Hello,
I expect some of the professionals here might facepalm and be critical of me 😀 Nevertheless, I would like to tap into the collective intelligence of this community and present the following scenario for discussion:
We are planning to build a detached single-family house with a basement near Lake Ammer in Upper Bavaria. With some luck, we were able to purchase a plot there and subsequently ordered a custom-designed prefabricated house from a well-known eco-friendly house provider (also known as a "pioneer"). This company works together with a reputable prefab basement company, so everything should run smoothly in theory, and hopefully we won’t be getting any (more) gray hairs over the project.
Now to the issue: the house provider benefits from the current boom, so our house can only be assembled in summer 2023. Basement construction is planned for April 2023. So far, so (moderately) good. However, the basement builder only offers a price guarantee for 4 months after the order was placed, which was on 31.12.2021. After that, prices can be adjusted according to the construction price index. Since this index is unlikely to drop significantly over the course of a year, we fear that by the end we might have to pay a substantial amount on top of the approximately 100,000€ basement cost.
The whole project is already quite expensive, though still affordable for us. Nevertheless, we don’t have thousands of extra money to just throw away. So this idea came to mind: why not bring the basement construction forward and carry it out this spring?
My (probably naive) questions about this are:
Of course, I will also discuss this idea with the basement builder directly, but I look forward to your input!
Many thanks
I expect some of the professionals here might facepalm and be critical of me 😀 Nevertheless, I would like to tap into the collective intelligence of this community and present the following scenario for discussion:
We are planning to build a detached single-family house with a basement near Lake Ammer in Upper Bavaria. With some luck, we were able to purchase a plot there and subsequently ordered a custom-designed prefabricated house from a well-known eco-friendly house provider (also known as a "pioneer"). This company works together with a reputable prefab basement company, so everything should run smoothly in theory, and hopefully we won’t be getting any (more) gray hairs over the project.
Now to the issue: the house provider benefits from the current boom, so our house can only be assembled in summer 2023. Basement construction is planned for April 2023. So far, so (moderately) good. However, the basement builder only offers a price guarantee for 4 months after the order was placed, which was on 31.12.2021. After that, prices can be adjusted according to the construction price index. Since this index is unlikely to drop significantly over the course of a year, we fear that by the end we might have to pay a substantial amount on top of the approximately 100,000€ basement cost.
The whole project is already quite expensive, though still affordable for us. Nevertheless, we don’t have thousands of extra money to just throw away. So this idea came to mind: why not bring the basement construction forward and carry it out this spring?
My (probably naive) questions about this are:
- Is there anything fundamentally against doing this?
- What additional costs should I expect that could negate the price advantage? Temporary construction electricity, water, etc.
- Is there a problem if the basement is exposed to weather for a year without a protective building above it?
- Since heating, ventilation, etc. won’t be installed yet – could there be any issues?
- Could I theoretically start with plastering tasks (which I plan to do myself)? That would overall save time and therefore money.
Of course, I will also discuss this idea with the basement builder directly, but I look forward to your input!
Many thanks
We have here – my bedtime calls, so without linking service – a thread regarding building a house on a cellar that has been unused for ten years, and another regarding construction on a "solid" cellar where a wooden house burned down. Both are possible; compared to that, your "short construction break" is really minor. However, I would not equate simple rainproofing with airtightness and would not wait to start the interior finishing.
https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/
https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/
W
WilderSueden13 Jan 2022 08:47Can you afford the plot and basement construction without the bank? Or do you need the bank and then end up paying standby interest for a year?
WilderSueden schrieb:
Can you afford the land and basement construction without the bank? Or do you need the bank and then end up paying standby interest for a year? Good point. Although we have quite a substantial amount of equity to contribute, it’s not enough for both the land and the basement... In fact, not even enough for the land alone, which we are currently partly financing through a variable loan. I should check whether the standby interest fees might actually be lower than what we are currently paying on the loan.