ᐅ Planning a new build in the Marburg area: Best approach and steps to take
Created on: 30 Dec 2020 08:52
R
rulor1992
Good morning everyone,
I could use some ideas from you.
I would like to build a house. Preferably in Marburg (although that might not be realistic). At least somewhere relatively close, like the surrounding area of Ebsdorfergrund, for example.
My girlfriend is a bit hesitant and doesn't want to think about it right now. However, we currently still live in my parents' house (400€ including utilities), so very affordable.
But that situation is not meant to last. We both work in Marburg, and personally, renting is not really an option for me since we are planning to start a family.
Regarding our financial situation... My girlfriend earns 2,000€ net per month working 80% plus a 2,000€ bonus.
For me, the financial situation is a bit more complicated because I have difficulty planning. I earn 2,500€ net per month plus a 3,000€ bonus.
Additionally, I have a secondary income that this year exceeds my main job’s income. However, that may not necessarily be the case in the future.
So, our stable income is 4,500€ net plus 5,000€ bonus. On top of that, there is 20,000€ to 50,000€ net from secondary income.
We have 100,000€ in equity, but that is more important as cash flow for the side business.
I have not been to the bank yet; I first wanted to gather some input so I could approach this more concretely.
What I have in mind: A house suitable for a family of four. It will also need some space for the business. Some costs might be deductible there. Exactly what is possible, I need to discuss with my tax advisor.
This means planning for a basement with 30-40sqm (approximately 320-430 sq ft) as storage space.
Additionally, everything should be equipped with KNX automation: lighting, blinds, heating, (possibly ventilation), and so on.
Based on the financial situation, what could be realistically feasible? How much living space does a family of four typically need? It should not be bigger than necessary.
Ultimately, my girlfriend has the final say. She wants to move sooner than I do but is not ready to deal with the topic at the moment. That will come sooner or later.
What costs should I expect if I want to build not as cheaply as possible but with good quality? What would be a suitable plot size?
Thanks a lot for your input.
I could use some ideas from you.
I would like to build a house. Preferably in Marburg (although that might not be realistic). At least somewhere relatively close, like the surrounding area of Ebsdorfergrund, for example.
My girlfriend is a bit hesitant and doesn't want to think about it right now. However, we currently still live in my parents' house (400€ including utilities), so very affordable.
But that situation is not meant to last. We both work in Marburg, and personally, renting is not really an option for me since we are planning to start a family.
Regarding our financial situation... My girlfriend earns 2,000€ net per month working 80% plus a 2,000€ bonus.
For me, the financial situation is a bit more complicated because I have difficulty planning. I earn 2,500€ net per month plus a 3,000€ bonus.
Additionally, I have a secondary income that this year exceeds my main job’s income. However, that may not necessarily be the case in the future.
So, our stable income is 4,500€ net plus 5,000€ bonus. On top of that, there is 20,000€ to 50,000€ net from secondary income.
We have 100,000€ in equity, but that is more important as cash flow for the side business.
I have not been to the bank yet; I first wanted to gather some input so I could approach this more concretely.
What I have in mind: A house suitable for a family of four. It will also need some space for the business. Some costs might be deductible there. Exactly what is possible, I need to discuss with my tax advisor.
This means planning for a basement with 30-40sqm (approximately 320-430 sq ft) as storage space.
Additionally, everything should be equipped with KNX automation: lighting, blinds, heating, (possibly ventilation), and so on.
Based on the financial situation, what could be realistically feasible? How much living space does a family of four typically need? It should not be bigger than necessary.
Ultimately, my girlfriend has the final say. She wants to move sooner than I do but is not ready to deal with the topic at the moment. That will come sooner or later.
What costs should I expect if I want to build not as cheaply as possible but with good quality? What would be a suitable plot size?
Thanks a lot for your input.
He has realized that himself by now.
I currently know someone in a similar situation. He convinced her to buy a house in the countryside; she, being a city person, didn’t feel connected—no sushi bars, no yoga classes, a daily 30m (20 miles) commute to her part-time job, became unhappy, and eventually they separated. She moved back to the city with their son. Now he’s stuck with mortgage payments plus child support—a tough outcome.
Just because a couple isn’t fully aligned in their late twenties doesn’t mean it’s a disaster. But at least both should be aware that without a solid compromise that both firmly support, it won’t work out in other future matters either.
I currently know someone in a similar situation. He convinced her to buy a house in the countryside; she, being a city person, didn’t feel connected—no sushi bars, no yoga classes, a daily 30m (20 miles) commute to her part-time job, became unhappy, and eventually they separated. She moved back to the city with their son. Now he’s stuck with mortgage payments plus child support—a tough outcome.
Just because a couple isn’t fully aligned in their late twenties doesn’t mean it’s a disaster. But at least both should be aware that without a solid compromise that both firmly support, it won’t work out in other future matters either.
rulor1992 schrieb:
Very sensible comment.
I didn’t bring up the topic again a few weeks ago, nor can anyone afford to question connections when they have no knowledge at all... That’s something the “Bänger” likes to do, most just ignore it. You can also mute people, just a tip 🙂
H
HilfeHilfe9 Jan 2021 14:27Deadree schrieb:
The "Bänger" likes to do that, most just ignore it. You can also mute people, just a tip 🙂 Yes, because many cannot handle the truth. I started in sales myself. The pressure and stress ruin a lot. At the latest when you realize, "oops, I didn’t mean that, just him." Such a project must be based on a healthy foundation of trust.
HilfeHilfe schrieb:
Yes, because many people cannot handle the truth. I started in sales myself. The pressure and stress destroy a lot. At the latest when you realize, “Oops, that’s not what I intended.” Such a project must be based on a healthy foundation of trust. That may be true, but the way you often talk to people has nothing to do with “not being able to handle the truth.” Other people’s relationships are none of your business. That is something the original poster has to figure out for themselves.
H
HilfeHilfe9 Jan 2021 14:49Deadree schrieb:
That’s probably true, but the way you often speak to people no longer has anything to do with “not handling the truth.” Other people’s relationships are none of your business. That’s something the original poster has to decide for themselves. How do I talk to them? Directly and honestly without being insulting. Anyone who wants a rosy opinion should find a commission-driven advisor. Definitely have a lawyer as a mediator later on if needed.
HilfeHilfe schrieb:
How should I talk to them? Direct and honest without being offensive. Anyone who wants a rose-colored opinion should find a commission-hungry advisor. Definitely involve a lawyer later if needed.That’s a matter of opinion.