Hello,
I am planning to build a new house!
Dear users, I have done some research and would now like to get some feedback from you!
Here is my idea:
I have a budget of 210,000€ (about 210,000 US dollars). Included in the budget must be: a prefabricated house plus the land!
About the land: I reserved a plot a long time ago because land here is very cheap, which is why I decided to build a house!
So, my plot:
765 square meters (about 8,230 square feet)
The price per square meter is 50€ (very cheap) (38,250€ total)
The special deal from the local town hall is that since I have children (I have two) and will live there with my family, the price per square meter is 45€ (even cheaper, I don’t think it can get any lower!) (34,425€ total)
Now, I am trying to find a construction company that can give me a concrete offer! That means a house with up to 120 square meters (about 1,290 square feet), maybe even less, should cost me turnkey up to 160,000€ (not more!).
I have already received several offers, but I think it could be done even cheaper. I have a small amount of equity, around 11,000€ (which I would like to use for additional construction costs, a nice kitchen, or for doing some work myself).
Now my specific question: Do you think it is possible to achieve this price? Of course, it would be even better if it comes in cheaper!
So, I’m looking forward to your opinions!
I am planning to build a new house!
Dear users, I have done some research and would now like to get some feedback from you!
Here is my idea:
I have a budget of 210,000€ (about 210,000 US dollars). Included in the budget must be: a prefabricated house plus the land!
About the land: I reserved a plot a long time ago because land here is very cheap, which is why I decided to build a house!
So, my plot:
765 square meters (about 8,230 square feet)
The price per square meter is 50€ (very cheap) (38,250€ total)
The special deal from the local town hall is that since I have children (I have two) and will live there with my family, the price per square meter is 45€ (even cheaper, I don’t think it can get any lower!) (34,425€ total)
Now, I am trying to find a construction company that can give me a concrete offer! That means a house with up to 120 square meters (about 1,290 square feet), maybe even less, should cost me turnkey up to 160,000€ (not more!).
I have already received several offers, but I think it could be done even cheaper. I have a small amount of equity, around 11,000€ (which I would like to use for additional construction costs, a nice kitchen, or for doing some work myself).
Now my specific question: Do you think it is possible to achieve this price? Of course, it would be even better if it comes in cheaper!
So, I’m looking forward to your opinions!
Are the additional costs already included?
In fact, it doesn't really matter... whether with or without additional costs, in my opinion, that is not realistic. You might get a rectangular shell home with a pitched roof without dormers or similar extras for that price, but the question is whether you want that and if you have the budget, time, and skills to make such a house ready to move into yourself.
In fact, it doesn't really matter... whether with or without additional costs, in my opinion, that is not realistic. You might get a rectangular shell home with a pitched roof without dormers or similar extras for that price, but the question is whether you want that and if you have the budget, time, and skills to make such a house ready to move into yourself.
