ᐅ Is our construction project feasible? Is our budget sufficient for it?
Created on: 11 Aug 2018 15:10
A
AndreasGMT
Hi,
I’m new here.
Regarding our plans, my wife and I are planning to build our single-family home within the next 1.5 years.
We have a plot of land that is expected to be designated as a building area next year. This is almost certain. The plot has a slight slope, so a basement will be necessary. Development costs will naturally be an additional expense.
We are planning a house of about 160–175 m² (1,722–1,884 sq ft), if it fits within our budget.
Our budget is approximately €430,000 for the house, development costs, additional construction expenses, kitchen, garden, and a carport (prefabricated garage), as mentioned, the land is already available.
As personal contribution, we can install interior doors, lay flooring, and fit windows, the front door, as well as roller shutters and blinds, since we will purchase these directly from the supplier at cost price and install them ourselves.
In your opinion, is this feasible? Is our budget sufficient?
Thanks in advance for your answers.
I’m new here.
Regarding our plans, my wife and I are planning to build our single-family home within the next 1.5 years.
We have a plot of land that is expected to be designated as a building area next year. This is almost certain. The plot has a slight slope, so a basement will be necessary. Development costs will naturally be an additional expense.
We are planning a house of about 160–175 m² (1,722–1,884 sq ft), if it fits within our budget.
Our budget is approximately €430,000 for the house, development costs, additional construction expenses, kitchen, garden, and a carport (prefabricated garage), as mentioned, the land is already available.
As personal contribution, we can install interior doors, lay flooring, and fit windows, the front door, as well as roller shutters and blinds, since we will purchase these directly from the supplier at cost price and install them ourselves.
In your opinion, is this feasible? Is our budget sufficient?
Thanks in advance for your answers.
G
Grantlhaua13 Aug 2018 10:02niri09 schrieb:
You misread that, unfortunately. The 45,000 includes 21,000 for insulation, so it doesn’t cost 45,000 without insulation ;-)
External thermal insulation composite system (ETICS) is only used with sand-lime brick.You’re right, sorry! 🙂 Does that include the scaffolding?
Grantlhaua schrieb:
In our case, there was usually an expiration date specified. A reservation never, though I wouldn’t have agreed to that either.
The roofer, shell builder, and plumbing company all come directly from our village, which might help a bit since there are no travel costs and everyone knows each other (which might not save thousands of dollars but definitely some amount)Don’t say that. Some of the local companies quoted prices that would have used up the entire budget just after the garage.
G
Grantlhaua13 Aug 2018 10:04haydee schrieb:
Don’t say that. Some of the local guys quoted prices that would have used up everything after just the garage.Our shell constructor even felt really "awkward" about charging us so much now. 😀 Although I think it’s a great price and exactly matches what I had estimated beforehand. The only problem with the local builders was that they took about six months to get back to us with their quotes because they know us well... Everything else seemed more important to them than our offers 😉
Grantlhaua schrieb:
Hello,
We are building a house next year with 184 m2 (1981 sq ft) plus a basement and a double garage, and we have already received most of the quotes. We are currently looking at around 500,000 € including contingency and landscaping, but we have also planned for high-quality features (premium windows, a central ventilation system, a very large kitchen, 3 bathrooms, a finished basement with a hobby room, ...)You just copied the post from @AndreasGMT that easily 😉
Grantlhaua schrieb:
You’re right, sorry! 🙂 Is the scaffolding included?Yes, scaffolding is included. We are also building with an architect using individual trade contracts.
G
Grantlhaua13 Aug 2018 10:17ypg schrieb:
You just copied the post from @AndreasGMT that easilyI only wanted to point out that we're basically planning to build the same house for the same money and that we are actually a step further along than he is 🙂 Sorry if that got a bit out of hand 😀