I have a Queenslander in inner Brisbane that I am looking to raise and build under. I know it's probably a bit like asking how long is a piece of string but has anyone done this recently and could you give me any ideas of what a standard raise might cost? We are looking to convert a 2 bedroom 1 bath Queenslander into a 4 bedroom/2 bath/study/garage/deck house. It is currently about 84sqm and is stuck in the 1930s so a refit of the existing layout is also needed, as well as the house raise and build under + extension. I've had a quote from a builder that came in at around $790K and I was pretty shocked. Would it really cost that much?? Unfortunately we can't demolish and rebuild as we are in a DCP area so renovating is our only option.
Having no idea on the costs for something like this I am keen to hear from anyone who has done this sort of big project recently. I've found old threads on this topic but nothing recent that I could use as a guide.
Can anyone help? Is this a fairly accurate estimate or should I continue to search for a cheaper builder??