Dáil Éireann Debate, Wednesday - 17 May 2023
134. Deputy Richard Boyd Barrett asked the Minister for Housing, Local Government and Heritage the estimated cost of 100% redress for buildings defects redress-affected homes; and if he will make a statement on the matter. [23510/23]
View answerIn its report published in July 2022, the Working Group I established to examine defects in housing estimated that the overall total cost of remediating fire safety, structural safety and water ingress defects in purpose-built apartments and duplexes built between 1991 and 2013 is likely to be within the range of €1.56 to €2.5 billion.
The Working Group estimated that the average cost of undertaking the remediation of fire safety, structural safety and water ingress defects in purpose-built apartments/duplexes constructed between 1991 and 2013 is likely to be in the region of €25,000 per apartment/duplex. These represent all-in costs, including professional fees and Value Added Tax (VAT). The Working Group noted that the actual cost of remediation will vary greatly between different developments and types of apartment/duplexes and depending on the various types or combinations of defects that may be encountered.
