![]() Also called tangible costs, these are related to the physical components of the actual construction portion of the project. Typically they comprise about 30% of any detailed construction budget. These are also called intangible expenses, and are for services rendered before and after the building portion of the project. Types of costs involved in residential constructionĪll of the components listed in the next section fall into one of three categories. How to stick to your residential construction budget.Steps for creating a realistic budget for your residential construction project.Tips for Estimating Project Costs Accurately.Key components of a construction budget.Types of costs involved in residential construction. ![]() Why is budgeting in residential construction projects important?. ![]()
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