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

Created on: 16 May 2021 18:56
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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.
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TmMike_2
26 May 2022 21:08
driver55 schrieb:

Please use the correct units.
A device with a power consumption of 0.7 kW has an energy requirement of 0.7 kW × 24 h = 16.8 kWh over 24 hours. 😉
x6 devices #characters Characters characters
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Neubau2022
26 May 2022 21:55
driver55 schrieb:

Please use the correct units.
A device with a power consumption of 0.7 kW has an energy demand of 0.7 kW × 24 h = 16.8 kWh. 😉

Yes, that is known. 16.8 × 6 equals 100 kW. At 0.35 cents per kW, that amounts to 35 € per day....
11ant26 May 2022 22:47
TmMike_2 schrieb:

But coordinate this with the general contractor.
They will probably insist on it for warranty reasons.

Keeping the construction site in a condition that complies with the warranty is in the general contractor’s interest – so why is the client themselves responsible for managing the drying equipment?
https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/
Y
ypg
26 May 2022 23:25
11ant schrieb:

Keeping the construction site in warranty-compliant condition is obviously in the general contractor’s (GC) interest – so why is the client themselves responsible for managing the drying equipment?
Electricity costs are usually billed to the client by now anyway. Communication could get complicated if one party wants to use energy-intensive devices while another prefers high-performance equipment. On top of that, there is the twice-daily maintenance… this can become very expensive if the builder is not local. So this is a site-dependent service that is easily assigned to the client.

There are roughly about 20 such service items in the contract, more or less. If all of these were handled by the GC, approximately 30% fewer people could afford to build a house. Alternatively, this could be offered as a self-build option. It should be noted that there are client-provided services under the GC contract which clients often prefer to do themselves, because they can handle or subcontract these tasks cost-effectively, whereas the GC would charge noticeably more for them.

Putting that aside, the time pressure is actually more on the client here… during the drying phase, the GC would get a bit of a breather.

I think a fundamental debate about “why doesn’t the GC cover all costs?” is unnecessary.
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Neubau2022
27 May 2022 08:18
11ant schrieb:

Keeping the construction site in a condition that complies with the warranty is, after all, in the interest of the general contractor – so why is the client themselves responsible for managing the drying equipment here?

Because that’s how it was agreed in the contract. And it’s probably much cheaper for me than if the general contractor sent a worker to the site three times a day. Including travel time, I would have to pay for a full-time worker for 4 weeks.

I’ve just checked the electricity consumption. The drying equipment and the monitoring system use 200 kWh in 24 hours, so about $70. I have budgeted around €2,000 (approximately $2,200) for site electricity in the additional construction costs. So it should roughly add up :-)
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Benutzer 1001
27 May 2022 09:06
Neubau2022 schrieb:

And it is probably much cheaper for me than if the general contractor sends a worker to the construction site three times a day.
I also don’t know of any construction site where the general contractor does that. Probably, if mold develops, he can blame the homeowner for improper ventilation.