All Topics / General Property / Depreciation & Construction Cost

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  • Profile photo of brisbaneJoshbrisbaneJosh
    Participant
    @brisbanejosh
    Join Date: 2010
    Post Count: 13
    July 9, 2010 - 6:29 am

    Hi everyone,

    Just doing some prelim calculations on cashflows (after tax) for assessing investment opportunities.  I just wondered whether anyone used a formula or website for calculating what the average construction cost would be for a house/townhouse/unit?  I understand the depreciation rates side of things but am only guessing on what a construction cost would be at present.  Again I appreciate that construction costs have increased substantilally over the years so the construction cost is very much dependent on the age of the property.  Would anyone be able to shed some light on how they go about getting an approximate figure?

    And thanks everyone for all your advice!

    Josh

    Profile photo of itsandrewitsandrew
    Participant
    @itsandrew
    Join Date: 2007
    Post Count: 294
    July 9, 2010 - 7:34 am

    Hi Josh,

    Check out this thread.  https://www.propertyinvesting.com/forums/property-investing/value-adding/4332532

    Hope it helps.

    Regards,

    Andrew

    itsandrew

    Go as far as you can see and you will see further.

Viewing 2 posts - 1 through 2 (of 2 total)

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