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  1. #1

    Default Is it cheaper to build up than out?

    I'm just curious - as a basic principle - is it cheaper to add new space to your house by adding a second storey (or story as some say) or build out? In my case, I have enough land available to go out as well..! But I could get 2 brms instead of 1 if I go up (depending on the cost of course)!


  2. #2
    Join Date
    Jan 2004
    Location
    Whangarei
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    5,263

  3. #3
    Join Date
    Sep 2004
    Location
    Central Otago, ChCh, AKL
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    2,013

    Default

    It's more expensive to go up words the extending on ground level.
    You will have added cost of scaffolding and possibly extra say $300-$500 per m2 on build.
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  4. #4
    Join Date
    Feb 2013
    Location
    Auckland
    Posts
    25

    Default

    Guys you have to remember that if you go up you are likey to have to put in extra piles or increase your foundations to take the extra load. Also by extending out you can still live in the property, if you go up very unlikely so you need to add temporary accommodation costs.

    Cheers

  5. #5
    Join Date
    Jul 2010
    Location
    Auckland City, why invest else where?
    Posts
    987

    Default

    Going up means you need to strengthen your ceiling, beams, structural walsl etc, as the ceiling of a single level dwelling is never designed to take the live & dead loads of liveable areas.


    Building out has none of these problems, hence I think usually it's cheaper. Also less scaffolding involved (scaffolding hire can be expensive the longer you rent it).
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  6. #6
    Join Date
    Sep 2008
    Posts
    4,646

    Default

    when land is cheap

    people build out, everything is soooo much easiser to access, repair etc. heck foundations can be just a few wooden posts in holes

    going up means steel reinforced concrete foundations, vertical plumbing, elec etc.

    and i hear it's now illegal to ask a worker to spend more than 5 minutes on a ladder

    so health and safety, cherry-pickers, complete scaffolding etc etc etc

    it's the price you pay for living where LOTS of other people want to live
    people keep trying to rewrite the world as themselves

    like that'll work...

  7. #7
    Join Date
    Sep 2011
    Location
    Dunedin
    Posts
    938

    Default

    i built up, didnt have to move out, didnt have to strengthen foundations didnt cost the earth

  8. #8
    Join Date
    Sep 2003
    Location
    High up above and deep down under
    Posts
    10,801

    Default

    What did you use Jim.....a skyhook?
    "There's one way to find out if a man is honest-ask him. If he says 'yes,' you know he is a crook." Groucho Marx

  9. #9
    Join Date
    Mar 2007
    Location
    Auckland
    Posts
    1,831

    Default

    Quote Originally Posted by muppet View Post
    What did you use Jim.....a skyhook?
    Couldn't have done that.
    There are none in the country

    http://en.wikipedia.org/wiki/Cessna_CH-1

  10. #10

    Default

    I am also a bit conscious that having a bit more empty space for lawns/garden could possibly increase the property valuation by that much more and thus compensate the extra costs in going up. But is this all hoping against hope, I can't be sure!


 

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