Latitude 37 Project Investment Guide
Project investment guide
Understand the likely construction range before the first conversation
A calm guide to the likely build component, the allowances worth discussing, and the items that sit outside this early range.
Your project pathway
What kind of project are you considering?
The right pathway depends on the site, the existing home, the brief and the level of resolution required.
Scale and setting
What scale should we allow for?
Choose the closest size and setting. The guide will refine as the project becomes more defined.
Project scale
Most Latitude 37 projects sit at this scale or above.
Project setting
Site, scope and fitout
What should shape the construction range?
Site complexity, project scope and fitout quality are separate inputs. Each one now independently influences the construction range.
Site complexity
Slope, access, overlays, engineering and site constraints.
Project scope
The level of design resolution, structural work and overall scope.
Fitout quality
Fixtures, finishes, detailing, joinery and level of tailoring.
Base fitout rates are then adjusted by separate site and scope multipliers, so each selection is reflected in the construction range.
Your guide
Clarity before commitment.
The construction range is shown first. Allowances, exclusions and timing effects are separated so the result is clear.
Estimated construction range
$2.67M – $3.21M
This is the likely build component only, based on scale, site complexity, scope and fitout quality. It is not a full project cost or final quote.
Additional costs included
$66k – $200k
This subtotal is added to the construction range. The included items are listed directly below.
Construction + included costs
$2.74M – $3.41M
Construction range plus the additional costs included in this guide. Exclusions still apply.
PathwayNew custom home
Scale55sq · Approx. 510m²
SiteConsidered
ScopeConsidered
FitoutPremium
What is included in the additional costs subtotal
These are the non-construction allowances currently included in the “Construction + included costs” range above.
Planning allowance$10k – $20k
Demolition$20k – $50k
Temporary accommodation$36k – $130k
Renovate or rebuild
Major renovation$2.50M – $3.75M
Equivalent custom build$2.74M – $3.41M
A major renovation is not a simple discount. Existing structure, access and unknown conditions can move the investment close to, or beyond, a new custom build. This is where feasibility work matters.
The cost of waiting
Escalation is not added to the total above. It is shown here so timing is visible from the outset.
4% annual movement over 2.5 years$278k – $333k
6% annual movement over 2.5 years$424k – $509k
Not included in this guide
What happens next
Continue when this step feels right.
Next · Scale and setting