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  1. #1
    Join Date
    Sep 2008
    Posts
    7,558

    Default state house building costs

    i quickly crunched the numbers from this story

    http://www.nzherald.co.nz/nz/news/ar...0556138&pnum=2

    to get the cost to build each new 4 to 5 bedroom state house

    * West and North Auckland (seven houses at a cost of $2.1m);
    $300,000 each

    * Central Auckland (three houses, $1.1m);
    $367,000 each

    * South Auckland (14 houses, $4.9m);
    $359,000 each

    * Waikato/ Coromandel/ King Country (six houses, $1.1m);
    $183,000 each i presume there is a mistake in the data supplied

    * Bay of Plenty (six houses, $1.6m);
    $267,000 each

    * East Cape/ Hawke's Bay (11 houses, $3.3m);
    $300,000 each

    * Wellington/ Hutt Valley (five houses, $1.5m);
    $300,000 each

    * Canterbury/ Nelson/ Marlborough (10 houses, $2.9m);
    $290,000

    * Southern (seven houses, $1.6m).
    $230,000 each

    would be interesting to approach one of the builders and ask for a similar deal for a similar house
    have you defeated them?
    your demons

  2. #2
    Join Date
    Sep 2008
    Posts
    7,558

    Default

    if the differences above are basically just land prices, (would the cheapest southland houses have better insulation and glazing???)

    how much do you think the gov is paying for just the house?
    have you defeated them?
    your demons

  3. #3
    Join Date
    Dec 2006
    Location
    Auckland
    Posts
    669

    Default

    or are these the actual building costs? I saw HNZ built houses for sale to investors last year at between $450-$485k... with a long term lease back to Housing NZ. Are they clipping the ticket with investors??
    two ears and just one mouth.. for good reason.

  4. #4
    Join Date
    Sep 2008
    Location
    Tauranga
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    1,518

    Default

    Won't include land cost. They will be infilling on some of their current housing. plenty of spaces.

  5. #5
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    Sep 2008
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    7,558

    Default

    Quote Originally Posted by Viking View Post
    Won't include land cost. They will be infilling on some of their current housing. plenty of spaces.
    wonder if they pay council for the $40k? subdivision costs
    have you defeated them?
    your demons

  6. #6
    Join Date
    Sep 2008
    Posts
    7,558

    Default

    and if those costs don't include land why would central auckland houses cost 50% more than southland houses

    $130,000 is a heck of a difference
    have you defeated them?
    your demons

  7. #7
    Join Date
    Sep 2008
    Posts
    7,558

    Default

    right you were viking, not the land

    Property

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    Housing NZ ready to go on Govt plan

    4:00AM Thursday Feb 12, 2009
    By Simon Collins


    Housing New Zealand says it expects work to start within the next month on building 69 state houses and renovating 10,000 others.
    The general manager of assets, Kevin Mara, says the new state houses all have plans ready or almost ready and are on Housing NZ land so they don't need resource consents.
    They still need building consents, but he says councils now have so few building applications to process that they are approving new buildings within 20 days.
    "A lot of councils are now turning them round faster than that," he said.
    "We are confident we can deliver [the 69 new houses] by June 30."
    The number of new houses in the Government's stimulus package is tiny - reversing less than 1 per cent of the decline of 7134 new dwelling permits granted in the country last year.
    But builders yesterday welcomed the immediate start, and a much bigger investment in upgrading existing state houses and schools.
    "It will help retain skills and keep people that are currently in the sector engaged, and depending on where it's spent and the timeframe, it may be able to attract those that have had to leave the sector because of falling consent numbers," said Master Builders Federation chief Warwick Quinn.


    Certified Builders Association president Richard Merrifield, speaking from a Nelson building site, urged Housing NZ to give the work to small local building firms, not just the big firms. "As soon as that money is with the builders, they're going to be spending with the merchants and it's a chain reaction that keeps everyone in work down the line," he said.
    The package includes $20 million for the 69 new houses in the current financial year and $104.5 million extra for upgrading existing houses in the 18 months to June 2010.
    New Housing Minister Phil Heatley criticised Housing NZ before the election for pouring its capital spending into new housing while accumulating a $2 billion backlog of maintenance and renovation work on its existing houses.
    His package redresses that balance by more than doubling the number of upgrades in the 18 months to June 2010 from 8300 to 18,300 - more than a quarter of all the country's 68,644 state houses.
    He has left unchanged a separate programme to retrofit insulation and other energy-saving changes into 13,000 state units by June 2010. Some of these will be the same houses that get the major upgrades.
    The total number of state houses fell under the last National Government from a peak of 70,234 in 1993 to a low of 59,462 in 2000 because of a policy allowing tenants to buy their houses.
    The Labour Government built the numbers back up by an average of about 1000 a year during the last nine years, but the expansion slowed to a net increase of only 516 in the year to last June because of the slump in private house building.
    National has promised to again give tenants the right to buy their state houses.

    http://www.nzherald.co.nz/property/n...ectid=10556298
    have you defeated them?
    your demons

  8. #8
    Join Date
    Jan 2008
    Location
    North Shore, Auckland
    Posts
    1,079

    Default

    Could be totally different house sizes within and between the regions.

    Average Invercargill beneficiary family headcount - prolly 3 or 4.

    Average for Southside Auckland - 2x more than IC easy,

    Did everyone forget the high birth rate in Auckland does not mainly originate in Remuera?
    Last edited by 67910241; 13-02-2009 at 07:31 PM.

  9. #9
    Join Date
    Aug 2005
    Location
    Auckland
    Posts
    236

    Default Bollocks

    The truth is

    We are in a recession -Building costs and subdivision costs are far in excess of valuations....DO not build

    From my experience building costs will not decrease to much, the suppliers will wait for the market to catch up and offer great incentives - hey . Build today and get a free holiday in Hawaii????

  10. #10
    Join Date
    Sep 2008
    Location
    Tauranga
    Posts
    1,518

    Default

    Question. Why is the Govt. building houses?
    Housing is an Achilles heel of Govt. why don't they encourage the population to provide for the needs?

    Was it 69 new houses? Well that will fill a big bucket given consent numbers have dropped as far they have.


 

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