Hello,
Actually, we have been looking for an existing property since last summer. According to our mortgage broker, we have a budget of around 300,000 (all-in), which a bank is likely to approve.
The market here in Schleswig-Holstein has also become very tight, and the houses on offer are often in need of renovation, so you easily exceed the budget (especially since many city dwellers laugh at our house prices and like to secure a holiday home here).
Now the question is whether it would be possible to build a house within our budget (assuming we can get a building plot). Our requirements are not very high; it doesn’t need to be a huge house. 120 square meters (1300 square feet) would be completely sufficient.
In a neighboring village, plots are currently being developed. The price isn’t fixed yet but is expected to be below 100 euros per square meter. The plots are about 700 square meters (7500 square feet) in size. Unfortunately, we have no experience with this topic at all, and I definitely don’t want to miscalculate.
We can only contribute limited personal labor. We are not unskilled, but both fully employed with a child, dog, and horse. What are your thoughts?
Actually, we have been looking for an existing property since last summer. According to our mortgage broker, we have a budget of around 300,000 (all-in), which a bank is likely to approve.
The market here in Schleswig-Holstein has also become very tight, and the houses on offer are often in need of renovation, so you easily exceed the budget (especially since many city dwellers laugh at our house prices and like to secure a holiday home here).
Now the question is whether it would be possible to build a house within our budget (assuming we can get a building plot). Our requirements are not very high; it doesn’t need to be a huge house. 120 square meters (1300 square feet) would be completely sufficient.
In a neighboring village, plots are currently being developed. The price isn’t fixed yet but is expected to be below 100 euros per square meter. The plots are about 700 square meters (7500 square feet) in size. Unfortunately, we have no experience with this topic at all, and I definitely don’t want to miscalculate.
We can only contribute limited personal labor. We are not unskilled, but both fully employed with a child, dog, and horse. What are your thoughts?
WilderSueden schrieb:
Regarding Berlin, I could start complaining again, but I better not.
As far as I know, stormwater management in Baden-Württemberg has been quite standard even before the Green Party came to power here. This applies not only to new developments but to the entire municipality. That’s why Prenzlauer Berg is full of Swabians, all very frugal people.
SumsumBiene7 Apr 2021 20:38I’ll bring this up here again briefly....
Basically, I had already put this aside. Due to a lack of sympathy towards the building agent, we recently had another conversation with a "recommendation."
After 2 hours, we drove home with the conclusion that we could seriously consider a new build, and that wouldn’t be a bad idea. Our expectations are reasonable, and he estimates the budget at 350,000 (approximately 350k).
Now I just noticed that someone in the neighboring village sold 2 plots of land for 75,000 / 850 m² (9,600 ft²) each.
... Of course, construction prices keep rising steadily.... Oh well...
... And I’m a Libra according to my zodiac sign.... Doesn’t make things any easier.
Basically, I had already put this aside. Due to a lack of sympathy towards the building agent, we recently had another conversation with a "recommendation."
After 2 hours, we drove home with the conclusion that we could seriously consider a new build, and that wouldn’t be a bad idea. Our expectations are reasonable, and he estimates the budget at 350,000 (approximately 350k).
Now I just noticed that someone in the neighboring village sold 2 plots of land for 75,000 / 850 m² (9,600 ft²) each.
... Of course, construction prices keep rising steadily.... Oh well...
... And I’m a Libra according to my zodiac sign.... Doesn’t make things any easier.
SumsumBiene schrieb:
Our plans are solid, and he estimates the budget at 350,000. And now?
SumsumBiene7 Apr 2021 21:45ypg schrieb:
So what now?Well... So what now?
We buy a plot of land and put a construction trailer on it... Then we’re safe.