Build or Buy
#1
Just Joined
Thread Starter
Joined: Jun 2007
Posts: 27
Build or Buy
i have been looking at property around the bay of plenty and although i find most propertys are a good price i have seen a lot of land for sale at good prices too.
can any one tell me what the planning regs are like and also building materials prices compared to uk prices thankyou
can any one tell me what the planning regs are like and also building materials prices compared to uk prices thankyou
#2
BE Forum Addict
Joined: Feb 2005
Location: Back in NZ & loving it - living in Orewa
Posts: 1,183
Re: Build or Buy
I don't know about materials, but the going rate for a fully-finished house built to order is around $1 per sq metre, according to the many adverts in the local papers. There are enough houses being built all the time, so planning can't be too much of a problem. We briefly considered building, but the total project time of around a year put us off - probably a good option if you're not rushing.
#3
Just Joined
Thread Starter
Joined: Jun 2007
Posts: 27
Re: Build or Buy
thanks for the reply i was planning on renting while the building work was done.
#4
Re: Build or Buy
Here in the South Island its about $1000 a square metre for a new build.
Everyone does it down here, you get what you want and it'll be worth more than you paid for it.
#5
Forum Regular
Joined: Aug 2006
Posts: 61
Re: Build or Buy
I thought the prices ranged from $1000 - $2000 a square metre.
There are lots of land and buid packages available where buiding companies own the land and then give you a choice of house you may want to build on it. They sort out all the necessary paperwork
There are lots of land and buid packages available where buiding companies own the land and then give you a choice of house you may want to build on it. They sort out all the necessary paperwork
#6
Banned
Joined: Jul 2006
Posts: 237
Re: Build or Buy
...cheap - $1200-$1400.....medium - $1650-$1850.....decent - $1900- $2300.........south island....all per m2
#9
BE Enthusiast
Joined: May 2006
Posts: 716
Re: Build or Buy
My builder cousin quoted me $1500 per square metre (including design, permits etc).
A section of land costs minimum of 120K NZD.
The total price of a house consists of the land price PLUS building/design price. The building/design price is more or less fixed, it is the land price that is increasing so much, all in a country the size of GB, but with a population of 4m, WHY ?
A section of land costs minimum of 120K NZD.
The total price of a house consists of the land price PLUS building/design price. The building/design price is more or less fixed, it is the land price that is increasing so much, all in a country the size of GB, but with a population of 4m, WHY ?
#10
BE Forum Addict
Joined: Feb 2005
Location: Back in NZ & loving it - living in Orewa
Posts: 1,183
Re: Build or Buy
I'll try to dig out some examples from the local rags but they seem to be around $250k for 200-250 sq m - but I guess as with everything there are lots of extras to consider.
#11
Joined: Jan 2007
Posts: 135
Re: Build or Buy
i have been looking at property around the bay of plenty and although i find most propertys are a good price i have seen a lot of land for sale at good prices too.
can any one tell me what the planning regs are like and also building materials prices compared to uk prices thankyou
can any one tell me what the planning regs are like and also building materials prices compared to uk prices thankyou
We've built using two of those companies. We did have minor problems with both, but they were sorted out quickly... and yes I would use either of them again.
Anyway, it's a starting point if you just want to make enquiries to help you make a decision.
(Hope this doesn't sound too much like an advert for any of them, it's not meant to.)
#12
Re: Build or Buy
If you are considering building and are not sure about the process, IMO the first place to start would be by talking to one of the building companies, like Golden Homes, Affordable Homes, GJ Gardiner among others. You will be able to see various plans and the costs involved, ask if they have their own sections around about that you could have a house and land package done on (as someone else has mentioned), they will advise on building regulations (which are fairly straight forward if you're thinking of building in an urban area), any covenants on sections (minimum size of house, materials you can use and the like). I'd also ask what isn't included in the price, rather than what is!!!
We've built using two of those companies. We did have minor problems with both, but they were sorted out quickly... and yes I would use either of them again.
Anyway, it's a starting point if you just want to make enquiries to help you make a decision.
(Hope this doesn't sound too much like an advert for any of them, it's not meant to.)
We've built using two of those companies. We did have minor problems with both, but they were sorted out quickly... and yes I would use either of them again.
Anyway, it's a starting point if you just want to make enquiries to help you make a decision.
(Hope this doesn't sound too much like an advert for any of them, it's not meant to.)
We've been vaguely interested in a co. called http://www.eehnz.com/
have you heard of them or know anyone who has used them?
I love their designs!
#13
Re: Build or Buy
If you are considering building and are not sure about the process, IMO the first place to start would be by talking to one of the building companies, like Golden Homes, Affordable Homes, GJ Gardiner among others. You will be able to see various plans and the costs involved, ask if they have their own sections around about that you could have a house and land package done on (as someone else has mentioned), they will advise on building regulations (which are fairly straight forward if you're thinking of building in an urban area), any covenants on sections (minimum size of house, materials you can use and the like). I'd also ask what isn't included in the price, rather than what is!!!
We've built using two of those companies. We did have minor problems with both, but they were sorted out quickly... and yes I would use either of them again.
Anyway, it's a starting point if you just want to make enquiries to help you make a decision.
(Hope this doesn't sound too much like an advert for any of them, it's not meant to.)
We've built using two of those companies. We did have minor problems with both, but they were sorted out quickly... and yes I would use either of them again.
Anyway, it's a starting point if you just want to make enquiries to help you make a decision.
(Hope this doesn't sound too much like an advert for any of them, it's not meant to.)
I've read so much about the condensation, heating and expensive electric bills - I guess you can do a fair bit to help yourself out later on by spending on energy efficient stuff.
#14
you dewty owld maan!
Joined: Oct 2005
Location: is practically perfect in every way
Posts: 5,565
Re: Build or Buy
No it's all helpful stuff!
We've been vaguely interested in a co. called http://www.eehnz.com/
have you heard of them or know anyone who has used them?
I love their designs!
We've been vaguely interested in a co. called http://www.eehnz.com/
have you heard of them or know anyone who has used them?
I love their designs!
doubt they are the "best windows in the world" though - would have to go a long way to beat our deKournic (sp) profiles/staddip (sp) silent [frame/SUDG] combination in the UK - the village window cleaner loved them so much he almost licked them clean each time he came......
Last edited by lardyl; Jul 2nd 2007 at 10:22 am.