Hello everyone,
It’s been a while, and fortunately, I’ve learned a lot since then, also thanks to many justified skeptical opinions.
Since we didn’t get the plot last year, our application for a new 555 m² (approximately 6,000 sq ft) plot under the local resident allocation model is currently with our local market. The decision on whether we will be allocated one this time will be made in September, but things look promising!
As land prices here have increased by more than €50 per m² (approximately $5 per sq ft) since last year, our budget has naturally been expanded. Our current target and maximum spending limit is €400,000 (including equity), preferably less, but that’s where we stand at the moment.
A basement is not feasible from a cost perspective, so we have decided on a single-family house with around 140–160 m² (approximately 1,500–1,700 sq ft) and a double garage with an adjoining annex at the back for garden furniture and such. Of course, it’s possible the double garage will become a single garage with a carport, but that will become clearer during detailed planning as we look for some savings to invest money better elsewhere.
Currently, we are considering between Danwood (a prefabricated house KfW70 standard) — with which two of our friends have had good experiences — and an Austrian Passive House with even greater energy efficiency due to new and special insulation.
Here is roughly my cost breakdown, now much more realistic than it was a year ago. Maybe some of you might find something that stands out.
Land: €122,100
Notary: €2,500
Property transfer tax: €1,500
Water connection: €500
Water meter connection/end device: €702
Electricity: €1,500
Telecom: €500
Multi-utility connection: €1,500
Building survey: €2,000
Building permit/planning permission application: €4,000
Grounding/earthing: €1,000
Official fees: €1,000
Multi-utility connection: €1,000
Construction electricity / water: €500
Site toilet: €250
Debris container: €900
Earthworks: €8,000
Double garage with side room and foundation slab: €20,000
Landscaping / exterior work: €8,000
Prefabricated house Danwood: €205,000 after material selection, including foundation slab
Best regards,
Dirk
It’s been a while, and fortunately, I’ve learned a lot since then, also thanks to many justified skeptical opinions.
Since we didn’t get the plot last year, our application for a new 555 m² (approximately 6,000 sq ft) plot under the local resident allocation model is currently with our local market. The decision on whether we will be allocated one this time will be made in September, but things look promising!
As land prices here have increased by more than €50 per m² (approximately $5 per sq ft) since last year, our budget has naturally been expanded. Our current target and maximum spending limit is €400,000 (including equity), preferably less, but that’s where we stand at the moment.
A basement is not feasible from a cost perspective, so we have decided on a single-family house with around 140–160 m² (approximately 1,500–1,700 sq ft) and a double garage with an adjoining annex at the back for garden furniture and such. Of course, it’s possible the double garage will become a single garage with a carport, but that will become clearer during detailed planning as we look for some savings to invest money better elsewhere.
Currently, we are considering between Danwood (a prefabricated house KfW70 standard) — with which two of our friends have had good experiences — and an Austrian Passive House with even greater energy efficiency due to new and special insulation.
Here is roughly my cost breakdown, now much more realistic than it was a year ago. Maybe some of you might find something that stands out.
Land: €122,100
Notary: €2,500
Property transfer tax: €1,500
Water connection: €500
Water meter connection/end device: €702
Electricity: €1,500
Telecom: €500
Multi-utility connection: €1,500
Building survey: €2,000
Building permit/planning permission application: €4,000
Grounding/earthing: €1,000
Official fees: €1,000
Multi-utility connection: €1,000
Construction electricity / water: €500
Site toilet: €250
Debris container: €900
Earthworks: €8,000
Double garage with side room and foundation slab: €20,000
Landscaping / exterior work: €8,000
Prefabricated house Danwood: €205,000 after material selection, including foundation slab
Best regards,
Dirk
Jochen104 schrieb:
Hello Dirk,
what about the painting, flooring, furniture (especially the kitchen), curtains, and contingency? Hi Jochen, a contingency of about 20,000 is planned.
Most of the furniture will be taken from our 120 m² (1,292 sq ft) apartment since most items are less than one year old.
Other items, such as the master bedroom set, wardrobe, as well as the couch, TV wall unit, and kitchen, will be paid for in cash by us.
Regarding the painting and flooring, these are INCLUDED as FIXED items in the Danwood price mentioned above.
The price quoted refers to a turnkey build, move-in ready with stairs, doors, windows, parquet / tile or wooden floors, but no carpets.
B
backbone2313 Jul 2015 11:06Shouldn't the property transfer tax be around €4,300 (approximately $4,700)?
backbone23 schrieb:
Shouldn't the property transfer tax be around €4,300 (approximately $4,700)? Correct, it was copied incorrectly from the table, but thanks.
DDre schrieb:
Regarding the painting work and floor coverings, these are FIXED and included in the Danwood price mentioned above.
The price above refers to a turnkey ready, turnkey move-in ready with stairs, doors, windows, parquet / tile wooden floors, no carpets. Yes, I just wanted to make sure you are aware of these points.
There are quite different definitions of turnkey. I have never seen one that means you only need to lock the door and move in.
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