Building costs. Jan 2023

With recent price drops that 10% should be almost gone give it another 6 months and you will save a good bit more

Yeah, those are ex VAT

Mayo, 217sqm (~2300 sq ft)

I take it from your prices your going with a contractor rather then self building.

6600 for drawings for planning, construction drawings and overseeing the build.

breakdown

2k for drawings

2.2k for construction

2.4k for overseeing project and signing off every stage

600 or so would be the going rate here in Donegal for the percolation test.

all the drop is becoz of oil price coming down

as long as oil price stabilizing for a time of period

raw material price should come down!

Our build is underway so I can give some fairly solid figures (though we started in early summer 2022 so got ahead of some small price rises). House is 265 sq m and a 60 sq m garage. We are building in the South East. All prices including VAT if applicable. Direct labour build managed by ourselves.

Ground works and foundations both house and garage (labour and all materials) - 37k

Structure (materials and labour for blocklaying, hollowcore and steel for large opes/corner window, cills and lintels etc excludes insulation) both house and garage: 55k

Roof garage: materials + labour (excludes insulation): approx 7k

Roof house: materials + labour (excludes insulation and veluxes) approx 21k

Windows and external doors both house and garage (excludes veluxes and roller door): 35k

Only have labour quotes past this and not priced materials so not really useful to include

We're just starting to build now - not a great time but it's impossible to know how things will play out in the short/medium term and our kids are 6 & 8 so we can't really afford to hand about much longer.

If you have no kids or much younger kids, you might consider holding off but you'd want to be prepared to wait 5 years or more for a significant decrease and also be aware that it may never actually come.

It depends on the trade from my experience, wet trades like plastering and blocklaying the labour makes up a significant proportion of the cost and the rates are far higher than they once were. Roofing, foundations etc would have materials costs much higher than the labour.

The biggest single item that has really been far far more expensive than expected (so far) was windows and external doors, now ours is driven up by having a large aluminium slider and aluminium front door but still leaving these as PVC would still have us at about twice the cost of a relation who built about 6 years ago and they had a bigger house.

The majority of builds and extensions will be paid for with added interest rates right now its expensive to get a loan or mortgage and it will be the same for the next 12 months I can see rates dropping in 2024 at some stage it may be late. if people can hold off I can see raw materials dropping and a recession this year will help construction workers come to terms with the reality that the majority of people wanting work done cant afford to get it done. the math cant lie. 30/40% increase in costs for an extension and over half the working population not getting a pay increase in 2022. See what 2023 brings.

And me as well please .

Has anyone any ideas on what it would cost for an architect or engineer for a 1 room extension or renovation ?

Hey rs8, I'm hoping to make a start myself in next few months. When you say you "done it all your self" do you mean you dug foundations etc yourself or that you didn't go contractor route that would provide you with builders finish and you will be bringing in your own trades to do work along with doing any bit you can yourself? Not being smart or anything I have a bit of cash put aside and hoping to make a start with that so I'm wondering is the 28k you put into foundation because you did it yourself or thats price it cost you to bring someone in to do it? Also just wondering what size house you are building? I will be build approx 2000 square foot bungalow. I won't be going contractor route either myself and hoping to do as much as I can myself.