ᐅ Prefabricated House or Traditional Solid Construction Companies – Budget
Created on: 13 May 2020 12:56
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Cary2020
Hello everyone. As you can see, I am new here and looking for advice. We are 25 and 27 years old, both employed, and our monthly net income is 3100 € (approximately $3,400). We have no equity saved up (we are already aware of the risks). Now, by coincidence, we have found a plot of land. It’s the only one in the area that meets our expectations (small, no more than 500 m² (6000 sq ft)). It was more or less a “random find.” Although we had agreed that we wanted to build a house someday, we hadn’t expected it to happen so soon. We want to build at the edge of the Harz mountains, in Lower Saxony. That’s the basic info.
Over the past few days, we have spent a lot of time researching the topic but have not reached any concrete conclusions yet. We have had initial phone appointments with banks; even without equity, it’s not impossible, and some very reputable, well-known banks were involved. We have further appointments with first companies and additional banks planned for next week. However, I would also like to connect with “regular” homeowners to get realistic assessments because we probably belong to this group ourselves.
Does anyone have experience with building a house at our income level? Is it feasible not only on paper but also in reality?
Then the big question arises: do we want a traditional solid house (brick and mortar) or a prefab house? Twenty years ago, when my parents built their home, prefab houses had a bad reputation. Nowadays, that seems to have improved significantly. Basically, we are still undecided. We see major advantages with prefab houses in the absence of moisture problems, clearly the price (is that really the case?), and according to experience reports, there is less shoddy workmanship. I’m hoping to learn from your experiences here.
The last point, of course, will be contacting companies. I am a bit hesitant about regional developers and would prefer to get in touch with larger firms like Viebrockhaus (probably quite expensive), Massa Haus, Arge, etc. Here too, I hope to have an initial exchange with you.
As you can see, we are just starting out and would like to bring some orientation to our confusion of thoughts. Thanks in advance for your help.
Over the past few days, we have spent a lot of time researching the topic but have not reached any concrete conclusions yet. We have had initial phone appointments with banks; even without equity, it’s not impossible, and some very reputable, well-known banks were involved. We have further appointments with first companies and additional banks planned for next week. However, I would also like to connect with “regular” homeowners to get realistic assessments because we probably belong to this group ourselves.
Does anyone have experience with building a house at our income level? Is it feasible not only on paper but also in reality?
Then the big question arises: do we want a traditional solid house (brick and mortar) or a prefab house? Twenty years ago, when my parents built their home, prefab houses had a bad reputation. Nowadays, that seems to have improved significantly. Basically, we are still undecided. We see major advantages with prefab houses in the absence of moisture problems, clearly the price (is that really the case?), and according to experience reports, there is less shoddy workmanship. I’m hoping to learn from your experiences here.
The last point, of course, will be contacting companies. I am a bit hesitant about regional developers and would prefer to get in touch with larger firms like Viebrockhaus (probably quite expensive), Massa Haus, Arge, etc. Here too, I hope to have an initial exchange with you.
As you can see, we are just starting out and would like to bring some orientation to our confusion of thoughts. Thanks in advance for your help.
Einradbrot schrieb:
My wife and I have visited multiple prefabricated house providers under different names in the ready-to-assemble house parks in Fellbach, Ulm, Günzburg, and Karlsruhe. In general, they are simply too expensive for what is basically a papier-mâché house. I have made a list of all the providers. The worst for us were Danhaus and Scanhaus Marlow Marlow. Papier-mâché has not been used in the prefabricated house industry for about forty years—until a few years ago when it was rediscovered, quite literally, by some low-cost providers.
Einradbrot schrieb:
Small regional construction companies are not bad either. They stand out with much better customer service but cannot compete on price by any means. They are not just "not bad," but often clearly more recommendable than your favorite provider, if you ask me. By the way: thirty posts since last night—that’s quite a writing effort, you might have quickly surpassed me. Unfortunately, this seems to have come at the expense of your reading skills, because otherwise, you would have already read plenty here about how far off you are compared to the majority of experiences.
https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/
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Einradbrot28 May 2020 17:40This is not about majority experiences. I applied the mini-max method. If you are not familiar with it, you can check business management books. The goal is to achieve the maximum return with a fixed amount X, in my case 200,000 (two hundred thousand). For this, I personally—and the emphasis is on personally—found Heinz von Heiden to be the most suitable company. It should be clear to everyone that there are problems with every construction project, just as it is clear that investing significantly more capital results in more value.
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MM1506zzzz28 May 2020 18:27Einradbrot schrieb:
... I followed the mini-max method. For those who don’t know it, check out the business administration textbooks. ...And that simply doesn’t exist. There is the principle of minimization and the principle of maximization. Everything else is a paradox. See Wöhe "Introduction to Business Administration" – the standard reference work.N
nordanney28 May 2020 20:49Einradbrot schrieb:
I followed the MiniMax method. For those unfamiliar, check business management books. The goal is to achieve the maximum return with a fixed budget X, in my case 200,000 (currency not specified). You simply built cheaply (as with Town & Country). Nothing more, nothing less. That’s not a problem either—a Dacia or Lada will also get you there.
Because MiniMax exactly means maximizing the minimum. Unfortunately, it doesn’t sound as good as you make it out to be.
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Einradbrot28 May 2020 20:57nordanney schrieb:
You simply built cheaply (just like with Town & Country). Nothing more, nothing less. It’s not a problem though – a Dacia or Lada will get you to your destination too.
Because MiniMax exactly means that the minimum is maximized. Unfortunately, it just doesn’t sound as nice as it does to you The question is, where exactly is the house cheap?