{"id":2545,"date":"2014-07-29T21:14:42","date_gmt":"2014-07-29T21:14:42","guid":{"rendered":"http:\/\/isabelbarrosarchitects.ie\/blog\/?p=2545"},"modified":"2015-07-10T16:21:32","modified_gmt":"2015-07-10T16:21:32","slug":"building-costs-in-ireland-2014","status":"publish","type":"post","link":"https:\/\/isabelbarrosarchitects.ie\/blog\/building-costs-in-ireland-2014\/","title":{"rendered":"Building Costs in Ireland 2014"},"content":{"rendered":"

Every year we share useful information to guide you on the costs<\/a> for your construction project in Ireland. This will help you to estimate an approximate figure for your building costs.<\/p>\n

You can check our other articles in this series here<\/a>.<\/p>\n

The Irish construction industry is slowly recovering. Predictions mention an 8% increase in value of output during 2014.<\/p>\n

The Society of Chartered Surveyors Ireland<\/a>\u00a0 reported that Tender Prices have bottomed out and have begun to increase due to a rise in input costs and commodity prices (oil etc). SCSI also reported that Construction tender prices grew by 2.2% in the second half of 2013, up from 0.9% in the first half of the year. The annual increase for 2013 was 3.1% and there is an increasing awareness amongst contractors and sub-contractors of the true cost of carrying out work and a reluctance to price below this, which ensures that projects are priced at viable levels.<\/p>\n

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<\/a>Average Irish Construction Prices 2014<\/span><\/strong><\/p>\n

The average construction costs table is generated using Bruce Shaw\u2019s Cost Database and sets out typical building construction costs.<\/span><\/p>\n

(Click image to enlarge)<\/span><\/p>\n

\"Bruce<\/a><\/p>\n

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The building costs of 2013<\/a> are still a good starting point for your project.<\/p>\n

Turner & Townsend<\/a>‘s annual construction cost survey provides a comprehensive and detailed overview of construction costs in Ireland, in 2013.<\/p>\n

(Click image to enlarge)<\/span><\/p>\n

\"Turner<\/a><\/p>\n

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<\/a>Labour rates and Construction Materials Prices<\/span><\/strong><\/p>\n

Turner & Townsend<\/a>‘s annual construction cost survey provides labour costs and also the prices for some materials. Note the cost escalation forecast of 2%.<\/p>\n

(Click image to enlarge)<\/span><\/p>\n

\"Turner<\/a><\/p>\n

In June 2014 CSO recorded<\/a> that all building and construction materials prices increased by 1.3% <\/strong>in the year since June 2013.<\/p>\n

The most notable yearly changes were increases in Sand and gravel (+33.6%), Hardwood (+14.5%) and Stone (+5.7%), while there were decreases in Fabricated metal (-3.4%), Other Structural steel (-1.8%) and Reinforcing metal (-1.5%).<\/p>\n

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<\/a>Guide to Rebuilding Costs in Ireland<\/span><\/strong><\/p>\n

The Society of Chartered Surveyors<\/a> publishes every year a guide to rebuilding costs in Ireland. This guide is intended to assist in insuring a house and the costs included are based on building rates as of March 2014.<\/p>\n

(Click image to enlarge)<\/p>\n

\"SCSI<\/a><\/p>\n

SCSI also provides a House Rebuilding Cost Calculator here<\/a>, and a Home Renovation Incentive Scheme Calculator here<\/a>. You can read more about this Incentive Scheme here<\/a>.<\/p>\n

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<\/a>Other Resources<\/span><\/strong><\/p>\n

Paul McNally Ecological Architecture<\/a> in Cork has developed a very detailed and user friendly cost estimator for new build houses. Grab all the information you can and get your estimate here<\/a>.<\/p>\n

\"New_Build_House_Budget_estimator_Paul_McNally_Ecological_Architecture_MRIAI_-_2014-07-29_22.11.43\"<\/a><\/p>\n

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<\/a>Typical Exclusions<\/span><\/strong><\/p>\n

There are a number of other expenses that you should also consider when estimating your project. See some of the exclusions that may apply to your project here<\/a>.<\/p>\n

Additionally, with the newly amended Building Control Regulations<\/a>, you are also likely to need to allow for:<\/p>\n