ᐅ Is Building a House Possible Within My Budget?

Created on: 20 Mar 2013 02:42
L
leTissier
L
leTissier
20 Mar 2013 02:42
Hello everyone,

I wanted to ask for your opinion on whether building a house is possible within my budget.
I have been planning to build a house for some time now and have chosen my dream home, which I want to replicate exactly. I have already seen the interior of the house, and the owners have provided me with the floor plan and construction drawings.

It is a one-and-a-half-story solid single-family house (brick-clad, 108 sqm (1163 sq ft) of living space on the ground floor, upper floor is expandable, roof pitch 30 degrees, wooden beam ceiling, stove plus gas heating, rooms: hallway, utility room, living and dining room, kitchen, bedroom, bathroom, guest room, guest toilet).

As mentioned, I plan to replicate the house exactly and initially have the ground floor built as a turnkey project, with the upper floor as a future expansion reserve.

The developed plot of land, valued at €50,000, is already available.

Do you think the house can be realized within this budget?
W
wadenkneifer
20 Mar 2013 07:28
Hello,

You are asking about (financial) feasibility but do not provide any information about income, expenses, or equity.

How is anyone supposed to assess anything without these details?

Best regards,
Michael
S
Sacki999
20 Mar 2013 07:45
Just ask the owners what they paid ... and who they hired to build it ...

Kind regards, Andy
N
nordanney
20 Mar 2013 07:59
... with "a" budget, the house can definitely be realized. The only question is whether it matches your budget 🙄
A few more details are needed...
L
leTissier
20 Mar 2013 08:27
Oh no, that was a mistake, probably due to the time of day 😡. My question should have been whether the described project can be completed with a budget of 150,000 €.

Sorry for the misunderstanding.
L
leTissier
20 Mar 2013 08:34
Oh yes, I of course asked the owners about the price, but they took a very long time to build and did almost everything themselves. However, I plan to have the house essentially built turnkey by a company, so their approximate cost estimate is not comparable to my project.