ᐅ Construction of a 144 sqm bungalow in Fichtenwalde (near Potsdam)

Created on: 16 May 2021 18:56
A
Acof1978
Then I would also like to introduce our building project here and keep you updated.

First, a brief introduction about us. He (42.5 years; controller in healthcare), she (38.5 years; full-time teacher), child (8.75 years; fully dependent). Our household net income is currently about €6,400 (approximately $6,800) plus performance bonuses, 13th-month salary, overtime, etc. We own a 1,462 sqm (15,735 sq ft) plot of land in Fichtenwalde. The remaining debt on the land is €37,000 (about $39,000). According to official land value guidelines, the land is valued at €146,200 (about $156,000) (€100 / sqm). The market price is around €400,000 to €600,000 (recent sale prices). We submitted the building permit application including the land conversion at the end of December. We expect approval by mid to late July.

The construction company is KB Brandis from Jüterbog. External site supervision will be handled by Bauherrenhilfe with 13 appointments.

Now about the house. It will be a 144 sqm (1,550 sq ft) bungalow plus a 12 sqm (130 sq ft) covered terrace with the following additions:
- Ceiling height 3.00 m (9.8 ft)
- Electric roller shutters (including smart home integration)
- Double-sided laminated windows (wood-colored; RC3 security rating)
- Brine-to-water heat pump with ground collectors due to water protection area (Bosch Compress 7800i LW)
- Hydraulic balancing of the underfloor heating
- Controlled residential ventilation with heat recovery (Bosch)
- Motion detectors from a security company
- 13 kWp photovoltaic system, including battery preparation
- 10 m³ (2,650 gal) cistern for rainwater use
- Doorbell with video function
- Wallbox preparation for electric vehicle charging
- Exterior lighting

Floor plan attached.

We have not yet finalized financing (although discussions have taken place). So far, we have invested up to €30,000 (approximately $32,000) from our own savings during the planning phase. This is almost all of our equity. However, we continue to save about €2,750 (approximately $2,920) per month. The monthly mortgage payment is expected to be around €1,650 (about $1,750) plus additional costs of approximately €200-250 (about $210-265) (taking into account the photovoltaic system). This means when we move into the house, we will still have savings of at least €1,500 (about $1,590) per month.

The construction contract will be signed within the next few weeks. The prices (recently discussed with the company) correspond to the offer and commitment as of September 2020.

The price per square meter of the house (according to the latest offer and full specification) will be €2,700 (about $2,870). This includes everything, such as painting, flooring, etc. The overall costs are structured as follows:
House: €378,000 (about $402,000)
Land conversion including reclassification: €25,000 (about $26,600)
Additional building costs: €40,000 (about $42,500)
Outdoor facilities: €25,000 (about $26,600)
Total financing volume: €468,000 (about $498,000)

Grundriss eines Hauses: Wohnzimmer, Küche, Schlaf-/Kinderzimmer, Bad, Flur, Terrasse.
N
Neubau2022
3 May 2022 16:12
TmMike_2 schrieb:

The heating-up program is controlled by the continuous flow heater.

It primarily affects the ceiling; for the floor, it’s too late, and in the ceiling it has many advantages in bungalows.
1. Warm exhaust air rises upwards.
2. Less discomfort from drafts.
3. Less labor required.

According to the heating technician, the supply and exhaust air are routed through the ceiling. Everything’s great 😎
N
Neubau2022
4 May 2022 09:14
The move-in date in July is probably out of the question :-(

Delivery issues with:

- Mechanical ventilation with heat recovery (likely due to the enthalpy heat exchanger)
- Brine-to-water heat pump (I'm still gathering information on this)
- Meter cabinets (currently very difficult to get. Delivery time is apparently around 10-12 weeks...)

We remain hopeful. If we want to cancel by August 31st, we need to do it by the end of the month. We will wait until May 25th to cancel, maybe there will be more clarity by then.
Mahri234 May 2022 09:22
I would consider leaving/allowing an extra month or two before terminating the lease on the apartment. So aim for the end of September/October rather than earlier. Don’t make the timing too tight. You’ll only regret it if something goes wrong. I would talk to the landlord and agree that if you can move in earlier, you will make the shared flat available sooner.
N
Neubau2022
4 May 2022 09:35
Mahri23 schrieb:

I would consider allowing an extra month or two before terminating the apartment lease. So rather aim for the end of September/October. Don’t make the timing too tight. You’ll regret it if something still goes wrong. I’d talk to the landlord about the possibility of moving out sooner if you can move in earlier.

We won’t get that approved. We have a three-month notice period, effective at the end of the month.
B
Benutzer 1001
4 May 2022 09:35
Please decouple the heat pump from the screed and do not place it directly on it. If it runs continuously 24/7, you might otherwise get a constant humming noise in the screed.
Nida35a4 May 2022 09:40
Mahri23 schrieb:

I would probably allow myself an extra month or two before terminating the apartment lease.
Exactly, I would only cancel once the general contractor confirms you'll be moving in within 4 weeks.