Build now or later?

Deciding to build now or later might be answerable by literally the two choices, but it requires a lot of factors to consider: the budget, the design, the contractor, among others. In simpler terms, it requires planning, budgeting, and collective-making to arrive at a certain decision. Here, True North Construction Services crafts a guide you can depend on to make the best decision for you.

Plan

Do you already have a concrete plan for what you want to do with your building? Regardless of whether you have a 3D design plan or not, it is necessary to know how you want your house to look after it’s completed. If you think you know what you want your house to look like, we highly suggest building it now. But if you don’t have it yet, you either coordinate with a contractor or plan it with your loved ones.

At True North Construction Services, we always consider the preferences of our clients, as we believe that they should have a house that is aligned with their lifestyle and they are comfortable living in.

Budget

After figuring out your preferred house, you need to get it quoted by a contractor. This will help you see if your budget is enough to construct your desired building. If you already have the budget, then it is better to get your building constructed since materials are also affected by inflation, which increases quotes from contractors. At True North Construction Services, we offer free quotations and help our clients decide on the best design/materials they can for their budget.

Urgency

Is it urgent? If constructing it now will help you get more comfortable, will make your life easier, and will solve a lot of your problems, then don’t think twice and build it now. But if you don’t need it now, you have plenty of time to think about it and plan for it.

Marketing Trends and Opportunities

This applies to projects intended for business or income-generating purposes. Building now gets you ahead of the competition, especially for areas with high tourism. If you are building Airbnbs, for instance, you will be able to maximize the high-spending mindset of the tourist right away, making you earn sooner.

Here is a checklist that can guide you. Take note that this is only for guidance; professional assistance is still necessary.

Build Now or Wait? Decision Survey

This simplified survey helps you decide if you're ready to build now or should wait. Mark the appropriate column based on your current situation. Use the examples to guide your answers.

Category 1: Planning Preparedness

Question	Example	Yes (2 pts)	Maybe / Not Sure (1 pt)	No (0 pts)
Your building design or concept is finalized.	I already have my floor plan ready.
You’ve chosen or shortlisted contractors/professionals.	I contacted at least 2 contractors already.
You understand and are preparing permit requirements.	I know what permits I need and where to get them.
You’re logistically and mentally prepared to build.	I’ve cleared time and I’m ready to handle this.

Category 2: Budget Readiness

Question	Example	Yes (2 pts)	Maybe / Not Sure (1 pt)	No (0 pts)
You have enough savings or financing for your project.	I saved enough or got a loan approved.
Current construction costs fit within your budget.	I’ve checked prices and they’re within what I expected.
You can cover unforeseen construction expenses.	I have extra money just in case.
You expect construction costs to rise soon.	Prices of materials seem to be increasing.
You are eligible for financing incentives or discounts.	I can get a special loan or promo.

Category 3: Project Urgency

Question	Example	Yes (2 pts)	Maybe / Not Sure (1 pt)	No (0 pts)
You need the space soon (personal, business, rental).	I plan to use the building this year.
Delaying construction may cause financial or practical problems.	Waiting would mean more costs or delays.
Your timeline is tied to an important deadline or event.	I want it done before school/work starts.
You’re concerned about future zoning or regulation changes.	I heard our barangay might change building rules soon.

Category 4: Market Conditions & Opportunities

Question	Example	Yes (2 pts)	Maybe / Not Sure (1 pt)	No (0 pts)
Current trends support your project goals.	More people are moving into my area.
There are attractive promos or financing offers available.	Suppliers and banks are offering deals.
Your property or area is appreciating in value.	Land prices are going up here.
There’s a strong business/rental opportunity right now.	There’s high demand for rental spaces nearby.

Total Score: ____ / 40 Points

(Yes = 2 points · Maybe = 1 point · No = 0 points)

Interpretation Guide

Score	Meaning
32–40	Build Now – You’re ready in all aspects.
22–31	Build Soon – Almost ready. Just finalize some key items.
11–21	Wait and Prepare – Improve your budget, plan, or timing.
0–10	Not Ready – Focus on planning, not building yet.

Need Professional Guidance?

At True North Construction Services, we help clients at every stage of the building journey — from design to full project execution. Whether you're ready to break ground or still exploring options, we're here to assist. 📞 +63 953 310 2100

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📩 Email us at: truenorthconstructph@gmail.com