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Build or not build one off house

  • 11-03-2022 9:32am
    #1
    Mossie13
    Registered Users, Registered Users 2 Posts: 14 ✭


    With materials showing no sign of levelling off cost wise, ladour costs increasing and mental quotes coming in for a 180sqm house should I hold off on the build?

    My fear if I hold off is increases continue and interest rates increasing.

    Anyone have any thoughts or suggestions.



Comments

  • #2
    enricoh
    Registered Users, Registered Users 2 Posts: 5,082 ✭✭✭enricoh


    It's a rich man's game building a one off now! Are you handy? If you went direct labour n gave yourself a few years to get it done it might take the sting out of it. I seen someone on here with a quote of 5k per square metre. dunno if the 4" solids were gold plated- I hope so!



  • #3
    Furze99
    Registered Users, Registered Users 2 Posts: 11,392 ✭✭✭✭Furze99


    Probably depends on whether you need to build at the moment. Everything tends to go in cycles, usually increasing, but if you wait till there's a downturn again, you'd likely get better value.



  • #4
    Mossie13
    Registered Users, Registered Users 2 Posts: 14 ✭Mossie13


    Unfortunately I'm not a rich man and I don't see a decrease in materials with the housing plan in place for the next 10 years, only thing that might reduce is ladour due to the smaller builders having less private builds due to people in same predicament as myself. If anyone has a crystal ball give me a buzz 😂

    5k a sqm is mental, I'm getting 2.5 at the moment. Looking into direct labour at the moment and getting started is the only fear I have there once the ball is rolling I think I'd manage it, but are they savings actually worth the stress?



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