{"id":3206,"date":"2016-08-25T17:30:18","date_gmt":"2016-08-25T17:30:18","guid":{"rendered":"http:\/\/isabelbarrosarchitects.ie\/blog\/?p=3206"},"modified":"2019-09-02T08:55:05","modified_gmt":"2019-09-02T08:55:05","slug":"building-costs-in-ireland-2016","status":"publish","type":"post","link":"https:\/\/isabelbarrosarchitects.ie\/blog\/building-costs-in-ireland-2016\/","title":{"rendered":"Building Costs in Ireland 2016"},"content":{"rendered":"

THIS ARTICLE IS OUTDATED<\/span> – Click here<\/a> for our most recent post about Construction Costs in Ireland (2019).<\/p>\n

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

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

Following the difficult years of the global financial crisis Ireland is now the fastest-growing economy in the EU. Overall construction output in 2016 is expected to improve by 2.6%<\/a>.<\/p>\n

Demand for construction activity continues to rise but the industry will continue to face resourcing challenges to meet demand.<\/p>\n

Average Irish Construction Prices 2016<\/span><\/strong><\/p>\n

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

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Average Irish Construction Costs 2016. Source: Bruce Shaw<\/p><\/div>\n

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Turner & Townsend<\/a>‘s annual construction cost survey provides a comprehensive and detailed overview of construction costs in Ireland, in 2016.<\/p>\n

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International building costs per m2 of internal area, in 2016. Source: Turner & Townsend<\/p><\/div>\n

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. Their cost escalation forecast for 2016-2017 is 6%.<\/p>\n

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Labour and Materials Prices, 2016. Source: Turner & Townsend<\/p><\/div>\n

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The latest monthly data from\u00a0CSO <\/a>recorded that all materials prices increased by 1.1% <\/strong>in the year since July 2015.<\/p>\n

The most notable yearly changes were increases in Sand and gravel (+11.0%), Stone (+8.3%) and Fabricated metal (+7.4%), while there were decreases in Copper pipes and fittings (-4.2%), Glass (-4.1%) and Ready mixed mortar and concrete (-2.0%).<\/p>\n

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 June 2016.<\/p>\n

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Table of Rebuilding Costs June 2016. Source: Society of Chartered Surveyors.<\/p><\/div>\n

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SCSI also provides a House Rebuilding Cost Calculator here<\/a>. This calculator can be used as a guide to give you a minimum base cost for your construction project.<\/p>\n

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

Architect’s fees will vary based on a number of factors ranging from size and\u00a0complexity to level of the service required. These two articles provide some guidelines:<\/p>\n