ᐅ Planning a Single-Family Home

Created on: 18 Nov 2014 09:58
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alex1304
Hello dear forum,

My partner and I, both 26 years old (+ child), are currently starting to consider the possibility of buying a house. We have received various catalogs for prefabricated houses and solid construction houses. We are also open to the idea of building through an architectural firm.

We are complete beginners in this area and quite inexperienced. Here are some key details about the desired house:

Single-family home, plot size about 500m² (5400 sq ft), living area about 120-135m² (1300-1450 sq ft), at least 3 bedrooms, no bungalow style, possibly a basement, underfloor heating at least on the ground floor, kitchen island, KfW standard at least 70. These are just the rough ideas for now.

We want to build in a village of 5,000 inhabitants in Saxony-Anhalt, where serviced plots cost around 30,000 EUR.

What total costs should we roughly expect? Is building a house possible at all with only 25,000 EUR in equity and a combined net income of 3,500 EUR? Currently, we pay 650 EUR per month for our apartment including utilities.

We would be very grateful for any tips and advice!
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DNL
19 Nov 2014 08:46
Example of a basement: I requested a preliminary quote from Glatthaar for a basement. A usable basement with 60 sqm (645 sq ft), four rooms, four windows, a concrete staircase, and insulation would cost around 42,000 EUR. This price does not include excavation work.