[danbohan]

Originally Posted by galwaytt

On face value, you are correct.

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........

they must been on holidays with those figures , aga gives normal usage figures for 2 oven oil model of 40 litres per week !

[angela59]

Originally Posted by galwaytt

On face value, you are correct.

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........

Firstly heating bill E3300 sounds very execessive, I live in 2800 sq foot house built 18 years ago and oil would be E1000 to be E1500 per annum, sticks coal would be about E720 per annum. We have an AGA which would run through easily 40 liters per week - I only use in December and January - very inefficient way of cooking and heating water.

With regard to what you say about houses, there are a lot of things to factor in, site be it elevated of shetered, orientation of house, size of house. I still say it is cheaper to buy a second hand house with all landscaping etc and upgrade it rather than start from scratch. Payback time on green heating be it geothermal, HRV etc etc is a long time.

[galwaytt]

Originally Posted by danbohan

they must been on holidays with those figures , aga gives normal usage figures for 2 oven oil model of 40 litres per week !

Originally Posted by angela59

Firstly heating bill E3300 sounds very execessive, I live in 2800 sq foot house built 18 years ago and oil would be E1000 to be E1500 per annum, sticks coal would be about E720 per annum. We have an AGA which would run through easily 40 liters per week - I only use in December and January - very inefficient way of cooking and heating water.

With regard to what you say about houses, there are a lot of things to factor in, site be it elevated of shetered, orientation of house, size of house. I still say it is cheaper to buy a second hand house with all landscaping etc and upgrade it rather than start from scratch. Payback time on green heating be it geothermal, HRV etc etc is a long time.

Ye're figure of 40l week ties in close enough with the usage I've posted. Still sounds barking mad to me though, to spend that much running a cooker that's not connected to anything.......

It's not the first time I've come across this, either: I know someone with and electric AGA and it costs a fortune to run as well.

Angela - if you're heating that size, in that age house, to current comfort levels, you're doing very well. Go out in to the market though, and you have no idea what you'll end up with.........and whilst you say payback on an efficient house may never come back to you, I respectfully disagree - you're forgetting that energy is set to increase, ad nauseam..........in the same vein - how can anyone justify say, an AGA for 2 mths a year use, and at 40litres/week, as well ........?

[angela59]

Angela - if you're heating that size, in that age house, to current comfort levels, you're doing very well. Go out in to the market though, and you have no idea what you'll end up with.........and whilst you say payback on an efficient house may never come back to you, I respectfully disagree - you're forgetting that energy is set to increase, ad nauseam..........in the same vein - how can anyone justify say, an AGA for 2 mths a year use, and at 40litres/week, as well ........?

galwaytt - I built house 18 years ago, AGA was installed then, oil was cheaper in those days - I wouldn't recommend anyone to install one now as I pointed out in my last point. An AGA can actually use a lot more than 40 liters per week. Oil prices are going up. I have planning permission to build and if I built in the morning what I would spend money on is insulation and more of it, windows, solar panel probably install LPG with condensing boiler with RADS rather than underfloor heating. Would not invest in geothermal, HRV etc - I have priced and researched these items and at age mid 40s payback would certainly be a long time. For the moment it does not make economic sense to sell I would not get the money I pumped into my existing house and if I built - sure it would be better ber rating but I would be a long time finishing off the house to the level I have in the existing house between interior decorating, trees, fencing - electronic gates, etc etc - those things that people don't think about when building are all big money drains.

[mmc2010]

Hi Angela, I find your post interesting. Why would you not invest in HRV, I would have thought payback would be short enough when the cost of running the system is so low. I'm hoping to build soon and was planning on omitting the likes of HRV and geothermal etc as I can't afford the big outlay and want to keep my mortgage down as much as possible. My husband is obsessed with getting an aga but I think we have agreed on getting a oil-fired stanley range instead, along with an oil condenser burner. Do you think this would be more efficient or am I deluding myself!

[muffler]

Sorry folks but we're going off on a bit of a tangent with the last few posts. Can we get back on topic and stick with posting details of the building costs around the country - either in total or even a breakdown of the individual components. For everything else please search for a related thread or a start a new thread if necessary.

[angela59]

Originally Posted by mmc2010

Hi Angela, I find your post interesting. Why would you not invest in HRV, I would have thought payback would be short enough when the cost of running the system is so low. I'm hoping to build soon and was planning on omitting the likes of HRV and geothermal etc as I can't afford the big outlay and want to keep my mortgage down as much as possible. My husband is obsessed with getting an aga but I think we have agreed on getting a oil-fired stanley range instead, along with an oil condenser burner. Do you think this would be more efficient or am I deluding myself!

Hi mmc2010,

I personally like opening the windows to ventilate the house and secondly the servicing of the HRV every 3 months - I was put off by what I saw on RTE'S Duncan Stewart's programme "About the House" - a lady had HRV installed, thought she was living in a extremely healthy environment until tests were carried out. The rests showed build up of bacteria, mould, and chemical fumes as the HRV wasn't serviced regularly. So a personal choice I would rather use fresh air. Also unless you are going for UFH - the HRV would go hand in hand with UFH but if going for Rads I don't see the need. You are doubling up if you are going for oil fired stanley range and going for condensing burner - the stanley has a burner which heats radiators. Would you think of going for gas instead of oil - you can order LPG in bulk now. In my existing house I purchased a waterford stanley range but it is electric oven and gas hob and it is very efficient - personally my advice would be to go for something like that and your condensing burner be it oil or gas. You are right to keep your mortgage as low as you can and have a life for yourself with interest rates increasing.

[angela59]

Originally Posted by muffler

Sorry folks but we're going off on a bit of a tangent with the last few posts. Can we get back on topic and stick with posting details of the building costs around the country - either in total or even a breakdown of the individual components. For everything else please search for a related thread or a start a new thread if necessary.

Apologies Muffler, that is my fault!

[muffler]

Infraction given to angela59.

Im not posting here just for fun and I certainly dont take too kindly to people deliberately posting off topic after being asked not to. If this happens again a ban will follow.

[galwaytt]

....another cost, from a site visited 12th Feb 2011, Galway. Large contemporary design, hi spec, A2, 360 sq m / 3900 sq ft approx. Turn-key price, using a contractor, fully fitted, decorated, finished, € 498,000 = € 1383/sq m or €128/sq ft

As usual, YMMV and all that.

[danbohan]

Originally Posted by galwaytt

....another cost, from a site visited 12th Feb 2011, Galway. Large contemporary design, hi spec, A2, 360 sq m / 3900 sq ft approx. Turn-key price, using a contractor, fully fitted, decorated, finished, € 498,000 = € 1383/sq m or €128/sq ft

As usual, YMMV and all that.

might be off topic but what would current market value of that house be ?

[galwaytt]

Originally Posted by danbohan

might be off topic but what would current market value of that house be ?

Well, it was built inside the last 9 month's, so it's costs are current, so I don't see it being subject to a 'haircut', if that's what you mean. Basically, it'd be the cost of the house and site added together. I have no idea what the site is worth, so, add..... 75k? 100k?

[braftery]

What is the Market Value of any house ?

Example:

A cottage over looking the sea in kerry might be worth €50k to a local farmer and might be worth €500k to an American millionaire's wife.

It is the same house on the same land, the only difference is the level of desire and the depths of the pocket.

However if the owner of this house does not want or need to sell, he might not take any offer under €1 million ....

So what is the market value of the cottage over looking the sea ?

[muffler]

danbohan, galwaytt and braftery all banned for 3 days for posting off topic despite a clear warning being posted to stay on topic.

[kboc]

i love this thread