? Check out our article Biophilic Interior Design.

Last Updated: April 11, 2023

Chris Baio

By Chris Baio

Media Strategist

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