Choosing the ceiling heights on your property development: What to consider... and can your budget cope?👇👇LINKS AND INFO👇👇
// SUMMARY
In the property industry, high ceilings are considered sought-after and high spec. They do, however, have a real impact on budget.
On this site, we've chosen ceilings that are about 30% higher than required. The end market in this area seeks better quality, higher volume and a bit of "wow factor" in their choice of residence.
If I'd gone up another foot on these 44 flats, that would have probably added £40k-£50k to the spend. Those costs will be incurred due to extra plasterboard, plastering, painting and labour.
So at some point, you've got to make a viable judgement on the costs of the site to decide where to put your ceiling height that meets both client expectations and your budget limitations.
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