Dear Forum,
We are about to purchase a plot of land (500m2 (5,382 sq ft)) and are trying to get an idea of the costs involved in building a house.
Our maximum budget for the house construction is €400,000, but since we want to have a safety margin, we initially set a budget of €350,000.
Our ideal house would have a pitched roof and a basement, with approximately 130m2 (1,400 sq ft) of living space—no frills, no luxury, but still modern.
We are unsure whether to go for a traditional masonry build or a prefabricated house. A well-known local company specializing in masonry construction quoted us costs of around €3,000 per m2 (€3,000 per 10.8 sq ft) as a basis for a “standard house.”
At first, this sounds quite expensive to me.
Since we could imagine contributing some work ourselves (with help from acquaintances and skilled friends), we hope to reduce costs somewhat this way.
Is it necessary to plan for €3,000 per m2 in any case? Even with prefabricated houses? I am also quite skeptical of the attractive offers in catalogues.
I would greatly appreciate your feedback.
We are about to purchase a plot of land (500m2 (5,382 sq ft)) and are trying to get an idea of the costs involved in building a house.
Our maximum budget for the house construction is €400,000, but since we want to have a safety margin, we initially set a budget of €350,000.
Our ideal house would have a pitched roof and a basement, with approximately 130m2 (1,400 sq ft) of living space—no frills, no luxury, but still modern.
We are unsure whether to go for a traditional masonry build or a prefabricated house. A well-known local company specializing in masonry construction quoted us costs of around €3,000 per m2 (€3,000 per 10.8 sq ft) as a basis for a “standard house.”
At first, this sounds quite expensive to me.
Since we could imagine contributing some work ourselves (with help from acquaintances and skilled friends), we hope to reduce costs somewhat this way.
Is it necessary to plan for €3,000 per m2 in any case? Even with prefabricated houses? I am also quite skeptical of the attractive offers in catalogues.
I would greatly appreciate your feedback.
Mlt1402 schrieb:
In southern Hesse (Bergstraße) – between Darmstadt and MannheimOkay, so your house will cost about 5-10% less than here in Baden-Württemberg. You could probably manage with your 350,000 euros.
A
Alessandro14 Aug 2020 08:24Can’t you rent the photovoltaic system? Take a look at this option. In my opinion, it has many advantages, and I’m considering doing the same.
Alessandro schrieb:
Can't you lease the photovoltaic system?
Take a look at this option. In my opinion, it has many advantages, and I'm considering doing the same.This option is actually offered as well – I need to check with the local energy provider.Mlt1402 schrieb:
The option is actually offered – I will have to check with the local energy supplier. I wouldn’t do something like that. Renting a photovoltaic system is like private leasing of cars. Either you can afford it and buy it, or not. Besides, leasing will definitely be more expensive than increasing your credit line and simply purchasing it.
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Alessandro14 Aug 2020 09:13But when you rent, maintenance, service, cleaning, and replacement in case of damage (not only photovoltaic panels but also inverters, etc.) are included.
Overall, it’s basically a worry-free package.
You can also reduce the monthly rental costs through feed-in compensation.
Of course, you need to calculate this carefully and compare the rental costs (between 50-100 euros/month) with your electricity consumption.
Overall, it’s basically a worry-free package.
You can also reduce the monthly rental costs through feed-in compensation.
Of course, you need to calculate this carefully and compare the rental costs (between 50-100 euros/month) with your electricity consumption.
Ybias78 schrieb:
Renting photovoltaic panels is like privately leasing cars.In the case of photovoltaic panels, this is only partly true. For cars, this comparison would only make sense if the vehicle were used as a rental by the leasing company during periods of non-use.
Ybias78 schrieb:
Furthermore, leasing is guaranteed to be more expensive than increasing the loan amount.If that is possible. Leasing could be easier on equity and might reduce the loan-to-value ratio, thereby potentially lowering the interest rate.
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