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.
S
saralina8724 Jun 2020 07:09ypg schrieb:
This is not about the fundamental debate of whether to have a basement or not, but about sticking to the budget of 350,000/420,000. That.
I would never want to do without a basement, as it definitely serves more purposes than just being "storage space."
However, with your budget, I’m quite sure you won’t be able to manage with $400,000.
Without a basement and around 130-140m² (1400-1500 sq ft), you can stay within $400,000. So, you will have to give up the basement more or less.
We are looking at about $450,000 for 150m² (1600 sq ft) with a basement, excluding additional construction costs. The basement costs us around $60,000-$70,000, so you can figure out how to make it work.
However, with your budget, I’m quite sure you won’t be able to manage with $400,000.
Without a basement and around 130-140m² (1400-1500 sq ft), you can stay within $400,000. So, you will have to give up the basement more or less.
We are looking at about $450,000 for 150m² (1600 sq ft) with a basement, excluding additional construction costs. The basement costs us around $60,000-$70,000, so you can figure out how to make it work.
S
Strahleman24 Jun 2020 09:16When reading through the thread, I may have missed which region you are building in. Therefore, I will assume you are staying in your current state, as indicated in your profile.
Hessen is comparable in price to Bavaria. We are currently building a house ourselves, about 140 sqm (1,500 sq ft) with a basement. For the house and additional construction costs (including a cistern and a lifting station), we are at around 383,000 euros, including upgrades for the bathroom and electrical system. Additional costs for landscaping and a carport will also apply. We are doing some work ourselves (installing underfloor heating, laying floors, painting) to keep costs as low as possible, but at the same time we don’t want to sacrifice comfort (basement with ceiling height suitable for living with underfloor heating in one room, large children’s rooms, nice bathrooms with walk-in showers at floor level, preparations for split air conditioning, external blinds on large floor-to-ceiling south-facing windows, well-designed network). But comfort is definitely a matter of personal definition.
It will be a solid-built house meeting KfW 55 energy standards. Of course, if you want more, it will get more expensive; if less, it can be cheaper. We are building with a construction company and pay the trades directly without going through a middleman such as a developer.
I think that with the right construction company, your budget should be sufficient for a small house including a basement. It really depends on the level of comfort you want. Friends of ours claim to be spending a staggering 800,000 euros on a house (without land) with slanted rooms and a gallery. I find it terrible, but they love it. To each their own.
Hessen is comparable in price to Bavaria. We are currently building a house ourselves, about 140 sqm (1,500 sq ft) with a basement. For the house and additional construction costs (including a cistern and a lifting station), we are at around 383,000 euros, including upgrades for the bathroom and electrical system. Additional costs for landscaping and a carport will also apply. We are doing some work ourselves (installing underfloor heating, laying floors, painting) to keep costs as low as possible, but at the same time we don’t want to sacrifice comfort (basement with ceiling height suitable for living with underfloor heating in one room, large children’s rooms, nice bathrooms with walk-in showers at floor level, preparations for split air conditioning, external blinds on large floor-to-ceiling south-facing windows, well-designed network). But comfort is definitely a matter of personal definition.
It will be a solid-built house meeting KfW 55 energy standards. Of course, if you want more, it will get more expensive; if less, it can be cheaper. We are building with a construction company and pay the trades directly without going through a middleman such as a developer.
I think that with the right construction company, your budget should be sufficient for a small house including a basement. It really depends on the level of comfort you want. Friends of ours claim to be spending a staggering 800,000 euros on a house (without land) with slanted rooms and a gallery. I find it terrible, but they love it. To each their own.
Strahleman schrieb:
I might have missed it while reading the thread which region you are building in. So, I assume you’re staying in your current state, as listed in your profile.
Hesse is priced similarly to Bavaria. We are currently building a house ourselves, about 140sqm (1507 sq ft) with a basement. For the house and additional construction costs (including a rainwater cistern and a pumping system), we are looking at around €383,000 including upgrades for the bathroom and electrical work. On top of that, there are costs for landscaping and a carport. We are doing some tasks ourselves (installing underfloor heating, laying floors, painting) to keep costs as low as possible, but we’re not willing to sacrifice comfort (basement with full ceiling height and underfloor heating in one room, large children's bedrooms, nice bathrooms with level-access walk-in showers, preparation for split air conditioning, external blinds on large floor-to-ceiling south-facing windows, well-designed network wiring). Of course, comfort is subjective.
It will be a solid masonry house built to KfW 55 energy-efficiency standards. If you want more, it will of course be more expensive; if less, it can be cheaper. We are building with a construction company and pay the trades directly without going through an intermediary (such as a developer).Okay, that’s impressive… especially including additional construction costs, that’s really great—I can hardly believe it.
S
saralina8724 Jun 2020 09:27Bavaria is not the same everywhere either... Just a side note.
Of course, comfort is really crucial, as you say, Strahlemann.
When you consider things like a basement, controlled residential ventilation, fireplace, porch roof, wooden staircase, overall house size, large windows/number of windows, garage, and so on... you can actually save around 100,000 (about 124,000) depending on the size of the build and the building area, etc.
When you consider things like a basement, controlled residential ventilation, fireplace, porch roof, wooden staircase, overall house size, large windows/number of windows, garage, and so on... you can actually save around 100,000 (about 124,000) depending on the size of the build and the building area, etc.
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