ᐅ Newcomer Seeks Advice – When Should Planning Start?

Created on: 6 Jan 2021 11:14
C
criberg
Hello everyone 🙂

In recent days, I have been thinking more about the idea of building a house. It’s basically decided that my girlfriend and I definitely want to own our own home in the future. The question of whether to buy an existing house or to build one keeps coming up. We regularly check the usual property websites to get an overview of the homes currently available in the nearby area (Mülheim an der Ruhr). Since the market situation has been, to put it mildly, "more challenging" for some time now, this raises my question. While browsing these property sites, I often find at least 2-3 issues with the houses listed that, in my opinion, would be deal-breakers 😀

Therefore, to what extent should preparatory work or efforts be made before starting a building project?

I hope my question doesn’t sound too “stupid”! 😱
C
criberg
9 Jan 2021 11:57
I had a conversation yesterday about terraced houses, as there were still some listed on real estate websites in Mülheim a week ago. There was a mid-terrace house for 530,000 and an end-terrace house for 550,000. Both had 153sqm (1,647 sqft) of living space on a 310sqm (3,337 sqft) plot. A friend who used to work in construction financing said these were quite a bargain. 😱
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stfn_86
9 Jan 2021 12:39
Schelli schrieb:

Yes, exactly! Where are you stationed in Essen? Last year, we also quietly bought a house in Kupferdreh. Renovation is planned. We were simply lucky. I find new construction even more difficult around here. In established new development areas, the final result usually looks disappointing, and prime plots are unaffordable. Recently, I saw something for over 1,000 euros per square meter (about $110 per square foot) in a mid-range location in Heisingen.


We are currently based in Holsterhausen but have searched for existing houses and plots in Essen, Mülheim, Duisburg, and the Mettmann district (working locations for me and my wife in Düsseldorf). Indeed, there are very few plots available on the open market. However, we haven’t used the Barthel tips, so I don’t know how many go under the radar.

We were lucky to secure a plot in a new development area in Duisburg South for 720 euros per square meter (about $79 per square foot), but unfortunately, everything else was far from cheap. There is a very restrictive design code there, but it suits our preferences, so it’s not a problem for us.
11ant9 Jan 2021 12:44
stfn_86 schrieb:

But we didn’t apply the Barthel tips,
Because you were already supplied when you saw them?
https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/
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Schelli
9 Jan 2021 12:50
stfn_86 schrieb:

We are currently in Holsterhausen,
Wow, we’re practically neighbors (city center area). If you ever want to have a personal exchange, feel free anytime 🙂 My husband works in the construction industry and has great connections. But we also always like to learn more, as you can’t be an expert in every trade.
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stfn_86
9 Jan 2021 12:54
11ant schrieb:

Because you were already taken care of when you saw them?
There were several factors. Among other things, we were a bit hesitant to approach people about the topic, and we were still open to the idea of buying an existing property, so we never overcame that hesitation. Then the plot in the new development area came up.
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stfn_86
9 Jan 2021 13:13
Schelli schrieb:

If there is ever interest in a personal exchange, I’m totally open to it.
Gladly, thank you very much. What is the best way for us to exchange contact information?