Hello!
First of all: These are just my initial thoughts, not concrete building plans, and I don’t have a plot of land yet.
I like the idea of a small house for a single person and a minimalist lifestyle. I’m thinking of around 70sqm (750 sq ft), a simple rectangular layout, solid but basic (let’s say manual light switches, standard windows, small bathroom, small kitchen, etc.).
Land prices here range from 100 to 250€/sqm (I’m estimating around 120,000€).
I already have a financing commitment of 300,000€, my net income is 3,300€, my equity is quite low at 30,000€, my home savings contract currently has only 8,000€, and I’m 34 years old.
Is it realistic to achieve the dream of owning a house with a budget of 300,000€? Realistically, only about 150,000€ would be left for the house itself. Is it possible to build something simple with that? And how do you get started? Should I look for a plot first and then go to an architect?
So far, I’ve only found price information for houses over 120sqm (1300 sq ft), but that’s not an option for me alone.
First of all: These are just my initial thoughts, not concrete building plans, and I don’t have a plot of land yet.
I like the idea of a small house for a single person and a minimalist lifestyle. I’m thinking of around 70sqm (750 sq ft), a simple rectangular layout, solid but basic (let’s say manual light switches, standard windows, small bathroom, small kitchen, etc.).
Land prices here range from 100 to 250€/sqm (I’m estimating around 120,000€).
I already have a financing commitment of 300,000€, my net income is 3,300€, my equity is quite low at 30,000€, my home savings contract currently has only 8,000€, and I’m 34 years old.
Is it realistic to achieve the dream of owning a house with a budget of 300,000€? Realistically, only about 150,000€ would be left for the house itself. Is it possible to build something simple with that? And how do you get started? Should I look for a plot first and then go to an architect?
So far, I’ve only found price information for houses over 120sqm (1300 sq ft), but that’s not an option for me alone.
Schimi179123 Feb 2021 12:01Maybe over time, if life circumstances change, a tiny house could be expanded through additions to become a "real" house? 🙂
A kind of modular construction, so to speak...
For example, prefabricated house companies like fertighaus.de offer dedicated tiny houses.
A kind of modular construction, so to speak...
For example, prefabricated house companies like fertighaus.de offer dedicated tiny houses.
P
Pinkiponk23 Feb 2021 12:04ypg schrieb:
You can sell real estate, but a small house of 70 sqm (750 sq ft) doesn’t have a large target audience. Just a heads-up.I’m not so sure about that. A 70 sqm (750 sq ft) house is roughly the size of a condominium, and I think many people would prefer a detached single-family home over an apartment. The target group could be single men, women, or diverse individuals living alone, or single parents with a child who might soon move out. Or a very much in love ;-) couple without plans for children. I searched for a property like this in my younger years as a single but never found one.P
Pinkiponk23 Feb 2021 12:06Michele87 schrieb:
It will probably be more of a pipe dream than a tiny house 😀 Oh, don’t give up so quickly. ;-) You’re just at the beginning of the process, and you can’t stop it right away. ;-) How much do land plots cost in your area? Would you like to tell us in which region you want to build? As you probably know, I’m building in the Leipzig area.
Schimi179123 Feb 2021 12:09Pinkiponk schrieb:
...
A 70m² (750 sq ft) house is roughly the size of a condominium, and I think many people would prefer a detached single-family house over an apartment unit.
...For example, prefabricated house websites offer tiny houses separately.
Pinkiponk schrieb:
I'm not so sure about that. A 70m² (750 sq ft) house is roughly the size of a condominium, and I think many people would prefer a detached single-family home over an apartment unit. The target group would be single men, women, or diverse individuals living alone, or single parents with one child who might soon move out. Or a very much in love ;-) couple without plans for children. I looked for such a property as a single person in my younger years but couldn't find one. No idea. Here we have several singles... all of them have over 100m² (1,075 sq ft) and actually use the space. If I buy a house including the land, it has to hold its value. An expensive plot with a 70m² (750 sq ft) house, meaning about 55m² (590 sq ft) of living space, is ultimately not worth the money.
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