- Set a Realistic Budget Early
Before starting your project, establish a clear and realistic budget. First, consider what’s most important to you—what are your non-negotiables? Account for all possible costs, including hidden expenses such as planning fees, legal costs, and contingencies. Be sure to set aside a contingency fund of at least 10–15% for unexpected issues.
At BGG, we help you balance costs with functionality and aesthetics through value engineering. We establish a Risk Register from the early stages, essentially, a list of potential risks that could impact the project, such as delays, cost overruns, design changes, or unforeseen site conditions. For each potential risk, we provide a realistic cost forecast, helping you understand how it could impact your budget. This ensures full transparency and allows us to manage your contingency fund effectively— helping you stay prepared and keep your project on track.
- Choose the Right Trades Teams
Hiring skilled and experienced trades teams is essential. Work with teams that have a proven track record in luxury homes, ensuring high-quality craftsmanship and efficiency that save you time and money in the long run.
At BGG, we treat your project as if it were our own home. Founded on a team of passionate experts, we collaborate with only the finest tradesmen and tradeswomen in the industry. Peace of mind matters—and so does the finish!
- Understand the Full Scope of Your Project
Be clear on what you want and ensure all parties involved have a detailed understanding of your requirements. Ambiguity can lead to cost overruns and delays. A detailed scope will help guide the process and reduce surprises.
At BGG we understand if you have never built a house before, how do you know what your requirements are? Our in-house designers will take the time to understand you and your daily lives and offer you guidance on your options, and what could work best for you. Let’s build that sanctuary for you and your family!
- Get Detailed, Accurate Estimates
Make sure you get detailed and accurate cost estimates before proceeding. Don’t rely on rough estimates—get proper quotations for everything, including labour, materials, and additional services.
At BGG, we know that accurate cost estimates and detailed bills of quantities are the foundation of a well-managed project. That’s why we utilise the latest software’s, including to instantly procure building materials, plant, and equipment—ensuring real-time pricing and precise budgeting. By working closely with our trade’s teams and suppliers, we provide transparent, itemised quotations that help you make informed decisions and keep costs under control. We also track and provide you with your sustainable procurement report.
- Know Your Timeline and Schedule
Clearly define a realistic project timeline with key milestones. Stay proactive by regularly checking in with your contractor to ensure the timeline is being followed. Without a project manager, it’s especially important to keep track of progress yourself, as delays can quickly lead to additional costs. By staying on top of the schedule, you can minimise potential disruptions and maintain control over the project’s pace.
At BGG, we recognise that construction timelines can be unpredictable, and every project comes with its own unique challenges. However, we believe the key to managing this is clear and proactive communication. Our team stays ahead by asking the right questions, anticipating potential conflicts, and working collaboratively to keep the programme on track.
- Ensure Proper Contractual Agreements
Always have a written contract that details the project scope, timeline, costs, and responsibilities. Contracts help prevent disputes and ensure everyone involved understands their obligations. This is especially important in luxury projects where quality and deadlines are crucial.
At BGG, we believe in addressing the tough conversations from the outset. Clear contractual agreements ensure that everyone understands their responsibilities, including risk allocation and the procedures to follow if issues arise—whether foreseeable or unforeseen. By defining these terms early, we help mitigate delays and potential disputes, keeping your project running smoothly.
- Plan for the Future
When designing and building your home, think about future needs such as space for a growing family, sustainability, or energy efficiency. Incorporating future-proof elements can save you from costly renovations later.
At BGG, we help you plan with the future in mind, considering how your home will evolve with your needs. From flexible layouts to sustainable features, we ensure that your home is ready for whatever life brings, without compromising on style or function.
- Review the Quality of Materials
When building a luxury home, the quality of materials is everything. Invest in high-quality materials that will stand the test of time and enhance the overall aesthetic. However, always balance luxury with practicality to ensure long-term durability and maintainability.
At BGG, we source only the finest materials as directed by our in-house designers and work with trusted suppliers to ensure longevity. Our team helps you strike the perfect balance between luxury and practicality, ensuring your investment continues to shine for years to come.
- Stay Involved but Delegate
While it’s important to remain engaged with your project, delegating day-to-day tasks—such as managing contractors and overseeing progress—to your project manager or quantity surveyor can be a game changer. This approach allows you to focus on the bigger picture while ensuring that everything runs smoothly on the ground.
At BGG, we offer flexible services to suit your needs. If full project management isn’t necessary, ask us about our monitoring proposals. We can visit your site monthly, providing an independent evaluation of the work, ensuring all invoices are accurate and paid, and confirming everything aligns with the terms of the relevant contracts.