ᐅ Procedure for Building a New Single-Family Home on an Existing Plot of Land
Created on: 18 Nov 2022 07:55
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Dachshund90
Hello everyone,
I know no one has a crystal ball here, but I would still like to hear your opinions:
We have just purchased a plot of land in Hesse, currently live cheaply, and have no urgent time pressure to build (although sooner is always better), except for the 5-year building obligation required by the municipality, which, however, can be extended by 1-2 years for justified reasons. We have slowly started planning and would like to possibly have the completed plans along with the building permit for our new single-family home ready to go, so we can react relatively quickly.
My assessment is that construction prices and interest rates will change little in 2023, even if they might stabilize at a high level. How 2024 or 2025 will look, of course, no one knows. But what is your feeling:
1. Rush the planning and possibly take advantage of a small "interest dip" in 2023 for financing and start with the belief that neither interest rates nor prices will significantly fall in the medium term, and waiting is just lost time.
2. Plan completely calmly, continue to build up equity, and assume that conditions for a new build may improve by the end of 2024 or possibly 2025.
If things become more concrete soon, I would be happy to provide more information for planning and share your feedback.
I welcome any questions and opinions 🙂
Best regards
I know no one has a crystal ball here, but I would still like to hear your opinions:
We have just purchased a plot of land in Hesse, currently live cheaply, and have no urgent time pressure to build (although sooner is always better), except for the 5-year building obligation required by the municipality, which, however, can be extended by 1-2 years for justified reasons. We have slowly started planning and would like to possibly have the completed plans along with the building permit for our new single-family home ready to go, so we can react relatively quickly.
My assessment is that construction prices and interest rates will change little in 2023, even if they might stabilize at a high level. How 2024 or 2025 will look, of course, no one knows. But what is your feeling:
1. Rush the planning and possibly take advantage of a small "interest dip" in 2023 for financing and start with the belief that neither interest rates nor prices will significantly fall in the medium term, and waiting is just lost time.
2. Plan completely calmly, continue to build up equity, and assume that conditions for a new build may improve by the end of 2024 or possibly 2025.
If things become more concrete soon, I would be happy to provide more information for planning and share your feedback.
I welcome any questions and opinions 🙂
Best regards
H
hanghaus20239 Feb 2023 12:23Here is the view with the street marked.
The finished floor level of the basement is 476.75 m (1,564 ft). That’s going to be quite deep for the lower level!
The garage does not comply with the Hesse building regulations.
The finished floor level of the basement is 476.75 m (1,564 ft). That’s going to be quite deep for the lower level!
The garage does not comply with the Hesse building regulations.
H
hanghaus20239 Feb 2023 12:2511ant schrieb:
I have to rank this as number 2 in my list of the most impractical reference point definitions :-(According to the contour lines, it comes out to about 498.75 m (1635.5 ft).D
Dachshund909 Feb 2023 12:26hanghaus2023 schrieb:
Here is the view with the street drawn in.
[ATTACH alt="Ansicht1.jpg"]78111[/ATTACH]
The finished floor level of the basement is 476.75 m (1563 ft). The lower level will be quite deep!
The garage cannot comply with the Hessian building regulations.496.75? The real question is how easily you can have level access from the basement...
H
hanghaus20239 Feb 2023 12:47The ceiling height in the basement can still be reduced slightly. At least, surface water can be directed to the lowest point of the property.
H
hanghaus20239 Feb 2023 12:53What does the building authority say about the planned garage?
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Dachshund909 Feb 2023 14:10hanghaus2023 schrieb:
The ceiling height in the basement can still be reduced a bit. At least surface water can be drained to the lowest point on the property.So you mean it could work well to have level access from the laundry room and hobby room directly into the garden without needing to go "uphill"?hanghaus2023 schrieb:
What does the building authority say about the planned garage?No idea, I only have a preliminary design so far.Similar topics