ᐅ Budget Planning. Cost Estimation

Created on: 18 Sep 2014 20:05

Hello, after months of comparing and obtaining several quotes, we think we have found the right solution. It will be a prefabricated house.

What still concerns me is whether we have budgeted the costs correctly.

Budget: 370,000€
House offer with foundation slab (we do not want a basement):
192,000€ for 146m² (1571 sq ft) with some work to be done by ourselves (flooring, wallpapering, plumbing fixtures, floors, doors)
Material for self-performed work, according to the house provider: 13,000€ (seems a bit low to me?)
Additional cost for possible upgrades to the standard house features: 5,000€
Land with notary fees: 96,500€
Additional construction-related costs (site services, permits, etc.): 30,000€
Kitchen: 10,000€
Furniture: we already have everything
Garage: not planned for now
Heater or stove: no idea, estimated 1,000€
This leaves 35,000€ for other expenses (terrace and garden work to be done ourselves).
Is this realistic?

toxicmolotof19 Sep 2014 08:24

#13

Do you mean a cooking island or a grease island? We also considered having something like that for a while but decided against it during the planning process.

Jaydee19 Sep 2014 09:33

#14

Our kitchen cost €11,500. It’s a branded kitchen from Schüller, with a prep island. When I see how many grease splatters are behind the cooktop, I’m glad they’re not all around the island. You actually spend much more time chopping and preparing than cooking and frying.

Modern white fitted kitchen with island, knife block, and appliances.

Have you already done a soil survey? Because of our soil conditions, we had to invest an additional €10,000 in ground stabilization. That’s something you shouldn’t overlook. This brought our additional costs up to €40,000.

Doc.Schnaggls19 Sep 2014 09:42

#15

Jaydee schrieb:
With a prep island. When I see how many grease splatters I have behind the cooktop, I’m glad I don’t have them all around the island. You spend much more time chopping and prepping than cooking and frying anyway.

Absolutely right.

For exactly this reason, we are getting a "prep half-island" with a counter extending around the corner.

Since the counter was fixed for us, we decided to place the cooking area along a different wall because we didn’t want the grease splatters. Also, the range hood would have significantly obstructed the line of sight.

Pompeya19 Sep 2014 09:45

#16

So, for €11,500 (about $12,600), the kitchen is great; it fully meets our needs. So, we’re not that far off after all. As I said, we have connections for appliances since some relatives work with Miele.

€40,000 (about $43,700) for additional construction costs? Wow... but I guess that’s not the standard. We haven’t had a soil survey yet, but I thought that a budget of €30,000 (about $32,800) would be a reasonable average.

Doc.Schnaggls19 Sep 2014 09:50

#17

Pompeya schrieb:
40,000€ additional construction costs? Wow... but I guess that’s not the standard. No soil survey yet, but I thought that with 30,000€ we are pretty much average

Hello Pompeya,

I do think that amount is close to the average.

Take a look at the breakdown from Bauexperte here in the forum:

https://www.hausbau-forum.de/threads/liste-der-baunebenkosten.9737/

It gives you a very good overview.

We were also quite surprised by how many additional costs come up...

Best regards,

Dirk

Icemann19 Sep 2014 10:02

#18

Hi,
So a kitchen is possible for that price, you just have to look carefully and be willing to negotiate.
What I find missing in the breakdown are the taxes?
Regards

ᐅ Budget Planning. Cost Estimation

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