Constructing a house is both thrilling and overwhelming. A significant worry for many is the expense involved. In this piece, we delve into the expenses associated with building a house in Ireland during 2024.
We’ll examine various elements impacting costs, delve into the average expense per square meter, and explore the array of house types viable for construction.
Upon concluding this article, you’ll possess a clear understanding of the financial implications entailed in realizing your ideal home in Ireland.
Before we go through the factors, let’s answer how it costs to build a house in Ireland
To give you a ballpark on how much it cost to build a house in Ireland is €2,350 per square meter (€218 per square foot).
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Factors that affect the cost of building a house
Before we dive into the cost of building a house in Ireland, it’s essential to understand the factors affecting the overall cost. Here are some of the factors that can affect the cost of building a house in Ireland:
Location
The location of your property is a significant factor that affects the cost of building a house. The cost of building a house can vary depending on the property’s location. For example, building a house in Dublin can be more expensive than building a house in a rural area.
Size of the house
The house size you want to build is another factor affecting the overall cost. A larger house will require more materials and labour, making it more expensive to build than a smaller house.
Type of house
The type of house you want to build can also affect the cost. A single-story house will be less expensive than a two-story house. Similarly, a bungalow will be less expensive than a detached house.
Complexity of the design
The complexity of the design is also a factor that affects the cost of building a house. A more complicated design will require more time and labour, making it more expensive.
Building materials
The type of building materials you choose can also affect the house’s cost. High-end materials will cost more than standard materials, increasing the project’s overall cost.
Average cost per square meter
The cost of building a house in Ireland can vary depending on the location and the type of house. According to a survey conducted by the Society of Chartered Surveyors Ireland (SCSI) in 2021, the average cost per square meter to build a house in Ireland is €1,813. However, this cost can vary significantly depending on the abovementioned factors.
Types of houses and their costs
You can build different types of houses in Ireland, each with its own costs. Here are some of the most common types of houses and their estimated costs:
Detached house
A detached house is a standalone house with no shared walls. The estimated cost of building a detached house in Ireland is between €1,500 and €2,500 per square meter.
Semi-detached house
A semi-detached house shares a wall with another house. The estimated cost of building a semi-detached house in Ireland is between €1,200 and €1,800 per square meter.
Bungalow
A bungalow is a single-story house. The estimated cost of building a bungalow in Ireland is between €1,200 and €1,800 per square meter.
Two-story house
A two-story house has two floors. The estimated cost of building a two-story house in Ireland is between €1,500 and €2,500 per square meter.
Cost breakdown
To give you a better idea of the cost of building a house in Ireland, let’s break down the costs for a 150-square-meter detached house:
Site cost
The site cost will depend on the location and size of the site. The estimated site cost is €30,000.
Foundation cost
The foundation cost will depend on the type of foundation you choose , as well as the complexity of the design. The estimated foundation cost for a 150-square-meter detached house is €15,000.
Structural cost
The structural cost includes the house’s frame, roof, and walls. The estimated structural cost for a 150-square-meter detached house is €60,000.
Internal work cost
The internal work cost includes plumbing, electrical, heating, and insulation work. The estimated internal work cost for a 150-square-meter detached house is €35,000.
Finishing cost
The finishing cost includes flooring, painting, tiling, and decorating work. The estimated finishing cost for a 150-square-meter detached house is €25,000.
Contingency cost
The contingency cost includes unexpected expenses that may arise during the building process. It’s always a good idea to set aside some money for contingencies. The estimated contingency cost for a 150-square-meter detached house is €15,000.
Additional costs to consider
Apart from the costs we have discussed so far, there are other costs you need to consider when building a house in Ireland. These costs include:
Planning permission fees
Before you can start building your house, you will need to obtain planning permission from your local authority. Planning permission fees can range from €65 to €1,000, depending on the type of development and location.
Building control fees
Building control fees are paid to your local authority to ensure that your house meets building regulations. Building control fees can range from €2,000 to €4,000, depending on the size and complexity of the project.
VAT
VAT is charged on all building materials and labour. The standard rate of VAT in Ireland is 23%.
Conclusion
Building a house in Ireland can be an exciting but expensive venture. The cost of building a house in Ireland can vary depending on various factors such as location, size, type of house, complexity of the design, and building materials. The average cost per square meter to build a house in Ireland is €1,813, but this can vary significantly depending on our discussed factors. When building a house, it’s essential to consider all the costs involved and set aside some money for contingencies.
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FAQs
Is it cheaper to buy or build a house in Ireland?
Building a house in Ireland can be more expensive than buying an existing house. However, building a house allows you to customise it to your needs and preferences.
What is the External Wall Insulation Cost?
On average, it ranges from €8,000 to €22,000. Check out our guide below;
Can I get a mortgage to build a house in Ireland?
Yes, you can get a mortgage to build a house in Ireland. However, the amount you can borrow may depend on various factors such as your income and credit score.
How long does it take to build a house in Ireland?
The time it takes to build a house in Ireland can vary depending on various factors such as the size and complexity of the project. It can take anywhere from six months to a year or more.
Can I build a house without planning permission in Ireland?
No, you cannot build a house without planning permission in Ireland. You must obtain planning permission from your local authority before you can start building.
Do I need to hire an architect to build a house in Ireland?
Hiring an architect to build a house in Ireland is not mandatory, but it’s highly recommended. An architect can help you with the design, planning permission, and construction of your house.
How Much Does Cvaity Wall Cost?
The cost of this type of insulation ranges from €8.50 to €13 per m2. Check out our guide below;
Do I need to pay stamp duty when building a house in Ireland?
Yes, you may need to pay stamp duty when building a house in Ireland, depending on various factors such as the land’s value and the construction cost.
Are there any grants available for building a house in Ireland?
Several grants are available for building a house in Ireland, such as the Help to Buy scheme and the Housing Adaptation Grant.
What should I consider when choosing a builder for my house?
When choosing a builder for your house, it’s essential to do your research, check their references, and ask for a detailed quote. It’s also important to communicate clearly and regularly throughout the building process.
