Hey builders, it’s been a busy year for us at the quantity surveying business, and we’ve been keeping an eye on where the building industry is at in New Zealand. From the 250 job estimates we’ve sent out so far this year, we’ve completed over 175 jobs and have noticed some interesting trends in terms of where the demand for building work is coming from.
Wellington is still chugging along with a lot of new build developments, mostly townhouses. We reckon this is because the city’s population is growing fast and there’s heaps of demand for affordable housing. Still busy and we cant see any signs of a slow down just yet.
In Auckland, things are going nuts with renovation and alteration work. It’s not surprising given that it’s the biggest city in New Zealand and house prices are going up like crazy. Lots of people are choosing to renovate their existing homes instead of buying new ones, which is keeping us busy with cost estimates and quantity surveying services.
Over in Christchurch, there’s still a lot of renovation work going on from the earthquakes a few years back. But there’s also new build projects popping up, especially in the outer suburbs where there’s a need for more housing options.
Overall, the New Zealand building industry is looking pretty healthy this year. We know there are some supply chain disruptions and rising material costs to deal with, but the demand for building work is still strong in many regions across the country.
As builders, you’re doing great work out there, and we’re committed to providing you with high-quality cost estimates and quantity surveying services to help you get the job done right. Keep on building!
Builders, we recently priced a 35m2 extension in Wellington and the cost came in over $240,500. The square meter rate for building work is now around $6500 per m2, which is a significant increase from just a few years ago when it was around $3500.
We understand that these higher costs may be a bit of a surprise for homeowners who are looking to renovate or extend their homes. But, as you know, building costs are influenced by a number of factors, including rising material costs, the demand for skilled tradespeople, and the need to comply with increasingly strict building codes and regulations.
Despite the higher costs, we’ve noticed that many homeowners are still finding ways to afford these renovations. Some may choose to take out a loan or mortgage to finance the work, while others may save up over a longer period of time. Some homeowners may also choose to renovate their homes as a way of increasing their property value, which can be a smart long-term investment.
As builders, it’s important to keep in mind that these higher costs are affecting homeowners and may impact the number of projects coming our way. However, we can continue to provide high-quality building services, communicate clearly with our clients about pricing and budget, and work efficiently to deliver projects on time and on budget.
Together, we can help homeowners achieve their renovation and extension goals, while also ensuring that we’re building sustainable and safe structures that will stand the test of time.
So, let’s keep the work we have and do it to the best of our abilities. Who knows how long clients will be able to keep up this kind of spending, so let’s make sure we’re building lasting relationships with our clients and providing the highest quality building services possible.
Update at Rapid QS
Hey guys, just wanted to let you know what’s been going down at RapidQS lately. We’ve got not one, not two, but THREE X builders now working with us to help with pricing work.
These guys know the building game inside out and they’re all about making the pricing process as easy and hassle-free as possible.
We’re all about keeping our reports builder-friendly and jargon-free so you don’t have to waste time deciphering some crazy language. We want to save you time AND money, because who doesn’t love that?
David runs the show and wants to purely stay and focus on marketing and sales.
Mario is the man delegating all the leads / delegating jobs / making sure damage control is under control and anything that goes wrong we sort quick smart.
And then we’ve got Matt, Tom and Raynar, who are the experts in commercial QS work. They help us out around 15-25 hours a week and are absolute legends at what they do.
So, next time you need some pricing work done, hit us up. We’ve got the skills, the experience, and the know-how to get the job done right, and we’ll make sure you’re left with a report that’s easy to understand and won’t leave you scratching your head in confusion.
CHEERS GUYS HAPPY READING