Hello everyone!
We are planning to build with Scanhaus Marlow in the near future and have prepared a cost estimate after several discussions (also with other providers). Since we are newcomers to this field, we would like to know whether our plan is realistic or off, and if anything is missing.
Building location: District Unna, NRW, rural area
Plot: about 500 m² (5380 sq ft), not hilly (only slight leveling needed, if any)
House: 125 m² (1345 sq ft), 1.5 stories, turnkey except for floor coverings/painting, standard features, underfloor heating, roller shutters, fixed planning fee and building permit for the garage included in the house price, no basement
[INDENT]Plot: 110,000 €
Realtor: 4,000 €
Notary: 1,500 €
Property transfer tax (6.5%): 7,150 €
House price: 167,900 € including foundation slab
Utility connections (water, sewage, electricity, gas, etc.): 11,000 €
Surveyor: 2,800 €
Soil report: 900 €
Official fees: 500 €
Insurance: 800 €
Construction power/water: 600 €
Waste container: 600 €
Possible foundation costs: 10,000 €
Walls/floor coverings + labor: 8,000 €
Garden/terrace: 10,000 €
Access road, garage: 20,000 €
Total 355,750 €
[/INDENT]
Is this a somewhat realistic assessment? How much contingency should one roughly plan for?
Financially, our situation is that we have about 100,000 € in equity. For the loan, we would only consider the husband’s net income of about 3,200 € (civil servant).
We would appreciate your feedback.
Best regards,
FamPre
We are planning to build with Scanhaus Marlow in the near future and have prepared a cost estimate after several discussions (also with other providers). Since we are newcomers to this field, we would like to know whether our plan is realistic or off, and if anything is missing.
Building location: District Unna, NRW, rural area
Plot: about 500 m² (5380 sq ft), not hilly (only slight leveling needed, if any)
House: 125 m² (1345 sq ft), 1.5 stories, turnkey except for floor coverings/painting, standard features, underfloor heating, roller shutters, fixed planning fee and building permit for the garage included in the house price, no basement
[INDENT]Plot: 110,000 €
Realtor: 4,000 €
Notary: 1,500 €
Property transfer tax (6.5%): 7,150 €
House price: 167,900 € including foundation slab
Utility connections (water, sewage, electricity, gas, etc.): 11,000 €
Surveyor: 2,800 €
Soil report: 900 €
Official fees: 500 €
Insurance: 800 €
Construction power/water: 600 €
Waste container: 600 €
Possible foundation costs: 10,000 €
Walls/floor coverings + labor: 8,000 €
Garden/terrace: 10,000 €
Access road, garage: 20,000 €
Total 355,750 €
[/INDENT]
Is this a somewhat realistic assessment? How much contingency should one roughly plan for?
Financially, our situation is that we have about 100,000 € in equity. For the loan, we would only consider the husband’s net income of about 3,200 € (civil servant).
We would appreciate your feedback.
Best regards,
FamPre
FamPre schrieb:
Total €355,750Is that a somewhat realistic estimate? How much contingency should you roughly allow for?Hi,
it’s not entirely unrealistic.
Based on my experience, I would recommend budgeting around €385,000 to €400,000.
The uncertainties lie mainly in the additional construction costs, as already mentioned here. Money disappears faster than you can say “budget”.
And at every stage, there tend to be extra costs here and there.
Honestly: please plan on about €400,000.
If you end up with money left over (which I hope for you), then the initial landscaping will be doable without a herniated disc…. Because €10,000 for the garden: my watering can runs out slower when watering flowers, those €10,000 vanish so fast… it’s unbelievable.
Best regards,
Thorsten
tomtom79 schrieb:
Respect, a house without a basement already costs around 400k, not bad.Well. Then finished. With garden. Terrace(s). House border. Driveway. Garage. Infrastructure connections,.....
That’s about +/- 20,000 roughly.
You have to consider: just the land (Unna is also well located, not a bargain), 110,000.
If there’s money left over – which I never believe in this case – you could polish some edges with it. But as I said, sure: no edges will be polished.....
PS: On a slight slope, it depends on the soil report.... quickly the foundation slab / support becomes so expensive that a usable basement wouldn’t be much more costly. The original poster has to clarify that themselves.
Best regards
Thorsten
PS: When I see how many people around me here have completely deceived themselves and made overly optimistic calculations.
There’s no terrace. No house perimeter drainage/splash protection (extremely important). No topsoil costing 10,000 euros. And so on.
All the money is gone. Work remains unfinished. It will hold together. No: IT WILL NOT HOLD. IT WILL BREAK. It breaks quickly.
When I think about how I deceived myself regarding what I had to accomplish with_little_or_no_money (ideas, creativity) to still manage to get something done properly. As I said: WITH_OR_WITHOUT_MONEY. It takes a toll... And what is still missing (garden shed, driveway paving, building a carport). Well: nothing that is essential or critical here. My house was completely finished except for the garden when I moved in. Just money missing. That is always missing. Even now. Laughing.
I’d rather tell people the truth. It costs what it costs. I also have 500 sqm (5,382 sq ft) and about 135 sqm (1,452 sq ft), with a comparable land price. I have experienced all the cost increases here. It’s better if someone in this forum kicks me in the butt in 12 months and says I overestimated by 30,000 euros, rather than the other way around.
There’s no terrace. No house perimeter drainage/splash protection (extremely important). No topsoil costing 10,000 euros. And so on.
All the money is gone. Work remains unfinished. It will hold together. No: IT WILL NOT HOLD. IT WILL BREAK. It breaks quickly.
When I think about how I deceived myself regarding what I had to accomplish with_little_or_no_money (ideas, creativity) to still manage to get something done properly. As I said: WITH_OR_WITHOUT_MONEY. It takes a toll... And what is still missing (garden shed, driveway paving, building a carport). Well: nothing that is essential or critical here. My house was completely finished except for the garden when I moved in. Just money missing. That is always missing. Even now. Laughing.
I’d rather tell people the truth. It costs what it costs. I also have 500 sqm (5,382 sq ft) and about 135 sqm (1,452 sq ft), with a comparable land price. I have experienced all the cost increases here. It’s better if someone in this forum kicks me in the butt in 12 months and says I overestimated by 30,000 euros, rather than the other way around.
120,000 € for the land... 50,000 € additional construction costs including landscaping... 1,500 € per square meter (0.09 sq ft) amounts to 187,000 €. Garage costs another 12,000 €. That makes 370,000 €.
If there are 2-3 special requests, it quickly rises to 380,000 € or more...
If there are 2-3 special requests, it quickly rises to 380,000 € or more...
B
Bauexperte15 May 2016 23:39Good evening,
I will never understand how potential homeowners can base their entire house build solely on raw numbers provided by suppliers...
T21150 schrieb:If the single-family house is to be built to a reasonable standard, it is entirely unrealistic.
it's not that completely unrealistic.
T21150 schrieb:At least starting from EUR 195,000 for the single-family house itself, plus the usual additional services and ancillary construction costs.
Based on my experience, I would expect between 385,000 and 400,000.
T21150 schrieb:No, rather not. If the plot does not require significant additional foundation expenses, EUR 40,000 is generally sufficient.
The uncertainties lie in the ancillary construction costs.
I will never understand how potential homeowners can base their entire house build solely on raw numbers provided by suppliers...
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