ᐅ Building on a Tight Budget: Is It Possible?

Created on: 29 Dec 2020 21:11
S
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?
O
Olli-Ka
11 Apr 2021 04:57
Nordlys schrieb:

SH, where we are is on top.
... and that’s where people are the happiest.
Why do you think that is?
O
Olli-Ka
11 Apr 2021 05:12
kati1337 schrieb:

Everything that was no longer needed was sold off through classifieds. 😀
I can definitely recommend that – people underestimate how much cash you can make, plus it reduces the volume of your move. It’s much easier to live with lighter luggage.

Hello,
I just sold our kitchen to the next tenant.
The bedroom furniture and several shelves and small pieces of furniture were sold through Eba.. classifieds.
Currently, I’m only offering a bathroom furniture set, then I’ll be free of all the extra stuff.
Well, the wife is still here, but she’s not actually that bad 😀, I think I’ll take her back to the coast with me after all...
The clutter is gone, and I covered the moving costs and storage fees for six months.
These things would have needed to be replaced anyway.
Regards, Olli
O
Olli-Ka
11 Apr 2021 05:53
Nordlys schrieb:

Keep your hands off all the controls, okay? I agree. You can go to the valve by the door; that’s where you shut off the hot water when the solar system still has some heat in summer. You have to see when that works—maybe as early as Easter or only around May. Otherwise, everything runs automatically. It’s too warm inside the house to fiddle with the controls on the wall; that’s like fiddling with the Danfoss valve on the radiator. Understand? I agree again. And if anything happens, our phone number is on the sticker there. Anything else? Yes, I agree once more. Good, then we’re done. Have fun with the thing—it’s good and should work well for at least ten years. Just don’t play with it too much.

Wonderful, and I was just saying: “don’t talk nonsense”
Nordlys schrieb:

That’s true. Seeing what’s happening here on the Baltic Sea coast, we shouldn’t have waited a moment longer to buy and build. Land was 115, now 240. House was 200, now probably 250. Especially the land has more than doubled in four years. That’s not normal. Who’s driving the prices like this? Mainly Hamburg.

I paid 50k nine years ago in Schleswig-Holstein on the Baltic Sea, the architect now says it’s worth triple...
… did everything right.
Regards, Olli
P
pagoni2020
11 Apr 2021 10:31
11ant schrieb:

The untrained user calls it (in my opinion completely rightly) vaguely plain "broken" when some control device twitches spasmodically like a fluorescent tube starter a few weeks before failure. An essential requirement of a standard control system is to satisfy users well enough that at least the middle ninety percent of customers don’t even ask whether such a thing could be optimized. You shouldn’t lose sleep over any clicking switches, nor should you have to see from an energy bill that rocket technology was calibrated by a drunk. The need for a well-tempered home is so close to a basic right that it shouldn’t require academic qualifications. If my demands are "economy," the technology must simply “work,” rather than placing "advanced" qualification demands on the user. Everyday essential equipment must not be elitist; otherwise, it is not progress. Only if I as a customer explicitly want to be avant-garde should the device place demands on its owner.

I would have said it exactly the same way if nothing had come up during my final degree back then!
berny11 Apr 2021 10:46
Oh, you can also manage fairly well with just a secondary school diploma or a polytechnic school certificate...
Silver door threshold with black inscription Mccon GTS in a dark interior.
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pagoni2020
11 Apr 2021 12:10
berny schrieb:

Oh, you can get by fairly well even with just a basic secondary school or a polytechnic education...[ATTACH alt="B9E48138-9BF9-4CB7-A0C1-CDC496001394.jpeg"]59991[/ATTACH]

That’s what I’m saying!!!
If I had achieved that level, my progress would have been even faster, although I was referring exclusively to the ability to express things in a special way with words; so a picture doesn’t help me here. Is that a tile brand in the picture? I don't recognize it at all.....