ᐅ Cost Breakdown for Construction Projects – Is It Truly Realistic?

Hello everyone,

As we are gradually finishing our building project, an acquaintance of mine also wants to build and has presented a much lower cost estimate. This made me wonder how that price can be achieved.

The facts are:
140 m² (1,507 sq ft) city villa, brick facade, partial basement (toilet, party cellar, technical room), KfW55 energy standard, centralized controlled ventilation system, triple glazing, RC2N windows, painting, tiles and flooring included, underfloor heating, no owner-provided labor, including additional construction costs such as construction electricity and water.
287,000 EUR

How is this price achievable?
For comparison, we built a 160 m² (1,722 sq ft) Frisian-style house, KfW70 standard, centralized controlled ventilation system, underfloor heating, brick facade, RC2N windows, triple glazing, without construction electricity and water, without flooring, painting, and interior doors, and had a cost estimate of 247,000 EUR. Additional expenses such as upgradings pushed the price up by a few thousand, but I’m sure you know how that goes.

Thanks and best regards

Same Construction Company?

I would suggest taking a close look at the scope of work description. What is the tile price per square meter? How extensive is the electrical package? Which brands are included in the sanitary fixtures? What type of heating system is used?

Did you build with or without a basement?
Otherwise: 20 m² (215 sq ft) more living space, Frisian gable!

I can also easily imagine that prices for certain items are currently easing (windows).

Yes, and then the scope of work description gets reduced year by year. You hardly notice that 😉

Best regards in short

Thanks first of all for the responses.

It's actually less about comparing the two construction projects, since the conditions are too different (basement vs. no basement, no self-performed work vs. installing floor coverings myself, etc.). I considered our price realistic at the time, and the estimate from my acquaintance seems quite cheap to me.

So the question is whether I am simply wrong because I cannot back up the differences well with numbers, or if there are many hidden costs in the construction scope description.

He might be building with Team Massiv? But right now, progress will likely be very slow. They are extremely busy and have difficulty finding subcontractors because they are very stingy. Karsten

Over 2000 per square meter (10.7 per square foot) doesn’t seem too cheap to me...