Hello everyone,
great to see so much information being shared here to help out!
My question:
We have a budget of 200,000 for a turnkey house construction (including everything!). This means also garden, earthworks, foundation slab, etc. Please assume fully turnkey!
A basement is not necessarily planned, unless someone can convince me that having one, or even a partial basement, would be more cost-effective.
As I said, the house including all additional costs and everything around it should not exceed 200,000.
The plot of land is separate.
My question: Is this budget sufficient?
Alternatively: Would a semi-detached house be cheaper? I assume I would save only one wall and some land, right?
And—please calculate separately—what additional costs would peat soil add, expressed in Euros?
Many thanks in advance for your kind help and efforts!!!!
great to see so much information being shared here to help out!
My question:
We have a budget of 200,000 for a turnkey house construction (including everything!). This means also garden, earthworks, foundation slab, etc. Please assume fully turnkey!
A basement is not necessarily planned, unless someone can convince me that having one, or even a partial basement, would be more cost-effective.
As I said, the house including all additional costs and everything around it should not exceed 200,000.
The plot of land is separate.
My question: Is this budget sufficient?
Alternatively: Would a semi-detached house be cheaper? I assume I would save only one wall and some land, right?
And—please calculate separately—what additional costs would peat soil add, expressed in Euros?
Many thanks in advance for your kind help and efforts!!!!
B
Bauexperte4 Dec 2012 12:41Hello,
Who is the provider, and what exactly are you expected to pay 250,000/260,000 for?
More like 15,000 – some landscaping and turf should definitely be included.
First of all – I sincerely hope that my clients come away from our discussions better informed.
It really depends on the provider – especially if it’s a prefab house, because lending limits vary significantly. And a lot depends on the reliability of the mortgage broker. Ideally, have an equity share above 20% in all scenarios.
PS: What exactly do you mean by "somewhat higher category"? You can pretty much configure upscale bathroom fixtures with any provider; that’s actually one of the last things to consider.
Best regards
Gluecklich schrieb:
The prefab house company w gave us a rough estimate:
Land +10% = 140,000
House approx. 250-260,000 kWh70 - 1 1/2 or 2 floors. Preferable because of the sloped ceilings.
Additional costs 40,000
Garage 11,500
We will have to forgo the 11,500 for the garage for now. The house would then be turnkey with flooring and wallpaper.
Who is the provider, and what exactly are you expected to pay 250,000/260,000 for?
Gluecklich schrieb:
The outdoor area is still missing (10,000?).
More like 15,000 – some landscaping and turf should definitely be included.
Gluecklich schrieb:
Since the provider and specifications belong to a somewhat higher category, everything could be possible within the corresponding budget depending on the provider, or have I missed something again? Bauexperte always looks at these details very closely (which is good and right).
First of all – I sincerely hope that my clients come away from our discussions better informed.
It really depends on the provider – especially if it’s a prefab house, because lending limits vary significantly. And a lot depends on the reliability of the mortgage broker. Ideally, have an equity share above 20% in all scenarios.
PS: What exactly do you mean by "somewhat higher category"? You can pretty much configure upscale bathroom fixtures with any provider; that’s actually one of the last things to consider.
Best regards
G
Gluecklich4 Dec 2012 21:47May I write the name here?
B
Bauexperte5 Dec 2012 09:06E
EFH-Südheide5 Dec 2012 10:15Honestly, I still find it hard to believe. I’ve been following the forum for quite some time now, even before registering, and I always thought we would never be able to buy, let alone build, a house. The prices are really something else.
But it is possible! I definitely don’t want to question the experts’ opinions here, especially since I have always valued the advice from building professionals, but it can be done with a smaller budget.
I was really nervous when we signed with our local building company. “The forum says it can’t work well at that price – whatever isn’t in the contract won’t be done,” and so on.
Many important points were raised about what to watch out for… all correct and important.
Many families build with “our” company and are very happy. We had a budget of 220,000 EUR (including a smaller plot of land where the price was “only” 75 EUR per square meter (8 USD per square foot) plus child allowance, including 10,000 EUR (11,000 USD) for the kitchen, 35,000 EUR (38,500 USD) for additional costs such as painter and flooring in DIY, without landscaping) for a 1.5-story house with around 130 square meters (1,400 square feet) and not the largest amount of equity.
Of course, we also had to make compromises; for example, we would have preferred a bungalow, but that simply wasn’t feasible.
I hope this text isn’t too confusing. Looking back, it was always an emotional topic reading through the forum because, after all, you want to create a home for your children and yourself…
But it is possible! I definitely don’t want to question the experts’ opinions here, especially since I have always valued the advice from building professionals, but it can be done with a smaller budget.
I was really nervous when we signed with our local building company. “The forum says it can’t work well at that price – whatever isn’t in the contract won’t be done,” and so on.
Many important points were raised about what to watch out for… all correct and important.
Many families build with “our” company and are very happy. We had a budget of 220,000 EUR (including a smaller plot of land where the price was “only” 75 EUR per square meter (8 USD per square foot) plus child allowance, including 10,000 EUR (11,000 USD) for the kitchen, 35,000 EUR (38,500 USD) for additional costs such as painter and flooring in DIY, without landscaping) for a 1.5-story house with around 130 square meters (1,400 square feet) and not the largest amount of equity.
Of course, we also had to make compromises; for example, we would have preferred a bungalow, but that simply wasn’t feasible.
I hope this text isn’t too confusing. Looking back, it was always an emotional topic reading through the forum because, after all, you want to create a home for your children and yourself…
E
EFH-Südheide5 Dec 2012 13:20What I want to say is that it’s not entirely turnkey either (perhaps I should have mentioned that earlier)!
Of course, we had to make some compromises, but from our perspective, there weren’t many “important” ones. For my husband, it was the garage. We will build it over the next few years; well, it won’t be directly accessible from the house anymore, but that’s not a big deal. We’re not used to that anyway... maybe it will even just be a carport.
The windows and doors will be installed by my father-in-law and his company; he is the sales manager of a well-known nationwide company in Germany.
And we didn’t choose just the standard versions, as many might assume.
Of course, we had to make some compromises, but from our perspective, there weren’t many “important” ones. For my husband, it was the garage. We will build it over the next few years; well, it won’t be directly accessible from the house anymore, but that’s not a big deal. We’re not used to that anyway... maybe it will even just be a carport.
The windows and doors will be installed by my father-in-law and his company; he is the sales manager of a well-known nationwide company in Germany.
And we didn’t choose just the standard versions, as many might assume.