Economic construction has become a well worn term. Does the opposite, ‘wasteful construction’, even exist? Every building project is subject to financial restrictions, whether for multi-millionaires, or the family next door. ‘Well-priced’ does not necessarily mean reduced or low costs; the critical factor is what you actually get for the money invested. From this point of view, economic construction can only mean one thing: good architecture at appropriate costs. The article displays how this can be achieved and highlights different aspects: from concept to cost responsibility; from construction to building technology; from standard and location to contract allocation and building site.