ᐅ End Terraced House: Large vs. Small / Price vs. Space—A Dilemma
Created on: 3 May 2015 14:40
H
Hallo333
Hello,
My girlfriend and I are planning to build and have found a developer who is currently constructing a small residential complex with 40 terraced houses. The houses are connected to a combined heat and power plant; heating and hot water are supplied via a heat exchanger system. (A maintenance contract is in place for 20 years with a contractor.)
Now we are facing a dilemma, both in terms of price and space.
There are two options:
1. Terraced house with 130 m² (1400 sq ft), ground floor, first floor, and attic. Turnkey including land and garage for about 200,000.
2. Terraced house with 85 m² (915 sq ft), ground floor and attic. Turnkey including land and garage for about 169,000.
We were able to do an initial inspection of the shell construction of the first 20 houses.
Attached are the two floor plans.
For more information, feel free to write here.
Best regards
My girlfriend and I are planning to build and have found a developer who is currently constructing a small residential complex with 40 terraced houses. The houses are connected to a combined heat and power plant; heating and hot water are supplied via a heat exchanger system. (A maintenance contract is in place for 20 years with a contractor.)
Now we are facing a dilemma, both in terms of price and space.
There are two options:
1. Terraced house with 130 m² (1400 sq ft), ground floor, first floor, and attic. Turnkey including land and garage for about 200,000.
2. Terraced house with 85 m² (915 sq ft), ground floor and attic. Turnkey including land and garage for about 169,000.
We were able to do an initial inspection of the shell construction of the first 20 houses.
Attached are the two floor plans.
For more information, feel free to write here.
Best regards
At a price of just under €1690 per square meter (approximately $1,800 per square meter), I don’t see these properties in the area as being overpriced at all.
I understand the opinion that these are probably small houses or rather apartments. But let’s be honest, what could go wrong with interest rates of 1.4% over 15 years plus a building savings contract over a long 10 years with interest of 2%? You can’t find more affordable housing for that price while simultaneously paying off something of your own!
Living in a townhouse doesn’t make you second-class; you just have to adjust and step away from today’s increasingly common anonymous lifestyle.
Also, I really don’t see the point of building a house with 300 square meters (approximately 3,230 square feet). Is it just to show friends and family how well off you are?
Townhouses are clearly functional homes meant for living. I don’t need a garden given the location of these houses; I just step outside and I’m in a nature reserve 🙂
Thanks anyway for the constructive replies, which I was able to include in my list of questions.
Best regards
I understand the opinion that these are probably small houses or rather apartments. But let’s be honest, what could go wrong with interest rates of 1.4% over 15 years plus a building savings contract over a long 10 years with interest of 2%? You can’t find more affordable housing for that price while simultaneously paying off something of your own!
Living in a townhouse doesn’t make you second-class; you just have to adjust and step away from today’s increasingly common anonymous lifestyle.
Also, I really don’t see the point of building a house with 300 square meters (approximately 3,230 square feet). Is it just to show friends and family how well off you are?
Townhouses are clearly functional homes meant for living. I don’t need a garden given the location of these houses; I just step outside and I’m in a nature reserve 🙂
Thanks anyway for the constructive replies, which I was able to include in my list of questions.
Best regards
B
Bauexperte4 May 2015 23:09Good evening,
maybe Musketier was right after all ... although today I’m finding it quite difficult to be "well-behaved" and "nice" (this only loosely relates to the post) ..
Best regards, Bauexperte
maybe Musketier was right after all ... although today I’m finding it quite difficult to be "well-behaved" and "nice" (this only loosely relates to the post) ..
Hallo333 schrieb:I don’t agree with you; I find that price— even for Baden-Württemberg— quite high, considering what you "only" get for it.
At a price of almost €1690 per square meter, I don’t see this as overpriced at all for this area.
Hallo333 schrieb:In my opinion, a low mortgage interest rate should never be the decisive factor in buying!
But let’s be honest, what can go wrong with interest rates of 1.4% over 15 years plus a building savings contract for a long 10 years at 2% interest? We can’t live cheaper for this price and simultaneously pay off something of our own!
Hallo333 schrieb:I agree with you and would never say otherwise; why should I? But your examples are not townhouses— those models are the peak of commercial sales tactics so that the lot size produces maximum profit.
Living in a townhouse doesn’t make someone second class; you just have to adapt and give up the nowadays common anonymous lifestyle.
Hallo333 schrieb:Don’t be silly! Every builder builds the house for themselves, or at least I hope so. 130 sqm, even 85 sqm, can be better laid out—especially on fewer floors. The vast majority of today’s building projects are around 130 to 150 sqm; buying land and building a single-family house on it is expensive!
I also don’t really see the point in building a 300 sqm house?! Just to show friends and family how great you have it?
Best regards, Bauexperte