I’m not quite sure how to start this thread properly. I hope I’m in the right section. I’ll just begin.
I’m still quite young, but I have always decided that only a prefabricated house is an option for me. My interest is not just for a few months, but rather spans several years, as I am planning my future with a long-term perspective. I want to build early because I want to pay off the house as soon as possible. I have already visited several well-known prefab house companies and have been really impressed. Since we don’t live far from a company headquarters (Frankenberg), I have also visited model homes several times.
Having a steady job with a regular income is, of course, a requirement that I meet.
I already have a plot of land, so I don’t have to worry about that.
Equity will also be available.
My question is simply whether there are other young homebuilders here who might share their experiences with me. Perhaps there are also recommendations on whether my decision to take on such a commitment so early is the right one or not.
Thanks in advance for any help.
Greetings from Hesse!
I’m still quite young, but I have always decided that only a prefabricated house is an option for me. My interest is not just for a few months, but rather spans several years, as I am planning my future with a long-term perspective. I want to build early because I want to pay off the house as soon as possible. I have already visited several well-known prefab house companies and have been really impressed. Since we don’t live far from a company headquarters (Frankenberg), I have also visited model homes several times.
Having a steady job with a regular income is, of course, a requirement that I meet.
I already have a plot of land, so I don’t have to worry about that.
Equity will also be available.
My question is simply whether there are other young homebuilders here who might share their experiences with me. Perhaps there are also recommendations on whether my decision to take on such a commitment so early is the right one or not.
Thanks in advance for any help.
Greetings from Hesse!
D
daniel4001 Aug 2019 12:12Zaba12 schrieb:
A bakery sales clerk also has a regular salary and earns less than 1500€ net working 40 hours.
Give some numbers (salary; how big do you want your house to be and what is your rough budget?)! There is a reason why currently no one under 25 is building here in the forum. The reasons aren’t just the ones those asking for help mention.
Besides, not everyone is a Thomas Müller who spends half his life with his childhood sweetheart.If I earned less than 1500€ net, I wouldn’t even consider building a house over the years. I’m pretty lucky with my position after training. The combined net income of me and my girlfriend is around 4000€–6000€. It doesn’t have to be exact at this point.
We have a plot of land about 600 sqm (6458 sq ft) in size. The total budget is 300,000€. In our family, everyone is skilled with manual work, so we want to contribute a lot of self-labor. We are planning for living space of approximately 130 to 150 sqm (1400 to 1615 sq ft).
daniel400 schrieb:
With less than 1500€ (about $1600), I wouldn’t even consider building a house over the years. I’m relatively lucky with my position after training. The combined net income of me and my girlfriend is between 4000€-6000€ (about $4300-$6500). It doesn’t have to be exact.
We have a plot of land about 600 sqm (6500 sq ft). The total budget is 300,000€ (about $320,000). Everyone in the family is skilled with their hands, so we plan to contribute a lot of own work. We are thinking of about 130-150 sqm (1400-1600 sq ft) of living space. That doesn’t exactly sound like a dream scenario. An extra 50,000€ (about $53,000) shouldn’t hurt you! It would be better if the family had professional construction experience rather than just being handy, but it is what it is. You can’t really pressure your own family if something is done incorrectly or if no one shows up. One of my five neighbors has been building for 1.5 years and is only now getting the screed; about 50% of the work seems to be owner-contributed labor. But you’re young, have time, and no children yet. You can do it that way.
So the only other thing that needs to be right is everything non-financial.
H
Hauswunsch 231 Aug 2019 12:27I understand your desire to own a house at a young age! If your relationship feels right and the financing is in order, I would recommend starting the building process. Especially since you are already fortunate to own a plot of land and have successfully been together for 5 years.
If your girlfriend is just as enthusiastic, then go ahead and make your dream come true.
Breakups, unemployment, and other challenges can happen at any age, so the risk will always be there.
Additionally, since you are young, you can approach financing more flexibly now (for example, over 25–30 years), which allows you to enjoy other things alongside the house.
If your girlfriend is just as enthusiastic, then go ahead and make your dream come true.
Breakups, unemployment, and other challenges can happen at any age, so the risk will always be there.
Additionally, since you are young, you can approach financing more flexibly now (for example, over 25–30 years), which allows you to enjoy other things alongside the house.
daniel400 schrieb:
However, I have always decided that only a prefabricated house is an option for me. I often see this statement from people twice your age, yet this attitude is still based on myths. Where does your certainty come from in this case?
daniel400 schrieb:
I want to build early because I also want to pay off the house as soon as possible. There is a saying: you build your first house for an enemy. My initial reaction was skepticism that at your age you might not yet have enough life experience or the self-awareness to plan according to your real needs without being naive. On the other hand, you are never too young to make mistakes—and the younger you are when you make them, the longer you can learn from them and adapt. So: yes, start now, then you can fully pay off your first place and sell it again by the time others are just building for the first time. @Nordlys: sounds good, being 21 again with your level of experience as a client?
https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/
If you want to finance together but get married first and arrange everything contractually.
The person listed in the land register owns the house.
At your age, I preferred to travel and enjoy nice things. The girlfriend at the time (7-year relationship) is also history...
The question is whether you both feel settled and sure that you can or want to stay there.
If the general conditions are right, there is nothing against building at your age.
However, I would prefer to wait another year or two. By then, the crisis will have also reached the construction industry. If you still have secure jobs at that point, you might be able to build more affordably.
The person listed in the land register owns the house.
At your age, I preferred to travel and enjoy nice things. The girlfriend at the time (7-year relationship) is also history...
The question is whether you both feel settled and sure that you can or want to stay there.
If the general conditions are right, there is nothing against building at your age.
However, I would prefer to wait another year or two. By then, the crisis will have also reached the construction industry. If you still have secure jobs at that point, you might be able to build more affordably.