Hello,
this is my first post here in this forum, and hopefully not my last.
My partner and I are planning to build a house. Here are the initial plans:
Maybe some of you have recommendations for a home builder or experience with granny flats, especially who offers good options. So far, we have been somewhat convinced by Town & Country in terms of price.
Now about the land and finances:
Looking forward to your opinions, tips, and any other advice.
Best regards
this is my first post here in this forum, and hopefully not my last.
My partner and I are planning to build a house. Here are the initial plans:
- We want to build a nice 1.5-story single-family house (around 130m² (1,400 sq ft)) with standard features, turnkey except for painting and flooring work. It should meet the KfW 70 energy standard and include underfloor heating, roller shutters, and a solar system for domestic hot water heating. Depending on costs, we might add some extras, but that will depend on the price – calculated price including house, land, and additional building costs – €221,000
- We are also considering a 1.5-story house with a granny flat (roughly 130m² + 65m² (700 sq ft)) where my parents would move in, of course paying appropriate rent. The features would be mostly the same. calculated price including house, land, and additional building costs – €340,000
Maybe some of you have recommendations for a home builder or experience with granny flats, especially who offers good options. So far, we have been somewhat convinced by Town & Country in terms of price.
Now about the land and finances:
- We already have plots in sight (560m² (6,000 sq ft) for about €45,000 plus 360m² (4,000 sq ft) of green space for €1,800), but the area is still quite open in all directions. Does anyone know of good residential areas, ideally small single-family home neighborhoods near Berlin at a fair price?
- Finances: That’s a good question – my partner and I currently earn about €3,600 net per month, which I think is okay, but realistically we know children might come in the future, which could reduce income. Our equity is limited, around €20,000. I’ve already sought advice and heard about many options, with monthly repayments around €600 – which honestly feels like a commitment for the next 90 years – and more realistic repayments of €1,300 for the house with the granny flat.
Looking forward to your opinions, tips, and any other advice.
Best regards
X
Xtreme10002 May 2013 10:43Just take a look at the different costs. You can clearly see that they are using completely different figures. That should at least make you wonder.
Much has already been said.
Underfloor heating about 5,000.00
Roller shutters about 3,000–4,000.00
Then possibly a controlled ventilation system for about 10,000.00...
Turnkey houses have a basic standard; otherwise, they are not that cheap.
Do you want a medium standard? Then add another 10,000 euros, plus a buffer for extras (which will definitely come) of another 10,000.
For us, with good and basically stable soil, the foundation slab still costs an additional 3,500, then here and then there... you can easily stumble if the budget is not accurate.
You should take the time to read the forum... especially the finance topic is discussed here every day anew.
Underfloor heating about 5,000.00
Roller shutters about 3,000–4,000.00
Then possibly a controlled ventilation system for about 10,000.00...
Turnkey houses have a basic standard; otherwise, they are not that cheap.
Do you want a medium standard? Then add another 10,000 euros, plus a buffer for extras (which will definitely come) of another 10,000.
For us, with good and basically stable soil, the foundation slab still costs an additional 3,500, then here and then there... you can easily stumble if the budget is not accurate.
You should take the time to read the forum... especially the finance topic is discussed here every day anew.
X
Xtreme10002 May 2013 11:31What do you want to hear? That we say, “Yes, sure, this is amazing, everything fits perfectly”?
In the version without a granny flat, Ypg and I have already written quite a bit about what else is still to come. The great figures for additional construction costs don’t add up at all. If you also want a mechanical ventilation system with heat recovery included, it becomes even more unrealistic.
It’s simply the case that a house has a certain price. If it gets cheaper, you either get the absolute minimum standard or the construction quality is poor. If you sign off on that, you will end up needing an extra 100,000 as supplementary financing from the bank. Do thorough research, talk to other builders, and don’t just focus on the figure at the bottom right. That’s dangerous.
In the version without a granny flat, Ypg and I have already written quite a bit about what else is still to come. The great figures for additional construction costs don’t add up at all. If you also want a mechanical ventilation system with heat recovery included, it becomes even more unrealistic.
It’s simply the case that a house has a certain price. If it gets cheaper, you either get the absolute minimum standard or the construction quality is poor. If you sign off on that, you will end up needing an extra 100,000 as supplementary financing from the bank. Do thorough research, talk to other builders, and don’t just focus on the figure at the bottom right. That’s dangerous.
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