The cost of building in NZ

Share this article...

One of NZ’s award-winning architects has kindly put together a table of rough costs for you to use as an initial budgeting tool, which you’ll find below…

Be aware, however, that every building project is different so no one will be able to give you an ‘accurate ballpark’ figure without your plans being on hand. The more accurate you want, the more work and detail you need to put in, including a schedule of products to be used.

One thing we can confidently say is that your project is likely to cost you more than you expect. Materials costs have risen up to 25% over each of the past five years and the shortage of skilled tradespeople means those costs have increased, too.

There are online tools available, but the single most accurate way to estimate a price is to take your design to a Quantity Surveyor and pay them to cost your build. Any tool (please find a list below) is only as accurate as the detail and time you put in.

As building activity increases, so too do material costs. Regulations change. Builders’ rates change as demand goes up. Countering that are modern construction techniques. Group home builders will generally be cheaper for one of their standard plans, but you can be quite restricted in the options you can choose. Architects are more expensive but the value of what you get back is immense and ongoing and usually worth it – an architectural draughtsman will usually give you what you ask for, an architect will give you a lot more., but you may well find that what you want is a lot more than what you initially expected to pay.

Print Friendly, PDF & Email
Share this article...