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)

Grundriss eines Hauses: Wohnzimmer, Küche, Schlaf-/Kinderzimmer, Bad, Flur, Terrasse.
Tolentino17 Nov 2021 08:12
Use the excavation material for backfilling; that saves topsoil which you would otherwise need. Or is your soil that poor?
T
Tom1978
17 Nov 2021 08:25
Tolentino schrieb:

Use the excavated soil for backfilling; that saves on topsoil which you would need to bring in. Or is your soil that poor?

It’s basically forest soil. It’s not the best for creating a garden. It’s supposed to be quite acidic. Even though the neighbor managed to create a garden without removing or adding soil (he’s a gardener and managing director of a landscaping company), I don’t really feel confident doing that myself.

I will discuss with the earthworks contractor whether it’s possible to mix the excavated soil with topsoil so that at least we can avoid hauling the soil away and reduce the amount of material that needs to be brought in...
Nida35a17 Nov 2021 08:30
Tom1978 schrieb:

Even though the neighbor managed to create a garden without any excavation or filling (he is a gardener himself and managing director of a landscaping company), I don’t really feel confident doing that myself.

Ask and talk to the neighbor; he could be the best advisor with his experience in designing a garden.
Maybe he has an apprentice, and your garden could be their journeyman project 😎
T
Tom1978
17 Nov 2021 08:32
Nida35a schrieb:

Ask and talk to the neighbor; they could be the best advisor, with experience in creating a garden.
Maybe they have an apprentice, and your garden could be the final project 😎

I have spoken with him many times. We have a very good relationship 🙂 However, he said he doesn’t give advice because if it doesn’t work out, he doesn’t want to be held responsible 🙂
Nida35a17 Nov 2021 08:41
Is the construction road located on the future driveway/access? This can save a lot of work during dismantling, and the driveway will be much more stable.
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Tom1978
17 Nov 2021 08:51
Nida35a schrieb:

Is the construction path located where the driveway/access will be later?
This can save a lot of work during dismantling, and the driveway will be much more stable.

Yes, that was the plan—to position the construction path so that it can later be used as the driveway. The earthworks contractor will build the driveway (main road -> start of the property).