ᐅ Construction of a 144 sqm bungalow in Fichtenwalde (near Potsdam)
Created on: 16 May 2021 18:56
A
Acof1978
Then I would also like to introduce our building project here and keep you updated.
First, a brief introduction about us. He (42.5 years; controller in healthcare), she (38.5 years; full-time teacher), child (8.75 years; fully dependent). Our household net income is currently about €6,400 (approximately $6,800) plus performance bonuses, 13th-month salary, overtime, etc. We own a 1,462 sqm (15,735 sq ft) plot of land in Fichtenwalde. The remaining debt on the land is €37,000 (about $39,000). According to official land value guidelines, the land is valued at €146,200 (about $156,000) (€100 / sqm). The market price is around €400,000 to €600,000 (recent sale prices). We submitted the building permit application including the land conversion at the end of December. We expect approval by mid to late July.
The construction company is KB Brandis from Jüterbog. External site supervision will be handled by Bauherrenhilfe with 13 appointments.
Now about the house. It will be a 144 sqm (1,550 sq ft) bungalow plus a 12 sqm (130 sq ft) covered terrace with the following additions:
- Ceiling height 3.00 m (9.8 ft)
- Electric roller shutters (including smart home integration)
- Double-sided laminated windows (wood-colored; RC3 security rating)
- Brine-to-water heat pump with ground collectors due to water protection area (Bosch Compress 7800i LW)
- Hydraulic balancing of the underfloor heating
- Controlled residential ventilation with heat recovery (Bosch)
- Motion detectors from a security company
- 13 kWp photovoltaic system, including battery preparation
- 10 m³ (2,650 gal) cistern for rainwater use
- Doorbell with video function
- Wallbox preparation for electric vehicle charging
- Exterior lighting
Floor plan attached.
We have not yet finalized financing (although discussions have taken place). So far, we have invested up to €30,000 (approximately $32,000) from our own savings during the planning phase. This is almost all of our equity. However, we continue to save about €2,750 (approximately $2,920) per month. The monthly mortgage payment is expected to be around €1,650 (about $1,750) plus additional costs of approximately €200-250 (about $210-265) (taking into account the photovoltaic system). This means when we move into the house, we will still have savings of at least €1,500 (about $1,590) per month.
The construction contract will be signed within the next few weeks. The prices (recently discussed with the company) correspond to the offer and commitment as of September 2020.
The price per square meter of the house (according to the latest offer and full specification) will be €2,700 (about $2,870). This includes everything, such as painting, flooring, etc. The overall costs are structured as follows:
House: €378,000 (about $402,000)
Land conversion including reclassification: €25,000 (about $26,600)
Additional building costs: €40,000 (about $42,500)
Outdoor facilities: €25,000 (about $26,600)
Total financing volume: €468,000 (about $498,000)
First, a brief introduction about us. He (42.5 years; controller in healthcare), she (38.5 years; full-time teacher), child (8.75 years; fully dependent). Our household net income is currently about €6,400 (approximately $6,800) plus performance bonuses, 13th-month salary, overtime, etc. We own a 1,462 sqm (15,735 sq ft) plot of land in Fichtenwalde. The remaining debt on the land is €37,000 (about $39,000). According to official land value guidelines, the land is valued at €146,200 (about $156,000) (€100 / sqm). The market price is around €400,000 to €600,000 (recent sale prices). We submitted the building permit application including the land conversion at the end of December. We expect approval by mid to late July.
The construction company is KB Brandis from Jüterbog. External site supervision will be handled by Bauherrenhilfe with 13 appointments.
