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.
T_im_Norden schrieb:
Are you using KfW loans and subsidies?
You can get up to 30,000 euros as a grant.
Heat pumps for heating are also eligible for funding.
Is the photovoltaic system estimated, or how large are you designing it?
It seems a bit large to me. The photovoltaic system must cover 80% of one roof.
With KfW55, funding of up to €18,000 would also be possible, right?
That would mean that in the case of KfW40, I would have to invest an additional €23,000 to receive up to €30,000 in funding.
Or, without additional costs, receive up to €18,000 in funding.
So, in the end, KfW40 would cost me €11,000 more, correct?
That would mean that in the case of KfW40, I would have to invest an additional €23,000 to receive up to €30,000 in funding.
Or, without additional costs, receive up to €18,000 in funding.
So, in the end, KfW40 would cost me €11,000 more, correct?
T
T_im_Norden22 Aug 2020 13:49Do you already have a financing plan?
Otherwise, I would calculate the different grants and subsidies. There are sometimes country-specific or regional grants as well.
The company's offer is still just a rough estimate, right?
If the bay window is not absolutely necessary, I would rather omit the bay window than the mechanical ventilation system with heat recovery.
Otherwise, I would calculate the different grants and subsidies. There are sometimes country-specific or regional grants as well.
The company's offer is still just a rough estimate, right?
If the bay window is not absolutely necessary, I would rather omit the bay window than the mechanical ventilation system with heat recovery.
KfW 40 standard is not necessarily required. Controlled residential ventilation is a luxury that, according to reports, is worthwhile.
I would possibly get an external quote for photovoltaic systems. Depending on the size, 20k is a lot. Also, consider whether to finance it externally.
I would possibly get an external quote for photovoltaic systems. Depending on the size, 20k is a lot. Also, consider whether to finance it externally.
We have now had our first meeting with Büdenbender. The consultant was very knowledgeable and made a good impression.
However, the plans were based on a "pre-designed" house that can only be adjusted to a limited extent. Although the plans looked good, they did not fully suit us because our requirements would have involved compromises. We were told that a fully custom-designed house would not have the cost advantages of this model. At first, we were unsure whether this was a sales tactic.
In the coming weeks, we have appointments scheduled with Bittermann and Weiß, Rensch-Haus, and Luxhaus. In a second meeting with the aforementioned regional solid construction company, we will clarify our wishes and request a quote.
After these initial meetings, we plan to narrow down our options so that we end up with 3-4 offers. We intend to bring in expert advice for this process and have a comparison of offers conducted.
However, the plans were based on a "pre-designed" house that can only be adjusted to a limited extent. Although the plans looked good, they did not fully suit us because our requirements would have involved compromises. We were told that a fully custom-designed house would not have the cost advantages of this model. At first, we were unsure whether this was a sales tactic.
In the coming weeks, we have appointments scheduled with Bittermann and Weiß, Rensch-Haus, and Luxhaus. In a second meeting with the aforementioned regional solid construction company, we will clarify our wishes and request a quote.
After these initial meetings, we plan to narrow down our options so that we end up with 3-4 offers. We intend to bring in expert advice for this process and have a comparison of offers conducted.
N
nordanney31 Aug 2020 14:43Mlt1402 schrieb:
However, the planning was based on a "pre-designed" house that can only be adjusted to a limited extent. Although the plans looked good, they didn’t fully suit us because our requests would involve compromises. We were told that a completely custom-designed house wouldn’t have the price advantages of this house. At first, we couldn’t tell whether this was a sales tactic.Well, the standard golf model is also affordable. Any special requests have to be paid for properly to make the product attractive for the seller. But this has nothing to do with buying a house. Custom requests always cost a lot of money – an off-the-shelf product is simply cheaper to manufacture.Similar topics