ᐅ Questions about cost estimation per cubic meter of finished living space in the Hanau region
Created on: 26 Mar 2018 19:16
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Peter L
Hello everyone,
If everything goes well, we plan to build a house this year with about 200 square meters (2,150 square feet) of living space without a basement, including a utility room. So far, we have always calculated with 2,000 € per square meter (approximately per 10.8 square feet), but architects usually calculate based on volume. Unfortunately, we don’t have specific figures for our region yet. Therefore, the first question:
1. Does anyone know what the cost per cubic meter (€ per m³) might be around the Hanau (FFM) area?
Now to the main topic. Is the total cost fixed, or does it also depend on the size of the house? Of course, if I take my parents' house as an example, the number of rooms, bathrooms, windows, etc., increased with the size of the house. In that case, a fixed price per square meter makes sense.
We are currently planning with 2,000 € per square meter and therefore roughly 200 m² (2,150 sq ft) of living space. However, I would actually prefer, for example, 230 m² (2,475 sq ft) of living space. The number of rooms wouldn’t change, though. Clearly, the roof, the foundation slab, underfloor heating, insulation, etc., would be larger, but that doesn’t mean 2,000 € per added square meter. I would like to make the living room, study, and storage room a bit bigger accordingly, and also slightly enlarge the bedrooms and bathrooms upstairs.
Now we are considering possibly lowering the standard a little (laminate instead of parquet flooring, etc.) to gain some additional space. This only makes sense if the extra 30 m² (320 sq ft) doesn’t cost 60,000 € more.
Cheers,
Peter
If everything goes well, we plan to build a house this year with about 200 square meters (2,150 square feet) of living space without a basement, including a utility room. So far, we have always calculated with 2,000 € per square meter (approximately per 10.8 square feet), but architects usually calculate based on volume. Unfortunately, we don’t have specific figures for our region yet. Therefore, the first question:
1. Does anyone know what the cost per cubic meter (€ per m³) might be around the Hanau (FFM) area?
Now to the main topic. Is the total cost fixed, or does it also depend on the size of the house? Of course, if I take my parents' house as an example, the number of rooms, bathrooms, windows, etc., increased with the size of the house. In that case, a fixed price per square meter makes sense.
We are currently planning with 2,000 € per square meter and therefore roughly 200 m² (2,150 sq ft) of living space. However, I would actually prefer, for example, 230 m² (2,475 sq ft) of living space. The number of rooms wouldn’t change, though. Clearly, the roof, the foundation slab, underfloor heating, insulation, etc., would be larger, but that doesn’t mean 2,000 € per added square meter. I would like to make the living room, study, and storage room a bit bigger accordingly, and also slightly enlarge the bedrooms and bathrooms upstairs.
Now we are considering possibly lowering the standard a little (laminate instead of parquet flooring, etc.) to gain some additional space. This only makes sense if the extra 30 m² (320 sq ft) doesn’t cost 60,000 € more.
Cheers,
Peter
Very helpful and informative texts. Thanks again!
Theoretically, I don’t need a fixed price, and from what I have heard so far, no one in our circle of acquaintances has received a true fixed price contract. The costs were always higher because much still had to be done by the client side or other issues arose.
For us, it is more about being able to roughly estimate what we can/want to finance. For this purpose, the estimate is sufficient. But if I read a range of plus or minus 50,000, that is difficult for financing.
Now I have to go a bit more off-topic here… I would have estimated the architect’s fee for a single-family house costing 400,000 (without garden, etc., but turnkey including architect) to be lower.
ruppsn schrieb:
By the way: more precise estimates do not help to reduce the currently high construction costs. These are just the current conditions. I would reflect on whether I need a fixed price to feel comfortable. If so, I would rather tend to go with a general contractor...
Theoretically, I don’t need a fixed price, and from what I have heard so far, no one in our circle of acquaintances has received a true fixed price contract. The costs were always higher because much still had to be done by the client side or other issues arose.
For us, it is more about being able to roughly estimate what we can/want to finance. For this purpose, the estimate is sufficient. But if I read a range of plus or minus 50,000, that is difficult for financing.
ruppsn schrieb:
Depending on the rate and scope of the eligible construction costs, the item is often around 50,000 plus or minus.
Now I have to go a bit more off-topic here… I would have estimated the architect’s fee for a single-family house costing 400,000 (without garden, etc., but turnkey including architect) to be lower.
Peter L. schrieb:
If I read +/- 50k, that’s a problem for financing.Not +/- 50k, but 50k +/- or in other words around 50k [emoji4]