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| 30-10-2010, 20:35 | #47 |
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| 30-10-2010, 22:05 | #48 |
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Mod: Armagh, AT Rep, Construction & Planning, Construction & Planning Mods, Donegal, Fermanagh, Leitrim, North, North West, Tyrone
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| 31-10-2010, 21:52 | #49 |
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| 09-02-2011, 07:24 | #50 |
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Muffler, what sort of prices per square ft is common in Donegal now? Is it lower than when this thread started, due to the economic shambles?
Half thinking of looking to build now if the economy means the prices are lower. Mind you the price you quoted on the very first page worked out at about €75 per square foot. Last edited by DrPhilG; 09-02-2011 at 07:28. |
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| 09-02-2011, 09:44 | #51 | |
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| 09-02-2011, 23:48 | #53 |
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house building costs around the country
In my own opinion, I think the cost of building is still very high compared to buying a second hand house. The cost of buying a second hand once off house is now a lot cheaper than buying a site and building from scratch -so I feel the price to build - labour costs have to come more in line with the drop in prices of property. Perhaps I am wrong, but I have seen two lovely once off houses on either 1/2 acre or 1 acre being sold for anything from 230,000 to 290,000 and they are finished kitchens, wardrobes etc, landscaped, tarmaced etc etc. These houses range in size from 3000 sq feet down to 2500 sq feet - so this would equate to E76 per square foot for site and house completely finished and landscaped to E112 per square foot for site, house and everything completely finished. The price of E75 per square foot to build does not include site, finishing of house and landscaping etc etc. There is still a huge gap which needs to be bridged!
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| 10-02-2011, 16:27 | #54 |
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Building Material Prices are on the increase throughout Europe, expected rise 7%-15% in 2011.
Ireland imports nearly all of the raw materials; ie Steel, Timber, Aluminium, and products made from them. We can expect to see these price rises in the Irish hardware suppliers as the year goes on. Wages will continue to stay low as people are trying to feed their families with what they can, but you cant build your house out of cheap labour alone. Last edited by braftery; 10-02-2011 at 16:31. Reason: typo |
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| 10-02-2011, 16:50 | #55 | |
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But if you dont like the location and/or the design, then their price is immaterial, because you are never going to buy them. We are likely to see more disconnection between prices for second hand and new one off builds. There is going to be value in the second hand market in ireland for several years as the Banks and NAMA sell off property with defaulted loans. These "sell off" properties will be the driving force for the market values of second hand property and green site values. The cost of construction labour will be driven by the cost of living in Ireland and the minimum wage, until demand exceed supply,which is unlikely for a while. The cost materials will be determined by demand for those materials in Greater Europe and the UK. The slump in Ireland will have no effect on the prices, as we are simply to small a market. Personally, I do not think cost of labour has anywhere lower to go and cost of materials will definitely rise. Therefore excluding site costs (which could do anything !), my belief is that, the cost of construction will probably start to increase in the second half of 2011. Last edited by braftery; 10-02-2011 at 16:52. Reason: typo |
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| 11-02-2011, 14:55 | #57 |
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| 13-02-2011, 10:36 | #58 |
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Hey Guys,
Just at stage of sending spec of to builders to get a quote. I am building in West Cork-just wondering if anyone has recommendations for builders down this side of the country could they please PM me-also to stay on topic what to people think the cost per square foot it down here for builders finish? |
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| 14-02-2011, 15:59 | #59 | |
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Hopefully it will be helpful to people. |
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| 15-02-2011, 09:20 | #60 | |
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However, buying used, you are still buying used. It more than likely will not be an efficient home, in terms of current building standards (BER, etc), so the headline figure will be low (purchase), and the cost to run, high. It's long-term value will always be towards the bottom of the market. I know of one house, 3900 sq ft 'traditional build' - built inside the last two years, and it's heating bill is €3,300 per annum........you truly do get what you pay for...... Even spending the same money on a new, maybe even smaller house, built to the best standards will make it both a cheaper and more comfortable place to live, with lower running cost, and, if you're worried about such thing's, the prospects for it's valuation, down the road, is much better. As for cost's right now - I'm seeing A2 and higher houses coming in, on client's finished houses, in the region of € 1,000 - €1,300 per square metre. This is complete, turn-key, c/w Solar, UFH, MHRV, Hi-Spec windows (imported ), Rainwater Harvesting, all interior decoration and fit-out. Was in just such a one last Saturday (360sq m), for the first time since the client's moved in. Ambient temp inside 20deg C, no heat on (not required), energy bill for Sept - Jan was €50 in LPG and 184 litres of oil (AGA). Compare that to the build I mention above........ |
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