ᐅ Is the real estate market increasingly forcing families to build their own homes?

Created on: 6 Apr 2019 11:35
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Thierse
Actually, we would prefer to avoid building. Unfortunately, existing properties within a 20 km (12 miles) radius have become quite expensive, and affordable rental houses with small gardens are simply scarce.

Until now, we have been living in an old rental apartment without a garden. We would like to change that, but there is a lack of options. The listings on various platforms are overcrowded with families looking for affordable housing.

Who is familiar with this situation, and how do you deal with it?
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Nordlys
11 Apr 2019 09:13
Thierse schrieb:
There is quite a mix-up here.

In northern Germany, sloped building plots are certainly less common. In southern Germany, depending on the region, they are very frequent. Flat building plots are very popular and scarce.

This fact alone can already cause additional costs of several tens of thousands of euros, even with economical execution (retaining walls, earthworks, excavation, etc.) and owner-performed work. And the landfills in Baden-Württemberg are currently charging quite high prices for soil disposal that cannot be handled or reused otherwise.

I still believe that this is only a smaller part of the North-South price difference. Just visit the websites of Team Massiv Büdelsdorf or Stollhaus Schleswig, look at their typical mid-range proposals, and you will realize what is different here compared to our house photo topic. Karsten
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chand1986
11 Apr 2019 09:16
Nordlys schrieb:
I’ll give one example: Drywall ceiling with wood paneling: You cover it with gypsum board, then do endless filling, sanding, painting, and maybe add wallpaper. For the ceiling panels, you use Heraklit sauerkraut boards in white, and that's it.

Or bathroom renovation. Here: knock out ugly tiles, retile, remove the tub, install a new tub, and end up spending around 10k.
Also possible: resurfacing. Paint or apply film to ugly tiles, refurbish the old tub on site, install new fixtures, new toilet, done.

You can choose whatever you want, but in Germany people are used to reaching high on the shelf and calling that the minimum standard.
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Tassimat
11 Apr 2019 09:24
If only it were just the tiles... a floor-mounted toilet must inevitably be replaced with a wall-hung one. A shower tray is no longer an option either; the entire bathroom layout has to be changed so that the shower and bathtub become two separate units and still somehow fit in. But heaven forbid the double vanity no longer fits.
kaho67411 Apr 2019 10:08
The discussion is becoming a bit pointless. When exactly was the perfect standard reached that made a house reasonably priced?
In the past, we had an outdoor latrine and no bathroom at all. Plus, crooked clay walls with an open fire instead of a stove. Was that acceptable? Or should we just go all the way back to the Stone Age caves?

The issue is less about having two sinks instead of one, and more about the shortage of building plots in desirable residential areas. To me, this means the attractiveness of the rest of the country needs to improve, and that is where policy must step in.
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Nordlys
11 Apr 2019 11:03
kaho674 schrieb:
The problem is less about having two washbasins instead of one, and more about the shortage of building plots in desirable residential areas. To me, this means the attractiveness of the rest of the country must finally increase, and this is where policymakers need to step in.

No. Half the truth. The lack of building plots drives up the price of land.
The actual house price is influenced, among other things, by the mentioned demands.
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fragg
11 Apr 2019 11:51
Nordlys schrieb:
No. Half the truth. The lack of available building plots drives up the land price. The actual house price is driven by, among other things, the mentioned demands.

If you don’t have enough cash on hand to afford a mansion, you either have to scale down your plans or take on more risk.

But when the neighbor has a bigger house, society is to blame—at the same time, no one dares to take out a loan with a 37-year term and a 10-year fixed interest period.

If in 10 years my place is gone, at least I had 10 good years in my mansion. And with the prices in the commuter belt, I’ll even make a profit in the end.

But here in the forum, everyone only wants 15-year full repayment plans or 45-year fixed interest periods. That just doesn’t fit a mansion without equity.