Now about the house. It will be a 144 sqm (1,550 sq ft) bungalow plus a 12 sqm (130 sq ft) covered terrace with the following additions:
- Ceiling height 3.00 m (9.8 ft)
- Electric roller shutters (including smart home integration)
- Double-sided laminated windows (wood-colored; RC3 security rating)
- Brine-to-water heat pump with ground collectors due to water protection area (Bosch Compress 7800i LW)
- Hydraulic balancing of the underfloor heating
- Controlled residential ventilation with heat recovery (Bosch)
- Motion detectors from a security company
- 13 kWp photovoltaic system, including battery preparation
- 10 m³ (2,650 gal) cistern for rainwater use
- Doorbell with video function
- Wallbox preparation for electric vehicle charging
- Exterior lighting
Floor plan attached.
We have not yet finalized financing (although discussions have taken place). So far, we have invested up to €30,000 (approximately $32,000) from our own savings during the planning phase. This is almost all of our equity. However, we continue to save about €2,750 (approximately $2,920) per month. The monthly mortgage payment is expected to be around €1,650 (about $1,750) plus additional costs of approximately €200-250 (about $210-265) (taking into account the photovoltaic system). This means when we move into the house, we will still have savings of at least €1,500 (about $1,590) per month.
The construction contract will be signed within the next few weeks. The prices (recently discussed with the company) correspond to the offer and commitment as of September 2020.
The price per square meter of the house (according to the latest offer and full specification) will be €2,700 (about $2,870). This includes everything, such as painting, flooring, etc. The overall costs are structured as follows:
House: €378,000 (about $402,000)
Land conversion including reclassification: €25,000 (about $26,600)
Additional building costs: €40,000 (about $42,500)
Outdoor facilities: €25,000 (about $26,600)
Total financing volume: €468,000 (about $498,000)
Tom1978 schrieb:
The building permit / planning permission should have arrived by last week at the latest.What kind of reasons (excuses) are they giving you? Did they lose the required stamp? 😀
driver55 schrieb:
What arguments (excuses) do they have?
Did they lose the required stamp? 😀None. Today (office hours) no one could be reached. The 4-week deadline also expires this week...
In total, 3 months have now been wasted due to illness, vacation, and misplaced documents. If we worked like this in a hospital, people would die...
H
HausTmMike14 Sep 2021 21:23Tom1978 schrieb:
Yesterday, we visited other homeowners who are also building with the same general contractor. I mainly wanted to check out the plaster finish Q2. It was as smooth as a baby’s bottom—more like Q3 quality. The young couple (mid-20s) were quite impressive too. They don’t worry about things like we do; they just build or have it built. Their house is 188 m² (2,023 sq ft) with just the two of them, no mechanical ventilation system, no fireplace, and no extras. But it does have a garage. Everything is running smoothly for them. According to them, a big advantage with this contractor is that during construction, almost everything can be changed except for load-bearing walls.
So we remain very reassured about our decision to go with this general contractor and are (im)patiently waiting for the building permit / planning permission. You checked with a 2 m (6.5 ft) straightedge, right? Especially the corners, window reveals, and so on. How are the plaster guides installed?
From my experience, it’s a gamble which plastering crew shows up, unless you know them personally. I checked the plastering at the end of day 1 and gave each worker a $50 tip to keep them motivated to work neatly until the end.
You can easily save yourself 1–3 bills if they do a proper job.
HausTmMike schrieb:
Have you also checked with a 2m (6.5 ft) straightedge? Especially the corners, window reveals, and so on. How are the plaster guides installed, etc.
From experience, I can only say it’s a gamble which plastering team shows up, unless you know them personally.
When plastering finished at the end of day 1, I checked everything and tipped each worker $50. That way they stay motivated to work cleanly until the end.
It can easily save you 1–3 bills if they do a proper job. The general contractor always works with the same team. Yes, you have to check, but if necessary, everything is also fixed without any objections.
Tom1978 schrieb:
The general contractor always works with the same subcontractor. Yes, you have to keep an eye on things, but if necessary, everything is improved without any objections.Says the one who’s still waiting for the groundbreaking. 😀 Where can I get a crystal ball?
driver55 schrieb:
Says the one who is still waiting for the groundbreaking. 😀
Where can I get the crystal ball? Among the homeowners I have already visited, who are also building with the general contractor...