Improving the transparency of line itemised house construction contracts and allowing new home owners to more competitively source construction materials and services
Innumerable hidden costs and contingency costs has contributed significantly to the exorbitant/prohibitive costs to housing construction. House construction contracts are full of line items that do not truly reflect the true cost of a material being integrated and built into a home. An app currently being designed may assist to resolve this problem by providing a break down of costs (and builders margin) assisted by a 3D rotated schematic of the house design, including underground utility installations. The app will be provided to the potential home own 'prior to contract' where the builder needs to disclose where each of the itemised costs lead to the total contract price. Improving the visibility of costs provides the client / consumer with 'opportunities' to better negotiate or alternatively source a more cost effective construction of a quality home.