Blog / Business / Web development

The True Cost of Website Development

  • Rating — 5 (14 voices)
  • by Elena
  • Updated on September 26, 2018
  • Read —
    4-5 minutes
How much does it cost to create a website

Average cost to build a website is what everyone wants to know. But there is no average answer since websites differ greatly. Nevertheless, this request still remains the most frequent one, so we decided to explain how we estimate the cost of our services.

The first thing you need to know that nobody can tell you the precise cost of the project without understanding the idea and making a plan. If you send a request that is not very detailed to a development company and they give you the final price at once, you can be sure that it will never be the same in the end. Unfortunately, a lot of clients are vulnerable to a promise like that.

So, how to get a detailed estimation and not to waste your time and money?

  1. How much does it cost to design a website
  2. How do we estimate our web projects
  3. What are the risks of skipping the specifications stage
  4. What is the individual estimation of a web project

How much does it Cost to Create a Website

Let’s start with the basics. The rough budget of the project can only be determined if you have the answers to the following questions:

  • What are the features of the website?
  • What are the deadlines?
  • How many team members will be involved?

Besides, it’s not a secret that the web development cost is also based on such factor as the geographical position of the development company. Hourly rates for the web developers, designers, testers and other team members vary in different countries. For instance, the highest rates are in the U.S. and UK, that is almost $100-200 per hour. The medium prices can be found in Europe – $50-100 on average. And the lowest prices are in countries like India, Pakistan and can reach $5-50 per hour. Since the U.S. based developers might be too expensive for some companies, they start to search for alternatives. But they shouldn’t be tempted by the low prices as they often involve poor quality.

Cost of a Basic Website

Web site expenses Average price per year, $
Domain name $2 to $15/year
Hosting $5 to $250
Maintenance $200 to $1,000
SSL certificates free to $50

Ukraine alongside with other Eastern European countries is known to be the golden mean due to the price-quality ratio. We even have a dedicated blog post explaining the main advantages of Ukrainian developers. Briefly, the main benefits are suitable time-zone, strong skill set, affordable prices, and mentality.

how much does a website cost to make large

How do we Estimate our Web Projects

Our mission is to deliver projects with the goal of forming long-term, trusting relationships. For that reason, we do all our best to provide our clients with the work done on time and within a set budget. How do we achieve this balance?

This is possible thanks to the specifications stage of development which is obligatory for all our clients. But what is the specification you may ask?

Software specifications or simply specs is a document that describes the functions that a software must perform. It describes the interaction between the user and the software system.

Example:

If the user clicks on an OK button, the dialog window closed and the system redirects him to the home page.

The specification process includes 4 stages:

  1. Business analyst writes Use Case scenarios.
  2. Designer creates Wireframes.
  3. System architect confirms the Technology Stack.
  4. System architect also prepares the Roadmap./li>

The purpose of the specification document is not only to describe how the system is going to work. It also allows the team to estimate how much time is required to develop the product.

When the specifications are ready our clients get the final estimate of the project. Afterward, the website development itself can be started.

What are the Risks of skipping the Specifications Stage

We strongly recommend to never skip the pre-development stage for the set of reasons.

  1. Some important features and functions can be missed without noting them down.
  2. It’s impossible to estimate the exact cost of the project without understanding the scope of work.
  3. If you decide to add some features on the go, be prepared for the cost growth.  
  4. It’s impossible to fit into the set deadlines without having a plan.

As a result, you don’t have a clear vision of the project and as well as any guarantees.

how much does creating a website cost

What is the individual estimation of a Web Project

In order to know for sure, how much would it cost to make a website each our clients gets an individual estimation. The specification has to be transparent so the client can understand who is going to be involved in the process and how much would it cost.

The development process is always divided into milestones with the control points at the end of each of them. This allows clients to review the scope of work in general and the estimated time for each task. We also specify who will be responsible for each task and the hourly-rate of this team member. That way, our clients are always aware of the development process stage and how each dollar is spent.

How much does it cost to hire someone to make a Web App

As you can see the costs of creating a website depends on many factors. Generally, the more information you provide at the very beginning, the less time it would take to complete the final estimation of the project.

The website cost is the combination of the size, complexity, design, and flexibility. Having decided to get your website done by the professional team you should rely on their expertise and work as a team to get the result that exceeds expectations.

Want to know how much does it cost to create a website for your business?

Elena is the business analyst passionate about everything connected with startups, business ideas, and analytics. She’s aiming to find the solution for every challenge, young companies meet on their way.


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Kate
Oct 06, 2018 at 11:33 AM

Love this blog and the way all information is being conveyed. Covered almost all the things that needed to be defined about this topic.

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