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)
I was quite surprised during the appointment (due to my lack of expertise :-) ) that the earthworks contractor and the general contractor put so much thought into the heights and also included the further exterior planning. This means that the house will be built at street level (with a slight slope towards the street, of course) and the house that is already built on the right side was also considered in the planning. I would have just dug, put in the slab, and placed the house on top 😎 You never stop learning...
Well, the absolute elevation above sea level is also part of the building permit application. They really shouldn’t build any other way now.
My site manager even handled that, but mine didn’t discuss it with me at all. I would have preferred it to be a bit lower.
Oh well, what can you do.
My site manager even handled that, but mine didn’t discuss it with me at all. I would have preferred it to be a bit lower.
Oh well, what can you do.
Tolentino schrieb:
Well, the absolute height above sea level is also part of the building application. They probably aren’t allowed to build differently now.
Even my construction manager did it, but mine didn’t discuss it with me at all. I would have preferred it a bit lower.
Oh well, what can you do. Yes, that’s clear to me now. But as a client, you don’t really have an idea of everything that needs to be considered.
Tolentino schrieb:
Yes, once you realize how much needs to be decided in advance, you truly understand the importance of having a reliable professional partner guiding you through the process.In our experience with our general contractor, I also noticed that you often have to follow up on many things and ask a lot of questions. Even though it can be frustrating, building a house is usually the biggest investment you make in your life (apart from children :-) ). While the general contractor’s work seems flawless (according to reports from other homeowners as well as independent construction supervisors), there is still room for improvement in communication.