Hello everyone,
I’m new here. My wife and I have been looking for a suitable plot of land for quite some time. We have now found a 605 sqm (6500 sq ft) plot that we like. After consulting with the local municipality, we had to submit an application for the plot. Today, we received an email from the mayor informing us that we have been awarded the plot. So far, we do not have a planned house design nor financing approval for either the land or the house. Our first appointment is on Friday at the prefab house exhibition in Erlangen. I am now wondering what the best approach is: to fully finance the land and house separately or to finance everything together.
Best regards,
Marcus
I’m new here. My wife and I have been looking for a suitable plot of land for quite some time. We have now found a 605 sqm (6500 sq ft) plot that we like. After consulting with the local municipality, we had to submit an application for the plot. Today, we received an email from the mayor informing us that we have been awarded the plot. So far, we do not have a planned house design nor financing approval for either the land or the house. Our first appointment is on Friday at the prefab house exhibition in Erlangen. I am now wondering what the best approach is: to fully finance the land and house separately or to finance everything together.
Best regards,
Marcus
S
SoiCowboy22 Nov 2020 17:45What can a prefab house do about that?
I have experience with extreme slopes.
Step 1 – you need a soil survey.
If the result of step 1 isn’t a complete failure, then comes –
Step 2 – you find someone willing to design something suitable and functional for the site.
You won’t find that person at a model home village. Someone who reviews the challenges before the contract is signed. Ideally, you shouldn’t even sign the purchase agreement for the plot until then. The result of step 2 is the first realistic cost estimate.
Step 3 – make compromises.
And so on.
Even though in times of same-day delivery you might be tempted to jump straight to the dream model home ... that is more step 4 or 5.
With 250,000 EUR, at best you’ll get a tiny house on this slope.
Just my 2 cents.
I have experience with extreme slopes.
Step 1 – you need a soil survey.
If the result of step 1 isn’t a complete failure, then comes –
Step 2 – you find someone willing to design something suitable and functional for the site.
You won’t find that person at a model home village. Someone who reviews the challenges before the contract is signed. Ideally, you shouldn’t even sign the purchase agreement for the plot until then. The result of step 2 is the first realistic cost estimate.
Step 3 – make compromises.
And so on.
Even though in times of same-day delivery you might be tempted to jump straight to the dream model home ... that is more step 4 or 5.
With 250,000 EUR, at best you’ll get a tiny house on this slope.
Just my 2 cents.
SoiCowboy schrieb:
For 250,000 EUR, at best you can get a tiny house on this slope. At the offered price, you definitely won’t get a “house” here, but only “part of a house above the finished floor level.” So we are talking about a price indication that doesn’t make sense considering the steepness of the building plot. It’s effectively not about “260,000 EUR plus additional costs,” but rather “260,000 EUR plus c plus additional costs.” I recommend the original poster take a look at https://www.hausbau-forum.de/threads/zweifamilienhaus-optimieren.35765/ and https://www.hausbau-forum.de/threads/hang-an-Grundstück-zufahrtsplanung.36660/, where a steep slope also complicates using an off-the-shelf solution (or rather makes a single basement level struggle significantly to underpin the house). I see the “c” here clearly exceeding a fraction of the advertised house price.
https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/
A
Acxiss202025 Nov 2020 10:10Good morning,
thank you very much for your feedback. We have an appointment next week at the Schwörerhaus headquarters for an inspection, etc. I will bring the questions from here with me.
We definitely want to have a soil survey conducted before the purchase.
thank you very much for your feedback. We have an appointment next week at the Schwörerhaus headquarters for an inspection, etc. I will bring the questions from here with me.
We definitely want to have a soil survey conducted before the purchase.
S
SoiCowboy25 Nov 2020 11:21...is just my personal opinion.
It is nice to look at houses. But in my opinion, now is the time to find out what kind of house fits the building site, and for that, you need a soil survey and someone who can develop an idea from it.
Many people can then put a house on top...
It is nice to look at houses. But in my opinion, now is the time to find out what kind of house fits the building site, and for that, you need a soil survey and someone who can develop an idea from it.
Many people can then put a house on top...
Do you have a building obligation for the plot?
If not, I would buy the land now, save a bit more over a few years, then the inheritance will also come closer. During that time, you can educate yourself calmly and without time pressure before embarking on the house-building adventure.
When we started, we also first considered house offers that we found quite acceptable. They were listed in catalogs for around 300,000 euros. In reality, however, the final cost is quite different.
