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Taken from this twitter post from a laneway housing builder in Vancouver:
"In 2010 we built the first lane house in Vancouver for ~$220k (700sf). This included all cost for design / permits / all construction."
"Accounting for inflation that 220k would be about 300k today. Accounting for the higher end specs and features we do as standard today, it would bump up to 350k. In 2024 the "all in" cost is ~$600k (design permits construction)"
"Permit fees for a LWH in 2010 were about $18k (if I remember). Today its about $40k."
"As for features...
Today's homes have these features we didn't include in 2010:
- higher spec windows/doors ( 20k)
- HRV ventilation ( 6k)
- heat pump AC ( 6k)
- better air tightness ( 2k)
- heat pump hot water ( 4k)
- Induction cooktop ( 1k)
with tax and builders fee: ~50k"
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- 4 months ago
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