Hi,
I have a budget of about 170,000 euros for a fully finished, move-in-ready house. I can install the electrical wiring and plumbing myself, and I also plan to do the drywall and tile or flooring installation on my own.
My uncle can install the windows for me, if that would significantly reduce the price.
The plot of land is already owned and does not need to be considered.
What is important to me:
Ground floor:
Open-plan living, dining, and kitchen area (with a corner layout)
Separate entrance hall (completely enclosed with a small entry area including a chest of drawers; staircase located within the entrance hall to avoid cold air spreading downstairs or upstairs)
Guest toilet with shower
Study (which could later be converted into a bedroom if needed, for example, when it becomes difficult to use the stairs in old age)
Utility room or storage room
Upper floor:
2 children's bedrooms
Master bedroom with an adjacent walk-in closet area or wardrobe niche
Bathroom with a shower, bathtub, and double sink
The house should have a full basement.
Basement:
Heating room
Laundry room (preferably adjacent to the heating room)
Storage room
An empty room for a potential workshop or hobby room
Would I be better off with a prefabricated timber frame house, or can I afford a solid masonry house?
My uncle will also provide a custom-made kitchen for material costs only. I would only need to buy the appliances.
I just want a solid house with decent features, nothing like a luxury villa.
Thanks for your help.
Regards,
Michael
I have a budget of about 170,000 euros for a fully finished, move-in-ready house. I can install the electrical wiring and plumbing myself, and I also plan to do the drywall and tile or flooring installation on my own.
My uncle can install the windows for me, if that would significantly reduce the price.
The plot of land is already owned and does not need to be considered.
What is important to me:
Ground floor:
Open-plan living, dining, and kitchen area (with a corner layout)
Separate entrance hall (completely enclosed with a small entry area including a chest of drawers; staircase located within the entrance hall to avoid cold air spreading downstairs or upstairs)
Guest toilet with shower
Study (which could later be converted into a bedroom if needed, for example, when it becomes difficult to use the stairs in old age)
Utility room or storage room
Upper floor:
2 children's bedrooms
Master bedroom with an adjacent walk-in closet area or wardrobe niche
Bathroom with a shower, bathtub, and double sink
The house should have a full basement.
Basement:
Heating room
Laundry room (preferably adjacent to the heating room)
Storage room
An empty room for a potential workshop or hobby room
Would I be better off with a prefabricated timber frame house, or can I afford a solid masonry house?
My uncle will also provide a custom-made kitchen for material costs only. I would only need to buy the appliances.
I just want a solid house with decent features, nothing like a luxury villa.
Thanks for your help.
Regards,
Michael
I don’t think anyone here wants to ruin your dream. It’s just that construction costs have partly increased due to the low interest rates.
I also underestimated this, not to your extent, but by several thousand. Thanks to some tips from the forum, I planned for a larger financial buffer.
Nothing is worse than a dream turning into a nightmare.
I don’t know where you got those figures from, but question everything. I don’t think that includes the foundation slab, nor the other items Manu1976 listed.
I also underestimated this, not to your extent, but by several thousand. Thanks to some tips from the forum, I planned for a larger financial buffer.
Nothing is worse than a dream turning into a nightmare.
I don’t know where you got those figures from, but question everything. I don’t think that includes the foundation slab, nor the other items Manu1976 listed.
MichiQM schrieb:
Now seriously,......why don’t you just take some time to read through the forum?
Your topic is discussed here from all angles: how much more expensive this is, how much that costs, what you can or must give up...
We can’t start from scratch every day. I somehow expect that people at least know the difference between male and female if they want to explain something... and then the thought quickly comes up that the asker is not serious.
Manu1976 schrieb:
Is the question actually serious? Today is April 1st, after all????The question was asked yesterday
OK, here’s another attempt at a serious response (there have already been a few serious answers before).
1) First, the question is whether the plot is fully serviced or what still needs to be done (this can easily add up to 20,000). The soil conditions can also make a huge difference.
2) Logically (actually just a small point): Why include a utility room if a basement is planned?
3) I think the amount of self-construction is overestimated. Doing electrical and plumbing work yourself is only possible to a very limited extent (assuming you are not a certified electrician or plumber). Installing windows yourself is definitely out of the question. This will void any warranty on the house and disrupt the construction schedule.
4) ONE house is possible with that budget. The question is WHAT kind of house:
If you remove the basement, the external staircase, the guest room, and the walk-in closet, then it starts to become realistic. Of course, this won’t be a custom-designed house but more or less the simplest off-the-shelf model, with few extras and about 100+ square meters (around 1,076+ square feet). Why have a basement at all? A basement is built if you need the space or if you can afford it (and the additional costs due to slope or foundation depth are low). As storage space, you can possibly use the attic or, if money is available (which I don’t see), add a garage later on.
Have a look at offers for simple shell houses (basic finish homes). This will show you what kind of self-construction is possible and where potential savings might be. But you have to calculate the costs and time required realistically. With all the interior finishing work, you can be occupied full-time for months.
1) First, the question is whether the plot is fully serviced or what still needs to be done (this can easily add up to 20,000). The soil conditions can also make a huge difference.
2) Logically (actually just a small point): Why include a utility room if a basement is planned?
3) I think the amount of self-construction is overestimated. Doing electrical and plumbing work yourself is only possible to a very limited extent (assuming you are not a certified electrician or plumber). Installing windows yourself is definitely out of the question. This will void any warranty on the house and disrupt the construction schedule.
4) ONE house is possible with that budget. The question is WHAT kind of house:
If you remove the basement, the external staircase, the guest room, and the walk-in closet, then it starts to become realistic. Of course, this won’t be a custom-designed house but more or less the simplest off-the-shelf model, with few extras and about 100+ square meters (around 1,076+ square feet). Why have a basement at all? A basement is built if you need the space or if you can afford it (and the additional costs due to slope or foundation depth are low). As storage space, you can possibly use the attic or, if money is available (which I don’t see), add a garage later on.
Have a look at offers for simple shell houses (basic finish homes). This will show you what kind of self-construction is possible and where potential savings might be. But you have to calculate the costs and time required realistically. With all the interior finishing work, you can be occupied full-time for months.
OK, I have now read through your other posts.
I think I have a better overall picture.
You are still very young and early in your career. If you are still in the middle of your studies, I wouldn’t commit to one location yet.
You don’t know where your career will take you or how stable it will be.
At this age, a lot in life is still changing.
I don’t know your reasons for wanting to build right now.
But if it’s just the low interest rates, that’s not a good reason to build at the moment.
My recommendation would really be to save or alternatively buy a condominium / apartment that fits your current income. Ideally in an area where property prices are not declining, and then possibly sell the apartment later on when you are settled professionally and personally, using the equity as a down payment.
That’s just a tip—if you still want to go ahead no matter what, no one here can help you anymore.
I think I have a better overall picture.
You are still very young and early in your career. If you are still in the middle of your studies, I wouldn’t commit to one location yet.
You don’t know where your career will take you or how stable it will be.
At this age, a lot in life is still changing.
I don’t know your reasons for wanting to build right now.
But if it’s just the low interest rates, that’s not a good reason to build at the moment.
My recommendation would really be to save or alternatively buy a condominium / apartment that fits your current income. Ideally in an area where property prices are not declining, and then possibly sell the apartment later on when you are settled professionally and personally, using the equity as a down payment.
That’s just a tip—if you still want to go ahead no matter what, no one here can help you anymore.
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