12 power outlets in the living room? I did the math—we have 14, and in some areas it’s still tight. Some of our outlets even have extra USB ports, so we don’t need a power outlet to charge our tablets or phones. This is often underestimated! Standard construction specifications ALWAYS include too few outlets. Everyone should pay close attention to this (and I can only strongly recommend it!), as it can quickly become expensive.
Nowadays, very few people want a 90cm x 90cm (35in x 35in) shower tray; most prefer a walk-in shower, which is usually not included in the standard construction scope and costs extra!
What heating concept? And so on, and so forth.
These are all things you don’t worry about at first but that are important.
So if you have the flexibility to delay the build, then do it!
If not, I would buy the land now, save a bit more over a few years, then the inheritance will also come closer. During that time, you can educate yourself calmly and without time pressure before embarking on the house-building adventure.
When we started, we also first considered house offers that we found quite acceptable. They were listed in catalogs for around 300,000 euros. In reality, however, the final cost is quite different.
12 power outlets in the living room? I did the math—we have 14, and in some areas it’s still tight. Some of our outlets even have extra USB ports, so we don’t need a power outlet to charge our tablets or phones. This is often underestimated! Standard construction specifications ALWAYS include too few outlets. Everyone should pay close attention to this (and I can only strongly recommend it!), as it can quickly become expensive.
Nowadays, very few people want a 90cm x 90cm (35in x 35in) shower tray; most prefer a walk-in shower, which is usually not included in the standard construction scope and costs extra!
What heating concept? And so on, and so forth.
These are all things you don’t worry about at first but that are important.
So if you have the flexibility to delay the build, then do it!
Climbee schrieb:
Do you have a building obligation on the plot?
If not, I would buy the land now, save some money for a few more years, then the inheritance will get closer, and during that time educate yourself comfortably and without pressure before embarking on the house-building adventure.
When we started, we also considered offers for houses that we found quite acceptable. They were listed in the catalog for around 300,000 euros (about $320,000). In reality, the final cost turned out very different.
12 power outlets in the living room? I calculated once—we have 14 and in some spots it’s still tight; plus, some outlets have additional USB ports, so we don’t need to use an outlet just to charge tablets or phones. People underestimate this! Standard specifications for building services ALWAYS include too few outlets. Everyone notices this (and I highly recommend you pay close attention to it!) and it can get expensive fast.
Very few people today want a 90cm x 90cm (35in x 35in) shower tray; instead, they prefer a walk-in shower, which definitely isn’t included in the standard building specifications and costs extra!
What about the heating concept? Etc., etc.
These are all things you don’t think about at the beginning but that are important.
So if you have the flexibility to postpone construction, then do so! Exactly. Please separate yourself from that initial price right away so you can plan realistically.
The standard in the construction and service specifications is really just “standard” in the sense that nobody actually wants it—at least not for many items. If you want to live in that house, it’s actually comparable to a base model Fiat Panda—there really is NOTHING included... And believe me, you will have to upgrade your house because otherwise, you simply won’t feel comfortable. Prefabricated houses often have an even lower standard than local solid builders (this is because they lure you with low prices, but the construction and service specifications are truly a disaster).
Just to give you an idea of the many things that you can or should upgrade:
- Sanitary fixtures: If you want even moderately good quality (which still isn’t mid-range), you’re easily looking at an additional 5,000 euros (about $5,500).
- Interior staircases: You could literally burn money here 😀 — easily an extra 3,000 euros (about $3,300) more.
- Interior doors: The standard will seriously surprise you in a bad way 😀
- Floor coverings: Prices are sometimes set so low in the specifications that you won’t find any tiles you’d actually want to install 😀
- Electrical planning: Interior light points, outdoor lighting, outlets, additional switches, etc... There are never enough in the specifications.
- Front door: Easily an extra 1,000 to 2,000 euros (about $1,100 to $2,200).
- Windows: If you don’t want the cheapest white PVC windows but something with color (not foil but with an aluminum cladding or similar), you’re suddenly 5,000 euros (about $5,500) poorer.
- Exterior house paint: About 1,000 euros (about $1,100).
- Upgrades like a fireplace, garage, ventilation system, photovoltaic panels, and so on... These can cost many tens of thousands of euros more if you are considering them.
- “Small” items like window security, electric shutters, heating filling blocks, changes to the floor plan, flush-mounted boxes, satellite systems, sills...
These are just things that come to mind spontaneously. We didn’t have to think as much about this compared to you because our local solid builder’s standard is already quite high, which also means a higher initial offer price.
And those are just the upgrades. You will see many costs that you haven’t even included in your additional building costs, which are not offered by the general contractor and therefore must be provided separately on your side... You will find these in the construction and service specifications.
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