Dáil Éireann Debate, Wednesday - 14 September 2011
596 Deputy Richard Boyd Barrett asked the Minister for the Environment, Community and Local Government if he will outline the average cost of building a new social home, based on the most recent builds by local authorities in the post property slump period, and taking into account the fall in building costs in recent times. [24246/11]
Amharc ar fhreagraBased on the tender costs received in my Department, the current average unit cost is now in the order of €125,000, approximately 21% lower than was the case at the height of the boom. Given that there have been a limited number of construction tenders in the recent past, the sample used is very small and the results therefore need to be interpreted with caution.
This figure does not include additional costs such as design team fees, public utility charges or site costs which add on average 15% to the construction costs. Site costs are not included as these may vary significantly, depending on whether the land used was already in the possession of the local authority, or if and when it was purchased by the local authority.
