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.
It is really a matter of feeling, as we never could have imagined ending up in this price range. Fortunately, the plot of land was paid for entirely with equity. If we ultimately end up at €720,000 (approximately $770,000), that would still be manageable. However, I wanted to plan with a buffer.
Mlt1402 schrieb:
It’s really a matter of feeling, as we could never have imagined falling into this price range. Fortunately, the land was paid for with equity. If we end up at €720,000, that would still be manageable. However, I wanted to budget with a buffer. Expect at least €20,000–30,000 in additional costs during the selections phase. Just the electrical work, such as sockets, lighting, and also the bathroom (non-standard options are not exactly cheap).
Mlt1402 schrieb:
Regarding the question about why exactly 700,000€:
It’s really a matter of feeling, as we never imagined ending up in this price range. Fortunately, the plot of land was paid for from our own equity. If we ultimately end up at 720,000€ (about $770,000), that would still be manageable. However, I wanted to calculate with a buffer.exto1791 schrieb:
The photovoltaic system costing 20,000€ sounds realistic, as well as the additional construction costs.
Realistic for 15 kWp. Too expensive for 10 kWp. That’s why I asked how large it is supposed to be.exto1791 schrieb:
In which region are you building?In southern Hesse (Bergstraße) – between Darmstadt and Mannheim