ᐅ Looking for affordable and reliable prefab home builders (lower budget).

Created on: 21 Aug 2019 04:59
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Wooden-Heart
Hello everyone,

We (from the beautiful and expensive Baden-Württemberg region) would like to realize our dream of owning our own home. We are planning a small single-family house with 2 children's rooms.

Now we are looking for the "affordable/good and common" prefabricated house suppliers.

Based on a suitable cost calculation, we have a budget of about 300,000 to 320,000 euros.
This includes the plot and all other costs, such as notary fees, utility connections, land transfer taxes, outdoor landscaping, concrete slab (if necessary), etc. (in other words, everything from site fencing to missing toilet brushes)—all costs included.

Since we are at the borderline of “almost impossible,” we are aware of the challenge.
Now it is our task to see whether the “almost impossible is actually possible.”

Roughly speaking, we can say: a plot without a slope (400 m² (4306 sq ft)) can be purchased here for around 100,000 euros.

--> This means a remaining budget of 200,000 to 220,000 euros for the house (including everything).

Who can simply name the “common prefabricated house suppliers” for us?
Danwood, Massa Haus, Town & Country, Heinz von Heiden, … what else is there that might fit into “our” price range?

Many thanks in advance, I’m curious to see if our wish is achievable or if we will have to look more towards resale properties.

Best regards,
Dominik
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Yosan
5 Sep 2019 18:03
11ant schrieb:

I only know this from notary contracts (as required for the land purchase in BT's case). It was probably introduced to prevent doorstep sales by so-called "midnight notaries."

No idea. As I said, our general contractor mentioned it and gave us a contract with a description of construction services during one of the first meetings, even though everyone knew we wouldn’t be signing it until about four months later at the earliest (in the end, it was six months later).
S
Spike86
9 Oct 2019 14:42
Lanini schrieb:

Well, it is possible. We have a quite similar income (also due to part-time work after parental leave) and have built a house. We took out a loan of 240,000 euros and pay about 950 euros per month in installments. Our equity was just under six figures. As mentioned at the beginning of the thread, we built for under 350,000 euros (160 m² (1,722 sq ft), air-to-water heat pump, ventilation system, etc. + double garage). All inclusive, including the plot and landscaping. But as I said, we live in a very rural area, and prices here are not comparable to prices in other regions. And I do agree that the OP’s budget is not sufficient and they cannot get a house plus land for that amount. I also agree that the income is too low if the full 320,000 euros need to be financed with no equity. I just don’t like the general statements that a new build is basically impossible with this income… because for us it was/is possible.

(Although I should mention, at the time of financing we were still childless and I was working full-time, so the income was not higher.)

Equity was six figures?! How long did you save for that or did you inherit it? I won’t ask about your age :P

Regards
tomtom799 Oct 2019 16:22
@te So, what happened to your plans?