ᐅ KfW40, Funding Program 300 "Low-Income Households"

11ant schrieb:

Why is that? – This forum actually offers something for everyone, even for casual readers. EH40 and low-income earners is a combination that can work, especially thanks to the “magic ingredient” of government incentives. Low-income earners and homeownership can go together if one is willing to accept a needs-oriented building standard, including downscaled expectations regarding size. However, EH40 – in times of a building energy standard close to EH55 – is still considered "avant-garde," a target which, back in my youth, would have been called “eco-social”; meaning it is probably viewed as a goal more appropriate for more affluent groups. Given that, I am surprised by the choice of a detached single-family house, where at least a semi-detached house would probably make more sense. Also, it appears to me – even though the floor area breakdown is not entirely clear – that with a current monthly cold-to-warm rent difference of EUR 100, there is a clear push toward increasing living space per person, and therefore it’s not really about “building the future of the planet through self-restraint” (?); so I would say: 110 sqm (1,184 sq ft) at building energy standard might contribute more than 140 sqm (1,507 sq ft) at EH40...

...and wouldn’t it be better to create an additional pension contributor – preferably a vegan one, of course (?)

I always appreciate local general contractors (GCs) – however, EH40 can be done better by timber specialists, while recommended local GCs are usually bricklayers.

HausNummer 9 schrieb:

These are the costs our general contractor provided. The construction cost estimate includes earthworks, the foundation slab, and also soil surveys, etc. The only additional utility costs remaining were the electricity and water connections.

WilderSueden schrieb:

My general contractor said something similar back then. In the end, additional costs always come up. Starting with the fact that besides electricity and water, you’ll probably want internet as well (the utility company charges 2,500€), then gravel for the construction access road, drying equipment, and also electricity consumption, which was noticeably higher than expected. These are usually not the really big items, but small expenses can add up.

I don’t see a budget for contingencies on your side.

10,000€ for landscaping is possible, but only if you use inexpensive materials, do all the work yourself, and the terrain is cooperative. A retaining wall is not included in that budget. It’s best to calculate this carefully, for example, x square meters of paving stones at xx €/sqm (don’t forget delivery costs), y tons of gravel for the base at yy €/t, rental equipment, garden shed, plants (which are easily underestimated!), and so on. Then add a buffer for everything you might have forgotten.

Cars are estimated far too cheaply. No budget for maintenance, repairs, or replacements.

Don’t forget to budget for all the little things that come with moving from an apartment to a house. Our goal was to make do with existing furniture, but you still need some extras. Plus garden tools, tools in general (especially if you’re doing landscaping work yourself), … all small stuff, but it really adds up.

-LotteS- schrieb:

KfW40 is often a break-even game regarding the additional costs compared to the interest savings.