HERC Index

Source: Cape Cod Australia www.capecod.com.au

August 2014

Home Extension & Renovation Cost Index

Data for August reveals a relatively steady HERC Index, with only negligible input cost rises. Again, this represents good news for homeowners extending and renovating. Current forecasts for September indicate the Index will continue to remain steady. Where this is the case, we will substitute some helpful reading for the usual pricing commentary, commencing with the following from news.com.au ‘Secret to Success for Renovating Your Home.’

The HERC Index is produced by Cape Cod Australia, who is pleased to announce its recent Master Builder Association Award wins in the following categories:

  • Renovations $250,000-$350,000;
  • Renovations $700,000-$800,000; and
  • Attic Conversions $200,000 and over.

We are proud of the team who all contributed to this success.

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