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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Neubau2022
27 May 2022 09:11
Offtopic schrieb:

I also don’t know of any construction site where the general contractor handles that. Probably, if mold appears, they can blame the homeowner for improper ventilation.

Probably. Although in our case, no condensation forms and the drying units only fill up after 12 hours. That means 60 liters (16 gallons) are removed from the house every day.
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driver55
27 May 2022 09:23
Neubau2022 schrieb:

Yes. It's known. 16.8 x 6 equals 100 kW. With 0.35 cents / kW, that comes to €35 per day....

Apparently not. Anyone involved with electricity rolls their eyes. 🙄
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Neubau2022
27 May 2022 10:01
driver55 schrieb:

Apparently not. Anyone who deals with electrons in any way just rolls their eyes. 🙄

It would be easier to explain things to us than to make sarcastic comments here...
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Benutzer 1001
27 May 2022 12:22
He means kW and kWh.

But he should be aware of that and should have been able to explain it.
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driver55
27 May 2022 14:48
Neubau2022 schrieb:

Then it would be easier to explain to us than to make sarcastic remarks here...
Joker! I already worked it out for you, and you’re still writing it incorrectly…
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Neubau2022
27 May 2022 15:00
driver55 schrieb:

Joker! I already worked it out for you, and you’re still getting it wrong…

But the calculation can’t be correct, because over 24 hours, 200 kWh were used. And that includes the display program. So either I’m totally confused or I just don’t understand you...