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)
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Neubau20224 May 2022 11:51Mahri23 schrieb:
So it seems your meter cabinet is still missing as well? That wouldn’t be ideal... Is there no delivery date for that either?I spoke with the electrician today. The delivery time is currently 10-12 weeks. No one knows why. The order was placed several weeks ago.
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Neubau20224 May 2022 12:19Mahri23 schrieb:
What do you need for an electrical meter cabinet? Please email me the exact details—size, rows, and if possible the exact model designation. Maybe I can ask a friend about an alternative option. 😉 Thanks. I’ll check whether the electrician is open to that.
Feel free to generally ask your friend about the delivery times for electrical meter cabinets with him...
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Neubau20224 May 2022 13:05Tolentino schrieb:
Well, I’m saying it as a last resort!
You can usually connect quite a few extension cords and power strips to the temporary construction power.
You won’t need heating until September anyway. Only being without hot water is inconvenient... To be honest, it’s not really a financial issue for us. The rent is €564 (about $615) including utilities. Even when paying both the mortgage and rent at the same time, we can still save well over €1,000 (about $1,090) per month. It’s more about the timing. My wife and daughter both have vacation from July 7 to August 21. Moving in by the end of July would be ideal. I’ve set aside three weeks of vacation for the move, which I have quite a bit of flexibility to take.
We’ll manage it 😎
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