Browse Forums Building A New House 1 Jun 26, 2021 6:46 pm I know build prices have gone up, but I'm just trying to work out what is reasonable. Late last year we were told by a builder that a 300 sqm house at a given standard would cost us $1500 per square metre. A couple of days ago we got pricing for a build from the same builder and it's over 16% higher than this (and probably not at the same standard). I'm wondering if this is reasonable - I've seen everything from average build cost rising 2% to 20%. I was expecting around 10% and that's $20k I really don't want to spend given we're already over $100k over our original budget even before the build contract. I'm thinking of going back to the drawing board and designing with an independent designer then getting multiple costings, but I don't want to do this if it's going to cost me the same and burn up another 3 months or so (which it probably will, but at least I'll know I'm not getting screwed). Re: Build cost increases - Brisbane 2Jun 27, 2021 10:27 am BlazedSpaniel I'm thinking of going back to the drawing board and designing with an independent designer then getting multiple costings, but I don't want to do this if it's going to cost me the same and burn up another 3 months or so (which it probably will, but at least I'll know I'm not getting screwed). There is no competitive pricing on Builders copyright plans They'll advertise you are getting value with the free Designer kitchen and upgrades, etc. But, when you start checking into the costs and comparing you'll realise there's no shopping around and no discounts once you have signed up and handed over a deposit. In regards to owning your own plans with specific inclusions, you are only going half the journey Most designers fail to deliver on engineering, that's left to the builder to sort out and that's when the real price hikes kick in. If you choose to go down the complete design and engineering path before you source out 3 builder to quote make sure you have all the Bim data, estimates and quantities for comparison. when signs present that they are all Clipping The Ticket ( ie, Salesman, designer, Interior Consultants, Suppliers, tradesman, Builder, etc) and you are being suckered... walk out the door Internet analysis shows $1500/m2 is a fair price.... now it depends on what you are getting for that, you need to control the Design and Engineering, etc Make sure everyone knows the end Game, if they don't want to play fair then give them a miss Cheers Chris Designer,Engineer (Civil,Const & Envir),Builder,Concrete & Masonry Contract.Struct Repairs Re: Build cost increases - Brisbane 3Jun 28, 2021 10:08 am Well, $1500 seemed reasonable, but $1750 seems high. I had expected $1660 at most. With regards to engineering etc, it should be a fixed price when contract is signed but the current contains ps/pc which of course only go one way. I guess I'll go talk to a couple of independent designers. I expect the $15k or so for design/engineering/specifications is less than what I'm getting charged and I'll probably get a better result. Re: Build cost increases - Brisbane 4Jun 28, 2021 12:20 pm BlazedSpaniel Well, $1500 seemed reasonable, but $1750 seems high. I had expected $1660 at most. When comparing 3 Builders differing floor plans Do not solely base your estimate on Dollars/m2 You will need to factor in other components of the build, ie. cavity walls ,internal wall, wet areas, etc Here same House Area Total 232m2 differing cavity wall perimeters how can these 3 Houses possibly Cost the same with differing perimeters? BTW if all 3 house cost the same? Then you are getting better value with House 3 Like ⋅ Add a comment ⋅ Pin to Ideaboard ⋅ BlazedSpaniel With regards to engineering etc, it should be a fixed price when contract is signed but the current contains ps/pc which of course only go one way. Of course it goes up if you have no idea of what's involved On difficult Builds always get engineering advice upfront...salesman are allowed to make mistakes...engineering isn't their job BlazedSpaniel I guess I'll go talk to a couple of independent designers. I expect the $15k or so for design/engineering/specifications is less than what I'm getting charged and I'll probably get a better result. Shop around and make sure the engineering, data and quants are included in the price, then do a proper comparison. Cheers Chris Designer,Engineer (Civil,Const & Envir),Builder,Concrete & Masonry Contract.Struct Repairs Re: Build cost increases - Brisbane 6Jun 30, 2021 10:35 pm I don't know how much of an impact and how true it is but it seems like there is a shortage of supply of timber and steel. I was told that it is impacting the building business and the price increase has been significant. Re: Build cost increases - Brisbane 7Aug 06, 2021 2:48 pm All are commenting on delays. Some of the bigger spec builders have LOTS slabs poured but no timber steel frames we heard from a few sources. The ACCC has been inundated with complaints of price surges and if their contract holds prices or not. Re: Build cost increases - Brisbane 8Aug 06, 2021 5:47 pm Yeah, I know the prices have risen and there's a lot of delays, but there's a lot of different sources giving different numbers. MBQld says around 10% (https://www.mbqld.com.au/__data/assets/ ... ch2021.pdf) but that's from March and it only appears to have gotten worse. The June release (https://www.mbqld.com.au/__data/assets/ ... ne2021.pdf) doesn't have any contract prices. Meanwhile the ABS puts build price increases at a negative, or about 2.2% excluding the effects of homebuilder... I would like them to stop hogging the joint... Re: Build cost increases - Brisbane 10Aug 07, 2021 11:01 am Ha the builders lobby group can put out whatever graphics they want to justify increasing their prices If the slabs down they are breaking the fixed price contract in withholding services while demanding additional costs, and if they go bankrupt they can join all the others Tough love Designer,Engineer (Civil,Const & Envir),Builder,Concrete & Masonry Contract.Struct Repairs Re: Build cost increases - Brisbane 11May 09, 2022 6:37 pm We get asked almost every day if a builder can increase the price of a fixed-price building contract. In most cases the answer is “no”. But there are a few exceptions. In most cases, unless your building contract allows for it, a builder may not pass on material and labour price increases to the owner in a fixed-price building contract. We have an article here which answers the question - https://stonegatelegal.com.au/price-inc ... racts-qld/ Re: Build cost increases - Brisbane 12May 09, 2022 7:03 pm Stonegate Legal We get asked almost every day if a builder can increase the price of a fixed-price building contract. In most cases the answer is “no”. But there are a few exceptions. In most cases, unless your building contract allows for it, a builder may not pass on material and labour price increases to the owner in a fixed-price building contract. We have an article here which answers the question - https://stonegatelegal.com.au/price-inc ... racts-qld/ This is a really tough issue, as whilst I agree in practice they can't & shouldn't put the price up, this needs to be weighed against the cost of trying to find another builder to finish the project once the first builder has gone broke. There is no easy answer to this one as there is nothing worse than having your builder go into liquidation halfway through a job and then trying to find someone else to finish it, and off course all of the legal fees and downtime. No easy black and white answer unfortunately cheers Simeon Architectural Homes & Duplexes - specialising in custom designing homes to your budget Get a Free Onsite Consultation Today or send a PM for information, questions or advice. Give "Holt Surveying" they are based around Eight Mile Plains 3 8740 The last home I lived in didn't have a pool and when i went to sell it the agents were not happy, even telling me to put one in to sell the place. The agents weren't happy… 2 4239 Hello Josh, This is Irving from PRIMA, we are a manufacturer of the staircase, railings, kitchen cabinets, windows, doors from China. If you have requirement to purchase… 0 5457 |