Estimated building costs
Estimated building costs data
The Ministry of Business, Innovation and Employment no longer provides data on estimated values for building work. This information was previously provided for the sole purpose of assisting territorial authorities to arrive at realistic estimated values when the job value provided with a building consent application was questioned.
If you require estimates of building costs for building work or building consent applications, publications such as the quarterly journal published by the New Zealand Building Economist (www.becon.co.nz) might be of use. Please note that at the time of this update this journal is the only publication providing this information that we are aware of. It is referenced for assistance only and without endorsement or warranty from the Ministry.
Members of the public seeking information on building costs for building consent applications should contact a quantity surveyor or similar consultant. Assessments by a qualified professional are also required to calculate a full insurance valuation.