ᐅ Planning to build a house: what budget should you expect nowadays?
Created on: 1 Jan 2023 16:22
R
rulor1992
Hello everyone,
I would like to get a rough estimate in advance of what we might expect for a future house.
In our former rural hometown, building plots will soon be developed. Due to the current situation, almost all previously reserved plots have become available again.
We have an appointment soon to discuss the building plots. They are all between 500-650 sqm (5382-6997 sq ft) in size and are supposed to cost between €160-180 (per sqm), which is quite high for this location.
Is it still possible to negotiate prices, or are the local authorities strict? We are considering buying two plots to reach about 1000 sqm (10,764 sq ft) in total.
The plot would be purchased without taking out a loan.
What are the current prices for a single-family house with two full floors and a basement in a higher-quality finish?
Since I am currently self-employed, my income fluctuates significantly. The business is planned to be moved into the basement. Of course, this still needs to be approved by the local authority to see if it is allowed.
It is an online shop with current pre-tax profits of €400,000 annually.
Maybe you can give me a brief outlook on the upcoming project.
Thank you
I would like to get a rough estimate in advance of what we might expect for a future house.
In our former rural hometown, building plots will soon be developed. Due to the current situation, almost all previously reserved plots have become available again.
We have an appointment soon to discuss the building plots. They are all between 500-650 sqm (5382-6997 sq ft) in size and are supposed to cost between €160-180 (per sqm), which is quite high for this location.
Is it still possible to negotiate prices, or are the local authorities strict? We are considering buying two plots to reach about 1000 sqm (10,764 sq ft) in total.
The plot would be purchased without taking out a loan.
What are the current prices for a single-family house with two full floors and a basement in a higher-quality finish?
Since I am currently self-employed, my income fluctuates significantly. The business is planned to be moved into the basement. Of course, this still needs to be approved by the local authority to see if it is allowed.
It is an online shop with current pre-tax profits of €400,000 annually.
Maybe you can give me a brief outlook on the upcoming project.
Thank you
W
WilderSueden26 Feb 2023 20:53Only furniture or also electrical appliances?
Winniefred26 Feb 2023 21:02WilderSueden schrieb:
Only furniture or electrical appliances as well?Without the stove and dishwasher, since we already have those and you don’t always have to buy everything new just because you get a new kitchen. But even with those appliances included, we wouldn’t have reached the 10,000. The freezer and refrigerator will be replaced because the old units are either broken or 20 years old.
W
WilderSueden26 Feb 2023 21:22For us, the 15k is roughly split half and half between furniture and electrical appliances, if I remember correctly. That’s why I’m asking what you can get for about half that price. Keep in mind, we didn’t assemble anything ourselves, and the kitchen installer also had some appliances on hold for quite a while.
Pure price comparisons for kitchens are difficult anyway. The quality of the cabinet fronts varies, and whether you have drawers inside the cabinets or just shelves also makes a big difference. It’s the same with electrical appliances—each model comes in numerous variants, identified by cryptic codes, but with very different prices and features. Then there’s the question of what “without compromise” means to you—that’s something everyone defines differently.
Pure price comparisons for kitchens are difficult anyway. The quality of the cabinet fronts varies, and whether you have drawers inside the cabinets or just shelves also makes a big difference. It’s the same with electrical appliances—each model comes in numerous variants, identified by cryptic codes, but with very different prices and features. Then there’s the question of what “without compromise” means to you—that’s something everyone defines differently.
Winniefred26 Feb 2023 21:27Yes, you can always spend more money, but it’s not necessary. We have an L-shaped kitchen measuring 4.5 x 2.5 meters (15 x 8 feet) with drawers at the bottom and extra-tall cabinets at the top. We don’t need any fancy gadgets, and normal appliances work perfectly fine for us. It’s up to each person to decide what it’s worth to them. To save money, we’re also doing the installation ourselves, which would have otherwise cost around 1800 euros. We prefer to invest time instead of money and assemble it on our own.
Are you familiar with their new kitchens?
I used to be a big IKEA fan for a long time and still have a lot of their products, but I have to say that the Metod kitchens disappoint me.
I had a Faktum kitchen for many years (>10) when I was renting, and it offered great value for the price. However, the new Metod kitchen we currently have just doesn’t convince me anymore. It’s okay for renting or for our current apartment, but I wouldn’t want it again in a house (owned property). We are moving this kitchen now because it’s still quite new, but we will only use it in the utility room/pantry.
I used to be a big IKEA fan for a long time and still have a lot of their products, but I have to say that the Metod kitchens disappoint me.
I had a Faktum kitchen for many years (>10) when I was renting, and it offered great value for the price. However, the new Metod kitchen we currently have just doesn’t convince me anymore. It’s okay for renting or for our current apartment, but I wouldn’t want it again in a house (owned property). We are moving this kitchen now because it’s still quite new, but we will only use it in the utility room/pantry.
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