ᐅ Price Increase – Our Construction Company Wants 21.4% More

Created on: 7 Sep 2021 16:10
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Pinkiponk
I am honestly shocked right now. Our construction company just informed me that they want 21.4% more money due to price increases in the building industry. At the moment, I am still stunned and can’t think clearly.
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Schipa88
9 Sep 2021 13:41
Stephan— schrieb:

Here’s a bit of input from someone not building with a general contractor.

Offer from January to August 2021 for the shell of a single-family house, 171m2 (1840 sq ft)
minimum 1.8%, maximum 35% increase, average 12.6%. Steel, concrete, and wood are the major cost drivers.

Brandenburg, east of Berlin.

Question:
You received an offer in January for the shell work including prices for steel, concrete, etc., right?
So why is it becoming more expensive now if you accepted the offer?
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exto1791
9 Sep 2021 13:50
What exactly is included in the cost per square meter? Should I also count the square meters of the usable basement?

Kitchen, exterior landscaping in the service phase, complete additional construction costs such as structural engineering approval, civil engineering, etc.?
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danielohondo
9 Sep 2021 13:52
Regarding the price per square meter.
At the moment, a semi-detached house is being offered in our region (Westpfalz) by the developer. I have excluded additional costs and the land price. This results in 2300€ per square meter (approximately $250 per square foot). Without exterior landscaping, of course.

The property is still under construction.
We are currently just starting to look for a general contractor.
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HausTmMike
9 Sep 2021 14:05
Does a chimney actually count as ancillary building costs, or is it included in the price per square meter?
A masonry stove costing 15,000 to 20,000 euro can make a significant difference.
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Tom1978
9 Sep 2021 14:15
HausTmMike schrieb:

Does a chimney count as additional construction costs, or is it included in the price per square meter?
A masonry stove costing 15,000–20,000 (approx.) can make a big difference.

These are exactly the kinds of questions about what is included and how to compare costs.

The following items are included in our case:

- Electric roller shutters
- 10 m3 (350 ft3) rainwater cistern
- Photovoltaic system (13.29 kWp)
- Mechanical ventilation with heat recovery
- Increased structural height of 3.00 m (9 ft 10 in)
- Chimney including flue
- Windows with double-sided coating
- Etc.

There are so many components that can be added or excluded. That makes a meaningful comparison difficult because prices would need to be standardized.
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user-d29
9 Sep 2021 14:16
HausTmMike schrieb:

Is a chimney usually considered an additional construction cost, or is it included in the cost per square meter?
Additional costs are expenses incurred alongside the main construction. A chimney is built as part of the house. So, to answer your question: Yes, it is naturally included in the construction costs, just like a luxury bathroom or KNX system.