ᐅ Building a House Independently

Created on: 12 Aug 2015 22:13
J
Johannes1988
Good evening,

I am new here but occasionally follow some of the posts. A brief introduction: I am 26 years old, a tax consultant, and I live in NRW, near Cologne.

Next year, I would like to build a house on my own. I would be very grateful if you could provide feedback on my building project and whether it is realistically achievable.

The plan is for a house with an accessory apartment for my parents, without a basement. The total size of the house should be around 300 sqm (3,230 sq ft). It will have two full floors, and the attic will not be developed. Possibly a KfW 70 standard house.

Next year, I will have two months of parental leave. The plan is to complete the shell construction with two skilled workers and one layperson (myself). My first question is: is this achievable within two months?

Second question: is my construction volume realistic? I am planning total costs for the house and plot at about 400,000€ (approximately), with the land costing around 130,000€, leaving about 270,000€ for the house.

I estimate material costs at around 180,000€ (including heating, roof tiles, plumbing, etc.). The remaining 90,000€ is planned for skilled labor.

Additional information: Among my acquaintances, I know a roofer, a window installer, and an electrician, who will do their work for free; I only need to provide the materials. Furthermore, I have a contact who works at a large building materials supplier and will grant me a staff discount.

I would like to start in April (parental leave begins at the end of May) and ideally move in by October.

Are my plans realistic?

Thank you in advance for your feedback.

Best regards

Johannes1988
Musketier14 Aug 2015 18:19
Shouldn't a tax advisor earn more in their area of expertise than what an unskilled person saves through their own efforts?