ᐅ 100 sqm basement for 150,000 euros?

Created on: 1 Jun 2017 13:56
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Pinno84
Hello everyone,

We want to build a two-story city villa with 100 sqm (1076 sq ft) of living space per floor.
Additionally, we would like a full basement if possible.
The first architect said he would have to charge 1,500.00 euros per sqm (approximately 140 USD per sq ft), which amounts to 150,000.00 euros (about 166,000 USD) just for the basement.
We are planning our build in Saxony-Anhalt, and there is a large pond right next to our plot.
Can anyone tell me if this price is realistic?

Thank you very much.
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Ev-Marie86
1 Jun 2017 21:13
So, we also wanted a basement of about 70 sqm (750 sq ft). With KfW 55 standards, it would have cost an extra 100,000. We decided against it because we didn’t want to spend 100,000 just for "storage space." However, this is in Schleswig-Holstein…
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Marvinius
1 Jun 2017 21:19
The price indication does not include additional civil engineering costs (does the excavated soil need to be disposed of?), nor painting and flooring work.
M
Marvinius
1 Jun 2017 21:24
Depending on your circumstances, you can definitely reach or even exceed the mentioned value...