Average cost of rebuilding mica-affected homes €150k - €421k, says report

Homeowners affected by the crumbling blocks have waged a long campaign for redress, and this report is the next step ahead of Government legislation to administer the scheme expected next month. Picture: Eamonn Farrell/RollingNews.ie

The average cost of demolishing and rebuilding a home on the Defective Blocks Scheme would range between €150,000 to €421,000, an independent report has said.

The report from the Society of Chartered Surveyors Ireland [SCSI] has said that the cost of demolishing and rebuilding Mica-affected homes would be around €145-164 per square foot when based on February 2022 prices.