ᐅ Affordable Homeownership – Is Buying a House with Land Still Realistic?

HuppelHuppel schrieb:

For example, Danwood offers the Family 157 for just under 250,000, and the 1.5-story houses with 120sqm (1,292 sq ft) cost about 200,000. That’s definitely worth considering.

Sure, it’s only 50k more, peanuts. But financed/repaid, that comes out to 200 euros per month.

Sorry, but claiming something like that is a bit delusional. Fine if you don’t care and consider smaller houses just rabbit hutches.

HuppelHuppel schrieb:

For example, Danwood offers the Family 157 for just under 250k, and the 1.5-story houses with 120 sqm (1300 sq ft) cost about 200k. That’s definitely worth considering.

Price and area increases with Danwood’s trim levels are quite proportional. About 30% more space for a 25% higher price. So the price per square meter remains approximately the same. The additional costs develop accordingly. If the finished smaller house then costs 350k, the larger sibling already costs roughly 100k more, as I mentioned. That results in a monthly payment of around €400.

Rübe1 schrieb:

Sure, it’s only 50k, peanuts. But financed/repaid, that adds up to 200 euros a month.

Sorry, but that’s a bit of delusion to say something like that. It’s fine if you don’t care and smaller houses just seem like rabbit hutches to you.

No, that’s actually a very reasonable calculation. 50,000 is not much when you consider the house including the land, purchase-related costs, construction-related costs, landscaping, and so on. It’s better to save money elsewhere since almost everything can be retrofitted or postponed… only the size of the house itself can only be changed later with a lot of effort.

By the way, I built my house for under 2,000 EUR/m² (about 186 USD/ft²), turnkey with a lot, a lot of DIY effort. And those are prices after the 2022 post-COVID price shock…

MachsSelbst schrieb:

By the way, I built my house for under 2,000 EUR/m² (about 186 USD/ft²), turnkey, with a lot of own labor. And these are already prices after the Corona price shock in 2022...

I did a major renovation, almost to KfW standards, for well under 1,000 EUR/m² (about 93 USD/ft²), also in Eastern Europe. So? Does it help anyone to criticize Eastern Europe when the original poster wants to build turnkey?
Here we are comparing normal and market-standard prices. With Eastern Europe involved, the picture always looks different.

MachsSelbst schrieb:

No, that’s a perfectly reasonable calculation. 50,000 isn’t much,

... if you consider that’s the bare "starting from" price and everything else is missing. You just have to be able to afford it.

tobiasbuch schrieb:

I am currently working on a project aimed at making affordable housing more achievable again – specifically compact, modern homes at a fair price.

Please no ninety-eighth iteration of such "brilliant innovations" ;-) like modular or tiny houses!

Jesse Custer schrieb:

People "don’t want" single-family homes anymore – multifamily buildings are much more efficient...

Multifamily buildings are castles in the air when the market only offers single plots, which, due to their purchase price, cannot be built with a detached single-family home but must be split for a semi-detached house. Theory and practice have always shown which option prevails.

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tobiasbuch schrieb:

I am currently working on a project aimed at making affordable housing more realistic again – compact, modern homes at a fair price.

This has existed since the 1950s and was called prefabricated housing. Quattro houses, terraced houses, townhouses, etc. Various companies have continuously reimagined and expanded on these concepts according to their company philosophy. So there is nothing fundamentally new about this project.

tobiasbuch schrieb:

What is most important to you in a home? (e.g., plot size, garden, layout, etc.)

I can only interpret the question insofar as what I, as the builder, can influence. Plot size, local government policies, or broader factors are not really adjustable variables, except that as a builder I have to question or define my own needs. Everyone thinks differently, and many can afford a home in their desired size. This largely depends on income levels, which cannot be influenced by the planner or project developer.

tobiasbuch schrieb:

Would a smaller living area (70–100m² (750–1,075 sq ft)) or a smaller plot be of interest if price and quality are right?

Honestly, I find these questions too general and broad. Moreover, there are plenty of homes that, after subtracting necessary circulation space and utility rooms, fit within 70–100m² (750–1,075 sq ft). Homes with suitable living space of this size also tend to sell quickly if you watch the market or look around your local area.

There is no need to reinvent the wheel. These options already exist.