ᐅ Building on a Tight Budget: Is It Possible?

Created on: 29 Dec 2020 21:11
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SumsumBiene
Hello,

Actually, we have been looking for an existing property since last summer. According to our mortgage broker, we have a budget of around 300,000 (all-in), which a bank is likely to approve.
The market here in Schleswig-Holstein has also become very tight, and the houses on offer are often in need of renovation, so you easily exceed the budget (especially since many city dwellers laugh at our house prices and like to secure a holiday home here).
Now the question is whether it would be possible to build a house within our budget (assuming we can get a building plot). Our requirements are not very high; it doesn’t need to be a huge house. 120 square meters (1300 square feet) would be completely sufficient.
In a neighboring village, plots are currently being developed. The price isn’t fixed yet but is expected to be below 100 euros per square meter. The plots are about 700 square meters (7500 square feet) in size. Unfortunately, we have no experience with this topic at all, and I definitely don’t want to miscalculate.
We can only contribute limited personal labor. We are not unskilled, but both fully employed with a child, dog, and horse. What are your thoughts?
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Myrna_Loy
9 Apr 2021 20:28
I hate underfloor heating. I only like it in the bathroom. What I find worst is having it in the dining area, where the heat builds up under the table during long dinners with a large group. I would prefer to choose radiators there. Instead, we have a wall heating system.
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Joedreck
9 Apr 2021 20:31
Myrna_Loy schrieb:

I hate underfloor heating. I only like it in the bathroom. The worst is in the dining area, where the heat gets trapped under the table during long dinners with a large group. I would prefer radiators there.
We have wall heating instead.

Then you either have incorrect settings or a house from 1970.
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Nordlys
9 Apr 2021 20:38
Joe, everyone is different; some people simply don’t like that. The radiator is just not obsolete yet.
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ypg
9 Apr 2021 20:56
Myrna_Loy schrieb:

I hate underfloor heating. I only like it in the bathroom. The worst is in the dining area, when the heat gathers under the table during long dinners with a big group. I would prefer radiators there.
We have wall heating instead.

That no longer happens with today’s heating systems and low flow temperatures.
Back then, feet would get swollen, and in the bathroom there was a return pipe system...

Wolf is good. We have never had any problems with it.
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pagoni2020
9 Apr 2021 21:04
SumsumBiene schrieb:

I would have thought by now this would be more or less standard.
What is standard is what works well for you.
In any case, so-called low standard is technically and functionally more than sufficient. Everything above that is usually a matter of taste, customary "standards," and so on — something you can have but don’t have to.
I have seen some really nice houses here that became quite stylish with a reasonably manageable budget, and I would move into them right away; but also quite expensive examples that I would rather just pass by.
If you really want to, you can save a lot of money... but usually, you don’t want to that much... 🤨
Hausbautraum20 schrieb:

Friends of mine built last year without underfloor heating, without a ventilation system, with a standard shower tray and tiles for 20€ and I also think the house looks nice ;-)
Yes, that’s how it’s possible!!!
Joedreck schrieb:

Then you either have the wrong settings or a house from 1970.
I feel the same way. We currently have underfloor heating, and compared to my former radiator-heated house, I would swap it right away. I think there are individual features with heating systems too that you might like more or less, just like everywhere else.
For me, a fireplace has to be in the house, and that is probably difficult with underfloor heating, as is spontaneous heating. What I really don’t like is the often-mentioned “venting,” meaning pushing warm air out, or you end up overheating; it’s also a bit strange that I pay for forced heating that I have to counteract by opening windows. Underfloor heating has some nice sides too... as always... this and that can work well for different people.
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evelinoz
10 Apr 2021 06:09
Hausbautraum20 schrieb:

I had to look up what "muntin windows" are, I’ve never consciously seen anything like that before. Here, everyone prefers as large glass surfaces as possible WITHOUT anything in between,

My daughter specifically rejected those large glass surfaces because she has often seen children unable to tell whether the 3m (10 feet) sliding door was open or closed and ran straight into the glass. That’s why she chose industrial-style windows, also because they don’t have the usual “mass” and are a design feature.

Modern open-plan kitchen with island, large black window frames and garden view.