Owner Building in SA
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Introduction of Owner Building in SA
About Owner Building in SA
More and more South Africans are deciding, for a variety of reasons, to build their own houses. Some are attracted by the sheer challenge of the task; some by the sense of achievement, of self fulfilment , that comes with a successfully completed project; others are impelled by a conviction that personal control over the building process will ensure a quality job; and still others by the prospect of saving money.
Of all these, the cost saving factor is perhaps the most important, particularly in these inflationary times. Various figures are produced from time to time in an attempt to establish the degree of saving that can be achieved, but individual circumstances differ and one cannot be too precise; probably the best estimate is that an owner builder can reduce costs by between 20 and 30 per cent, the exact amount depending on how efficiently the job is tackled and on the degree of personal involvement.
Since the National Home Builders Registration Council (NHBRC, see National Home Builders Registration Council, page 35) was established by the Government in the 1990s, all home builders are required to register and maintain certain standards. If they do not register, banks may not provide finance for the building operation. Since registered builders must pay certain fees and a small percentage of the contract price to the NHBRC (largely to finance a warranty protection scheme), it stands to reason that this extra cost is generally passed on to the home owner. As owner builders and most subcontractors are not required to register, it is quite feasible that owner builders can save more, provided they have access to sufficient funds for building.
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