The average costs for the range of differently sized social housing units in terms of both construction costs and ‘all-in’ costs are set out in the following table. These are based on the analysis of returned data from tendered social housing schemes over an extended period. Construction cost is reflective of building costs (including VAT) and also includes normal site works and site development. All-in cost includes cost of construction, land cost, professional fees, utility connections, site investigations/surveys, archaeology where appropriate, VAT and contribution to public art. Abnormal costs are excluded from these figures.
|
1 bed
|
2 bed (1 storey)
|
2 bed (2 storey)
|
3 bed
|
4 bed
|
Construction
|
€137,709
|
€143,371
|
€151,376
|
€160,521
|
€169,682
|
All-in
|
€175,271
|
€181,771
|
€190,456
|
€200,726
|
€211,062
|
My Department will continue to maintain a clear focus on delivering overall value for money on both the construction and all-in costs of social housing projects.