On air now

Cost Of Building Houses Is Hig...

Cost Of Building Houses Is Higher Than Buying Them

98FM

Share this article


The cost for building a 3 bedroom semi-detached house in Dublin is €45,000 higher than the price the house will sell for.

Medikids published a report today which showed that construction counts for about 45% of the cost of the actual build, with VAT and taxes, known as soft costs, making up the rest of the cost.

When compared to the average price of similar houses, it also shows how most housing construction makes a loss.

It takes about €330,000 to build a house in the greater Dublin area. €150,000 goes on hard costs, which is the actual construction of the building.

The research also found that most working families can only afford houses coming in under €300,000.

Michael Mahon of the MediKids said “The country is experiencing a chronic housing shortage which is contributing significantly to the current homelessness crisis. The findings of this report highlight a number of pressing issues, particularly on the soft cost side.”


Share this article


Read more about


You might like

Dublin Man Arrested By Syrian...

Dublin Named Fourth Most Expen...

Fines For Landlords Who Break...

Rickshaw Driver Who Raped Woma...
также читайте

medicaments-24.com/viagra-sildenafil/viagra-150-mg/

Купить диплом в Йошкар-Ола

Live: Title

Description

Added to queue
Removed from queue

On Air

Share

Share

Next up on queue

Title
Description
Duration

There are currently no podcasts in the queue

Go to podcasts

On Air

The Sound of the City with Bar...

The Sound of the City with Barry Dunne

12:00-16:00

Share

Up next

The Big Ride Home with Dara Qu...

The Big Ride Home with Dara Quilty

16:00-19:00

Share

The Fix with Brian Maher

The Fix with Brian Maher

19:00-22:00

Share

The Sound of the City at Night...

The Sound of the City at Night with Ciaran O'Connor

22:00-00:00

Share

The Sound of the City at Night

The Sound of the City at Night

00:00-06:00

Share

98FM'S Big Breakfast with Coop...

98FM'S Big Breakfast with Cooper & Luke

06:00-10:00

Share

Dublin Talks with Adrian & Jer...

Dublin Talks with Adrian & Jeremy

10:00-12:00

Share

The Sound of the City with Bar...

The Sound of the City with Barry Dunne

12:00-16:00

Share

00:00:00 / 00:00:00

Share on