Are you holding off on extension?

Tbf attic conversions were never 10k. 20k has been the price of that for many moons.

No I'd say your quotes are entirely accurate. Double width extensions are the solid guts of 120k with basic finishes. 150k with kitchen and some niceties

I was planning on holding out but our planning permission was running out and they would not let us extend as they brought in some new regulation in Sept 2021 that they were not extending them beyond the five years without major work done. Just be aware that you get about an extra 5 months due to covid on any planning permission.

Since I started in September have got letters off pretty much every supplier every month or so saying 5-10% price increase. Concrete in September was about 100m3 now it's closer to 150m3. Some of these suppliers are just jumping on the bandwagon I feel. The price of labour is the worse thing if your lucky enough to find someone you will be paying for it.

€200 +vat per day for direct labor was the cheapest I could find for wet trades and that's if your lucky enough to get someone willing to do a job.

How many sq metres was the extension? Did it include kitchen and toilet?

We got a quote of 285k for 60 sq metre extension onto a semi-d in Dublin builders finish plus professional fees, we'll be waiting! Another company gave average of 3k per sq metre for extension and 1.8k per sq metre for refurbishment

Who are you telling! I may quite the day job

That alone is a sign things are not great with the construction industry the fact is 18 months ago you would of been lucky to have 1 builder out quoting the fact that you have over 3 now within days shows that the work is drying up and the data shows this too. Construction output is down over 25% since this time 18 months ago. People cannot afford the prices and things like raw materials, petrol/deisel and energy have all come down over the last 6 months so keep holding off if you can as the construction industry will either have to compete or hit the wall in a lot of cases as wages have not come up anywhere near to getting work done and the option of getting a loan has become exponentially a lot more expensive for the person looking to get work done as well.

Hi Wheety any chance of a full breakdown on what you got done. As 180k for 40sq meters is 4.5k a square meter. I know you got more done it would be good to know what you paid out for, for example under floor heating etc.

hi Fred, just wondering did you ever look into these?

Well we got a price for an extension for much lower than expected. We priced it 2 years ago at about 90k and our builder is starting in 2 weeks for a price of 85k. He did some work for us in a previous house and had been working on commercial and public projects like the port tunnel for a few years. He said that there is gouging going on and that you only have to look at the make, model and car reg of the lads building your extension are driving to see how much money they are making. He also said that people who were building in the commercial space are seeing that side of things dry up so its either extensions or new builds going forward and its far easier to exist with regards to regulations and planning in the extension side of things. So more competition means price dropping and he also said that almost all building materials are coming down and that the lads he knows are using this connotation of high raw material costs to gouge now he did say the exception was blocks and concrete which has remained fairly steady over the last 6 months or so. He said he is not making too much of a margin but enough to see him through to the new year. Good luck everyone getting their build done but getting a cheaper price now than 2 years ago is a result for us.

Just under 20 Square meters but also they have to remove a bathroom and install it in a different location and bring floors up to the same level as they are at different levels currently. In Meath

I just got tenders for a full renovation and extension in Galway city and they are over 3k/square meter. And that’s not luxury finishes - average price for kitchen, mid range wooden floor etc.

Wow those are crazy prices you'dbuild a mansion elsewhere, would u not price some companies in midlands, alot of them up in Dublin anyway.

Ah for feck sake, does that pricing even add up in terms of overall property value?

Will you be adding 485k to the value on completion?