ᐅ House Construction: Prefabricated House or Solid (Masonry) House? Experiences and Price Range
Created on: 10 Jun 2022 16:50
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ollininjo
Hello everyone,
We have been looking into the topic of building a house for several months now. Unfortunately, we are quite new to this field and are not familiar with all the details. Of course, we have read a lot and searched online, but you often come across different information, especially older and not so up-to-date sources.
We have a plot of land in the city that we are considering. It is about 830 m2 (0.2 acres) including partial utility connections. The cost of the plot is 130,000 euros, and of course, you need to add property transfer tax, notary fees, and land registry costs (anything else we might be forgetting?). Since the plot only has partial utility connections, all the connections are apparently in front of the street because the land was subdivided. So, naturally, there will be additional development costs; we estimate around 10,000 euros. Overall, we would be looking at about 150,000 euros for the land, which is fine so far.
Now comes the house. We are leaning more towards a prefab house since a custom architect-designed home requires a lot of work, right? I have, of course, checked out several providers, and the prices are always quite attractive. We are assuming a 150 m2 (1,615 square feet) prefab house, which shows a price of 380,000 euros including all the services the provider offers. This is assuming a turnkey package. What other costs should we expect? I assume garage and landscaping are obvious extras, but are there other expenses we should factor in? Perhaps someone here has experience with this kind of build and could help us.
We would like to have a rough estimate to see if many additional costs might come up since, otherwise, the total would exceed 600,000 euros for a 150 m2 prefab house, which seems a bit unclear to me.
Thanks in advance to everyone!
We have been looking into the topic of building a house for several months now. Unfortunately, we are quite new to this field and are not familiar with all the details. Of course, we have read a lot and searched online, but you often come across different information, especially older and not so up-to-date sources.
We have a plot of land in the city that we are considering. It is about 830 m2 (0.2 acres) including partial utility connections. The cost of the plot is 130,000 euros, and of course, you need to add property transfer tax, notary fees, and land registry costs (anything else we might be forgetting?). Since the plot only has partial utility connections, all the connections are apparently in front of the street because the land was subdivided. So, naturally, there will be additional development costs; we estimate around 10,000 euros. Overall, we would be looking at about 150,000 euros for the land, which is fine so far.
Now comes the house. We are leaning more towards a prefab house since a custom architect-designed home requires a lot of work, right? I have, of course, checked out several providers, and the prices are always quite attractive. We are assuming a 150 m2 (1,615 square feet) prefab house, which shows a price of 380,000 euros including all the services the provider offers. This is assuming a turnkey package. What other costs should we expect? I assume garage and landscaping are obvious extras, but are there other expenses we should factor in? Perhaps someone here has experience with this kind of build and could help us.
We would like to have a rough estimate to see if many additional costs might come up since, otherwise, the total would exceed 600,000 euros for a 150 m2 prefab house, which seems a bit unclear to me.
Thanks in advance to everyone!
O
ollininjo15 Jun 2022 21:09Tolentino schrieb:
Normally, the buyer chooses the notary they prefer and can ask them any questions. After all, the buyer is the one paying for it. As I said, we haven’t gotten that far yet. Today I met the owner, looked everything over again, and expressed my interest. Now I just have these questions in my mind that are holding me back. But you’re right.
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WilderSueden15 Jun 2022 21:55The notary is not just a stamp clerk (even though many purchases are, strictly speaking, no more than stamping) but your advisor. And get used to having to research everything yourself. It doesn’t get any easier when building a house. You also have to make countless decisions where the devil is in the details.
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fromthisplace15 Jun 2022 22:35Tolentino schrieb:
However, to have full legal certainty, you also need an entry in the register of easements. Essentially, this is a burden on the other owner’s property, requiring them to keep this strip clear!
The land register involves private law, while the easement is public law. You need both! This (partial) post is once again a highlight of the forum, and the original poster should, figuratively speaking, at least kiss your feet for this.
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ollininjo15 Jun 2022 23:33Well, I think something smells seriously wrong here.
ollininjo schrieb:
the real estate agent will never sell anything again The real estate agent does not actually sell anything! They only act as an intermediary. They don’t need to have any particular knowledge either. If they are average, they can only pass on what the seller tells them.
ollininjo schrieb:
well, I think there is something seriously wrong here What exactly do you think is wrong? Please share your thoughts.
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ollininjo16 Jun 2022 00:00ypg schrieb:
The real estate agent doesn’t sell anything! They only mediate. They don’t need to have any knowledge either. If they are average, they can only repeat what they know from the seller.
What exactly should smell? Share your thoughts. The property deed and the entire lot—I just saw the aerial images from the cadastre; everything behind it belongs to the same owner.