Wednesday, November 18, 2015

Disrupting the status quo in construction, extension and renovations

A lot of builders, home owners and property investors talk about the cost to build a house in terms of dollars per square meter. The way this is calculated is by taking the total cost of the build and dividing it by the total floorspace of the home (not the land).

I am personally not a massive fan of these calculations as the cost per square foot/meter for a kitchen or bathroom is going to cost a lot more than the cost per square foot/meter for an empty room.

Thus your calculations can quickly become inaccurate if you are creating a large kitchen or bathroom space in the home.

None the less it is an important measurement so here is a rough estimate of cost per square metre different types of houses may cost you.
  • Project Homes (basic) – $620-$780/square metre
  • Project Home (deluxe) – $1,000 – $3,000/square metre
  • Custom Built Homes – $1,500 – $3,000/square metre
  • Deluxe Customer Built Homes – $2,500 – $4,000+/square metre

Extra Costs You Need To Take Into AccountThere are also some extra costs you need to take into account which could end up costing you a significant amount of money. It is difficult to estimate the costs without knowing anything about your land or your build. 

PM4Reno is disrupting the status quo, and offering FREE project cost assessment and contract reviewFor more information, please 'click to visit PM4Reno'  (

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