ᐅ Is a turnkey construction project with a budget of 230,000 USD realistic in the Saarland region?

Created on: 14 Aug 2018 22:04
N
nektus
Hello everyone,

We finally want to have our own home. The plan is, or what should be included:
- 2 full floors with about 140 - 145sqm (1507 - 1561 sq ft)
- Turnkey delivery excluding floor coverings and painting of walls
- Air source heat pump including underfloor heating
- Foundation slab
- Solid or prefabricated house doesn’t matter
- KfW 55 standard
- No garden, garage, or exterior landscaping

Our budget is 230,000 Euros just for the house. Land and additional construction costs will be separate.

We have an offer from Massa Haus that fits this range, but I’m not completely confident about it.

Is our building project even feasible?
H
HilfeHilfe
15 Aug 2018 06:34
With Massa Haus, you won’t get a finished house for 240,000; at best, you get a shell home. Including all additional construction costs and extras, we end up at 360,000.
bau.herr15 Aug 2018 07:56
nektus schrieb:
Ok maybe I’m underestimating it. But what other costs come up in the first few years?

Costs that occur:

Land
Financing
House
Incentives (allowances/grants)
Painting & flooring
Kitchen
Additional construction costs
Landscaping
Contingency fund
Possibly furniture

And then the other stuff:
Shovel
Utility connections
Wheelbarrow
Lawn mower
Tools (basic equipment for the house)
Ladders
Lamps
Curtains/blinds
Etc.
Y
ypg
15 Aug 2018 08:37
bau.herr schrieb:
Encouragement

This too 🙂

Also, all those expenses that get postponed and then have to be covered by reimbursements or Christmas bonuses.
Sometimes you might need a new washing machine or a condenser dryer, a ladder, new decoration for the new house, a mailbox, trash bins, garden furniture, a grill, a vacuum cleaner, and so on.
In the “construction costs” section, there is a pinned post that lists these kinds of things as well.
Then, after about a year or so, there are surveying costs...

I think we hauled around 5000 to Ikea and Amazon… for the essentials.

So: it hurts to have to make a patio or an entrance platform out of pallets just because there’s no money or it’s needed for car repairs.
Also, seeing the house deteriorate from the ground up because there’s no splash guard isn’t pleasant.
But I’m done if I have to repeat everything here again.
ares8315 Aug 2018 08:54
ypg schrieb:
So: it hurts to build a terrace or even an entrance platform out of pallets just because there’s no money or it’s needed for car repairs.
Also, seeing the house rot from the ground up because there’s no splash protection isn’t pleasant.
But I’m out if I have to repeat everything here again.

For us, it was without paving from September until June because the first landscaping company stood us up and the second needed some lead time. You don’t want that. Even with three doormats in a row, you have to vacuum constantly to prevent it from looking awful. Some things can be done gradually later on, but the larger cost items need to be included right away; otherwise, it won’t work out in the long run.
N
Nordlys
15 Aug 2018 09:03
If our building project in a cost-effective single-family house including land and everything barely came to 300, then I expect that in Saarland, given the targeted size and the Southern German expectations—which all tend to want double garages, gray windows, roller shutters, venetian blinds, aluminum front doors, and such—that it will come out to around 4.5 to 5.
B
Bookstar
15 Aug 2018 09:07
Why is the estimate so high here? The house is rather small, with only 140 m2 (1,507 sq ft), no basement, and no garage.

So, 250 might be tight, but for 300 you could get a bare-bones version built.