ᐅ Overwhelmed... Is my calculation or knowledge correct?

Good evening!

I come from the Tübingen district and I am 27 years old. My wife and I have now received confirmation for our desired plot, which we will buy in the next few days. Now the planning for the actual house begins.

I am a complete beginner and have browsed this forum a bit, but it’s overwhelming. All the information drives me crazy and discourages me; I don’t even know where to start!

We don’t have a huge budget and want to build with a construction company such as Heinz von Heiden, Town & Country, or Scanhaus Marlow. Some kind of builder that is not the most expensive but still delivers good quality work, preferably solid construction. There are good and bad reviews about every builder online, so I won’t even ask here for recommendations, right?

What I have found out so far are the following hidden costs: (House only, no landscaping)

On top of the “turnkey price,” I have to calculate:
1. About 25,000€ (27,500 USD) additional construction costs
2. Kitchen
3. Lighting fixtures
4. Own work, usually: flooring/wall work + materials
5. Basically add about 20,000€ (22,000 USD) for selections to the stated “turnkey price” because the standard is often too basic

I need to pay attention to the construction description included with “turnkey”:
1. Is triple glazing included?
2. What standard is installed?
3. Heat pump, etc.?
4. What extras do I want + what does all that cost?

I would like to know now:

1. What is the best way to proceed? I want to schedule appointments with the companies mentioned above. How do I best prepare for meetings with these somewhat opaque builders?

2. What other hidden costs should I watch out for that I haven’t mentioned or don’t know yet?

3. What must the house absolutely have in terms of “equipment”/standard?

An example of how I calculate:

House standard turnkey: about 170,000€ (187,000 USD)
Selections:        about 20,000€ (22,000 USD)
Additional construction costs: about 25,000€ (27,500 USD)
Flooring + wall materials: about 6,000€ (6,600 USD)
Kitchen:             about 15,000€ (16,500 USD)
Lighting:            about 3,000€ (3,300 USD)
Financial buffer:      about 5,000€ (5,500 USD)

= 244,000€ (269,000 USD)

Is this correct? Am I missing anything? Do I need to add anything else, if yes, what?

I would really appreciate your help!
Best regards

Hello and welcome!

Take a look here:
https://www.hausbau-forum.de/threads/liste-der-Baunebenkosten.9737/
and here:
https://www.hausbau-forum.de/threads/warum-ein-Hausbau-fast-immer-teurer-kommt-als-kalkuliert.16237/

If you have a price of 170,000 “turnkey” for a house of that size, you can assume that no energy-efficient technology supported by KfW is included.
Also, brick cladding, high-quality plaster, colored foil windows, etc., will likely not be part of the price. On top of the catalog price, you should add at least €10,000 (about $11,000) for the house, and €20,000 (about $22,000) for interior features; a more modest amount of around €10,000 (about $11,000) might be sufficient in some cases.
A buffer of at least 10% is recommended, preferably a bit more.
The scope of work description applies to the house; anything not listed there will have to be purchased additionally.
Ancillary construction costs of €25,000 (about $27,500) may also be quite tight.

Schwabenland schrieb:

.. and we want to build with a construction company. Heinz von Heiden, Town & Country, or Scanhaus Marlow.

Quite cheap, but in the end mostly quite expensive! For example, there is currently a very interesting thread here about Heinz von Heiden for you.

Schwabenland schrieb:

On the “turnkey price” I have to add:
1. about €25,000 (about $27,000) additional construction costs

Too little, far too little.

Schwabenland schrieb:

1. What is the best way to proceed now?

Read a lot … here on the forum


Bauexperte

What I don’t understand is that, if I remember correctly, Scan doesn’t build with solid construction. And weren’t Heinz von Heiden and Town & Country also timber? Phew, that was so long ago.

@toxicmolotow as far as I remember, only Scan builds timber frame structures from that. ops

The original poster is not concerned with wood or stone, only with the total at the bottom right.

Bauexperte