Hello dear "fellow sufferers",
Next year we plan to relocate geographically. Currently, we own a house that is much too large for us (or maybe even a multi-family house, since the separate apartment has its own entrance?), and we would like to build or buy near Fritzlar (Hesse). We really like Fritzlar, and the family is practically just around the corner.
We were thinking about buying a semi-detached house. We (3 people) would live in one half, and our grown daughter with her husband and 4 children in the other. Therefore, each half would need to be somewhat larger (around 150m² (1,615 sq ft)). So we need a semi-detached house with a total living area of about 300m² (3,230 sq ft). In catalogs, it’s hard to find a house that large, and if there is one, it’s practically unaffordable.
As much as we like the idea of a semi-detached house, what particularly bothers me is that one side would naturally have no windows at all. The other extreme is the price. Now we’re considering what it would be like to live in a two-family house. In principle, we’ve already done something similar. Our current house is not really a two-family house, but classified as a single-family house with an apartment. The lower floor has only 100m² (1,076 sq ft) and too few rooms—impractical for 6 people. That’s why they had to move out. Back then, it was reluctantly accepted, but now, 5 months later, they (and we) realize how nice it was and how we want to have that again. So a two-family house would need to offer 150m² (1,615 sq ft) of living space downstairs, the same amount upstairs (for us), plus about 60m² (645 sq ft) for our beauty studio.
Have you ever faced a similar decision between a semi-detached house or a two-family house? If yes, what did you decide and why?
How did the prices compare?
Did you find a good builder or developer, and were you satisfied?
Well, you know how it is... There are so many questions, but during house construction, you will surely experience things you never expected before—and therefore never thought to ask.
Thanks in advance.
Have a nice Sunday.
Cu
Chris
Next year we plan to relocate geographically. Currently, we own a house that is much too large for us (or maybe even a multi-family house, since the separate apartment has its own entrance?), and we would like to build or buy near Fritzlar (Hesse). We really like Fritzlar, and the family is practically just around the corner.
We were thinking about buying a semi-detached house. We (3 people) would live in one half, and our grown daughter with her husband and 4 children in the other. Therefore, each half would need to be somewhat larger (around 150m² (1,615 sq ft)). So we need a semi-detached house with a total living area of about 300m² (3,230 sq ft). In catalogs, it’s hard to find a house that large, and if there is one, it’s practically unaffordable.
As much as we like the idea of a semi-detached house, what particularly bothers me is that one side would naturally have no windows at all. The other extreme is the price. Now we’re considering what it would be like to live in a two-family house. In principle, we’ve already done something similar. Our current house is not really a two-family house, but classified as a single-family house with an apartment. The lower floor has only 100m² (1,076 sq ft) and too few rooms—impractical for 6 people. That’s why they had to move out. Back then, it was reluctantly accepted, but now, 5 months later, they (and we) realize how nice it was and how we want to have that again. So a two-family house would need to offer 150m² (1,615 sq ft) of living space downstairs, the same amount upstairs (for us), plus about 60m² (645 sq ft) for our beauty studio.
Have you ever faced a similar decision between a semi-detached house or a two-family house? If yes, what did you decide and why?
How did the prices compare?
Did you find a good builder or developer, and were you satisfied?
Well, you know how it is... There are so many questions, but during house construction, you will surely experience things you never expected before—and therefore never thought to ask.
Thanks in advance.
Have a nice Sunday.
Cu
Chris
Ffmchris schrieb:
But that would really be the absolute limit. In the end, I don’t want to leave my daughter (who is still very young) with a mountain of debt. That is a completely wrong way of thinking. YOU are building for YOURSELF, not for your daughter. Setting that aside, you usually do not leave a mountain of debt behind. Typically, you leave a stable asset in the form of a house. Whether your daughter inherits $100,000 (T€ 100) in debt and a $150,000 (T€ 150) house value, or $1,500,000 (T€ 1,500) in debt and a $2,000,000 (T€ 2,000) house value, it doesn’t really matter. The asset exceeds the liabilities. Those large numbers shouldn’t scare you (and your death shouldn’t be your advisor either).
A mortgage is usually backed by the corresponding property value. It’s not like the money was spent on short-term consumption (like a world trip or similar).
I also have a loan, but I also have the house, which is worth more than the debt. So I have a net worth.
For the planned project, existing properties are surely not available in large numbers either. An apartment for six people, plus commercial space...
I also have a loan, but I also have the house, which is worth more than the debt. So I have a net worth.
For the planned project, existing properties are surely not available in large numbers either. An apartment for six people, plus commercial space...
Yes, that’s correct. However, since we are not restricted by time or location, we should be able to find a suitable property. We have already looked around occasionally, but just for fun. There have been some interesting and affordable properties within a radius of 20m (12.4 miles). I’m really optimistic about it.
That's possible. Of course, as I said, new construction would be my preference, but with these prices and because we need a certain size, it’s difficult. A "regular" new single-family home would be easily affordable for us, but then there wouldn’t be enough left for everything else. It’s not easy, but right now I’m not stressing and just gathering information to prepare myself mentally.
haydee schrieb:
Affordable currently means extensive renovation backlog.The search term "divorce lawyer" leads to three of my posts – from my Barthel series with tips on finding real estate: https://www.hausbau-forum.de/threads/kann-jmd-diesen-flyer-lesen-bzw-verstehen.31401/page-5#post-329729 ## https://www.hausbau-forum.de/threads/Einfamilienhaus-mit-Einliegerwohnung.31632/page-3#post-334294 ## https://www.hausbau-forum.de/threads/fragen-eines-blutigen-anfaengers.32734/page-2#post-353773https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/