ᐅ Access Route XXL, an Unusual Project

Hello,

In our area, it is very difficult to find an affordable plot of land. Recently, we noticed one that is somewhat special but quite large.
So far, it is a large plot of about 1400 sq m (15,000 sq ft).
It is planned to be divided, with two detached single-family houses to be built on it.
Because of the specific location, an access road needs to be constructed (see simulation—instead of the row houses, there will be two separate houses).
The plot must be developed with a particular general contractor (GC).
They have apparently already obtained a cost estimate for this, including the demolition of the existing building.
The access will belong to both parties, and the costs will be split between them.

The costs have been listed by the GC in an initial sample calculation as follows:

External development costs €30,000
Demolition work €22,500
Special foundation / foundation elevation €10,000
Removal of excavated earth and backfilling €10,000

Do you think these estimates could be roughly accurate for a project like this? The costs mentioned above also include the “normal” additional construction expenses for the single-family houses. No distinction was made between the driveway and the house.

Are these projected costs realistic?

Do you see any other risks with this approach? For example, what if the other party stops paying their half? Then we wouldn’t be able to proceed...

Definitely an unusual project, and I look forward to your assessments!

Best regards

The costs are more realistic per party.

With the challenging profile involving retaining walls, asphalt, and embankment...

Hello Osnabrück residents,
I forgot to mention that these are naturally listed per party, but some of them also relate to the work on / for the house foundation.

Best regards

I don’t see anything unusual there. Plot subdivision and access road—just the usual procedures that are done everywhere nowadays.

Mycraft schrieb:

I don’t see anything unusual here. Dividing the plot and creating access roads is just the usual process you see everywhere nowadays.

That gives me a good feeling! I haven’t seen it done like this before, but I’m also not very experienced.

Mickykitty schrieb:

Hello Osnabruecker,
I forgot to mention that these are, of course, listed per party, but some of the costs are also related to the development and the foundation of the house.

Best regards

On the contrary, you said above that the costs are shared between the parties.

Finding a plot of land is difficult, I understand that. But I don’t like being tied to a general contractor (GC), partly because, in my layman’s opinion, the additional property transfer tax then also applies to the house. And spending €70,000 (around $75,000) before the first stone is laid seems expensive to me... but perhaps the land is correspondingly cheap.

Does the GC offer the mentioned prices as a fixed price? Otherwise, the costs for the earthworks will surely multiply.