Hi all,
New to the forum and very much wet behind the ears and so hoping to gain some tidbits of knowledge from you all.
I have pre-app granted to build a bungalow at the rear of the largish plot of land we have at the back of our existing house.
I want to build a home that ends up having minimal bills and have been researching passiv and other build designs that will help achieve this. (we are not precious on certs, just return from investment)
Our bungalow wishlist is a simple 17m x 8m, with a mezzanine floor across 2/3rd's of the build, and full ceiling height for the remaining 1/3, which will be the open plan living/kitchen area. 3/4 beds, 2 bathrooms.
Our budget could stretch to £200k. Hopefully we will live in this house for some years but we also don't want to spend over and for that money to not be reflected in the value of the end property, if that makes sense. The land is worth minimum £150k, if we spent £250k+ then the bungalow is not going to be worth £400k+.
Another key detail for us is indoor air quality. Both my other half and me have mild asthma and we also have a 3 year old that we want to have happy healthy air to grow up in.
I have had several quotes back from SIP providers, and it is looking unrealistic for us (between £250k and £400k) or £1800m-£2500m2. We ideally need a turnkey solution as I am not building minded and wouldn't trust myself or wouldn't trust having to deal with separate contractors to the manufacturers, with that kind of investment it seems risky and stressful for one company to not take ownership of the completed build.
Are these SIP quotes coming out so much because of the price of Timber? And will these likely drop in the next year or 2, if Timber prices come down?
And if you go with a separate contractor to put the house together, do they offer guarantees that any mistakes etc this will not fall on us in any way financially?
I also had 1 quote for ICF, which was a rough estimate over the phone, and he said around £40-50k but that was just delivery and we would need a builder or somebody experienced to complete the project, which he said he had 2 contacts near to ourselves in Cannock, Staffs. This seemed suspiciously cheap to me but then I'm not sure what the contractor and end costs would be.
It is a bit of a minefield and given we are just beginning this journey, I thought wise to join this forum, hoping to gain some advice!
Thanks for reading.