Hello,
we are planning to build a small house. A townhouse with 130m² (1400 sq ft) of living space. According to the builder, DIY work is possible. I’m quite skilled with my hands—I trained as a mechatronics technician, then worked for two years as a fitter for harbor mobile cranes, followed by further training as a technician specializing in mechatronics. Now I work as a developer in plant engineering. So when it comes to mechanics and electrical engineering, I’m well-versed and not afraid of rough work. I thought that flooring and painting would be easily manageable. The EWL Instakit should also make the electrical installation doable. Now I’m considering installing the underfloor heating myself as well. My question is, how feasible is this really? Many of you have completed a lot of DIY work. How much time, excluding planning, did you spend on:
- electrical installation
- underfloor heating
- flooring (laying parquet and tiles)
- painting
My challenge is that we’re both working full time and have a small child.
Looking forward to your answers.
Regards,
Andi
we are planning to build a small house. A townhouse with 130m² (1400 sq ft) of living space. According to the builder, DIY work is possible. I’m quite skilled with my hands—I trained as a mechatronics technician, then worked for two years as a fitter for harbor mobile cranes, followed by further training as a technician specializing in mechatronics. Now I work as a developer in plant engineering. So when it comes to mechanics and electrical engineering, I’m well-versed and not afraid of rough work. I thought that flooring and painting would be easily manageable. The EWL Instakit should also make the electrical installation doable. Now I’m considering installing the underfloor heating myself as well. My question is, how feasible is this really? Many of you have completed a lot of DIY work. How much time, excluding planning, did you spend on:
- electrical installation
- underfloor heating
- flooring (laying parquet and tiles)
- painting
My challenge is that we’re both working full time and have a small child.
Looking forward to your answers.
Regards,
Andi
F
fischaqua1 Feb 2012 19:45Interest rates are below 3%, 10,000 EUR (about 10,800 USD) prepayment per year, no-cost construction account, etc.
My house was designed by an architect based on a specific construction budget. The bank bases its financing on this budget, minus equity, own work, and so on. If I don't declare as much own work as I probably will provide, and if some items turn out cheaper during the tendering and negotiations with contractors than originally calculated, then there will be money left over in the end. This is better than calculating everything down to the last cent and having to arrange additional financing afterwards.
I decide how much loan I need and want to take out!
My house was designed by an architect based on a specific construction budget. The bank bases its financing on this budget, minus equity, own work, and so on. If I don't declare as much own work as I probably will provide, and if some items turn out cheaper during the tendering and negotiations with contractors than originally calculated, then there will be money left over in the end. This is better than calculating everything down to the last cent and having to arrange additional financing afterwards.
I decide how much loan I need and want to take out!
P
perlenmann2 Feb 2012 07:50fischaqua schrieb:
Interest rates are below 3%, 10,000 EUR (about 11,000 USD) prepayment per year, no-cost construction account, etc.
My house cost estimate was prepared by the architect based on a specific construction budget. The bank works with this budget, minus equity, own work, and so on. If I don’t declare quite as much own work as I will probably provide, and if the bids and negotiations with the contractors turn out to be cheaper than estimated, then there will be money left over at the end. This is better than calculating everything down to the last cent and having to refinance in the end.
I decide how much loan I need and want to take out!!What loan term do you have? Five years?
You decide how much money you want; the bank either approves it or says no.
Even architects can base their calculations on incorrect figures. This happened with a neighbor, for example—just the plumbing trade alone came to a five-figure sum.
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