Hello,
I wanted to give a brief, ongoing report on the renovation of our old farmstead. Basically, a little diary for ourselves – with maybe some added value for others with similar projects. Our budget: 340,000 EUR including everything, plus ongoing expenses covered from salary, for: modernization of the attic, renovation of the ground floor, with a total of around 190 m² (2,045 sq ft) of living space.
I'll start at the beginning:
We searched for a suitable plot for a long time; there are one or two posts about this in the forum. Unfortunately, plots are also scarce in our area. The older new development areas are sold out, except for the less desirable plots; the “new” development area, which was supposed to come to market 1.5 years ago, is still delayed. The city administration can’t agree on a developer [...]
A great plot that we wanted was unfortunately bought by a competitor. Then our wish list changed: we now wanted two adjacent plots (or one large one that could be divided): one for my parents, one for us. We hoped for certain advantages if Grandma and Grandpa later lived next door. Also, we could better support them in old age. The new development area continued to be delayed. My mom’s and sister’s horses fell ill with lead poisoning where they were kept, so my mom wanted to bring the horses to her place. We then searched in the rural zone for a large plot either close to a stable or ideally with permission to build one. Ha! If only it were that simple...
Although, despite good contacts with the building authority and mayor through my parents, we experienced a fairly reasonable approach to public law (though maybe the contacts didn’t even affect that), nothing really fit. In the end, I expanded my search to old farmsteads that, judging by their layout, could be divided into two living units or were already divided in part. That also took time. Sometimes we hesitated too long. I come from the real estate industry and had difficulty committing to a property immediately without a building surveyor (technical due diligence, as we say) involved.
Then we found our current farmstead, and it fit the bill: just under 400 m² (4,306 sq ft) of living space on paper, realistically a bit less; about 6,200 m² (1.53 acres) plot; a small stable/shed in the outdoor area; carport for 5 cars; division into two theoretical semi-detached units possible or partly already done; DSL 200 Mbps available (! – rare in rural areas here); well-developed road access. What was missing was pasture/land for the horses. What didn’t fully meet our wishes was the state road running along the property with a speed limit of 100 km/h (62 mph) and a large number of crows. But – we liked the house immediately; it had that certain something. My mom agreed spontaneously. No negotiation on the purchase price, which hurt our budget, but that way no one else saw the house and the risk of wild bargaining was eliminated. This does happen here now, especially when wealthy people from the south look for vacation homes on the Baltic coast.
To-dos:
Subdivision of the floor plan into two semi-detached units
Decide who gets the fully renovated semi-detached unit and who still has to renovate
Division of purchase price and incidental costs
Pasture
Outdoor facilities, etc.
TBC
Fun fact: We later learned the hairdresser of my husband’s used to live here with her parents. Our village is small.
I wanted to give a brief, ongoing report on the renovation of our old farmstead. Basically, a little diary for ourselves – with maybe some added value for others with similar projects. Our budget: 340,000 EUR including everything, plus ongoing expenses covered from salary, for: modernization of the attic, renovation of the ground floor, with a total of around 190 m² (2,045 sq ft) of living space.
I'll start at the beginning:
We searched for a suitable plot for a long time; there are one or two posts about this in the forum. Unfortunately, plots are also scarce in our area. The older new development areas are sold out, except for the less desirable plots; the “new” development area, which was supposed to come to market 1.5 years ago, is still delayed. The city administration can’t agree on a developer [...]
A great plot that we wanted was unfortunately bought by a competitor. Then our wish list changed: we now wanted two adjacent plots (or one large one that could be divided): one for my parents, one for us. We hoped for certain advantages if Grandma and Grandpa later lived next door. Also, we could better support them in old age. The new development area continued to be delayed. My mom’s and sister’s horses fell ill with lead poisoning where they were kept, so my mom wanted to bring the horses to her place. We then searched in the rural zone for a large plot either close to a stable or ideally with permission to build one. Ha! If only it were that simple...
Although, despite good contacts with the building authority and mayor through my parents, we experienced a fairly reasonable approach to public law (though maybe the contacts didn’t even affect that), nothing really fit. In the end, I expanded my search to old farmsteads that, judging by their layout, could be divided into two living units or were already divided in part. That also took time. Sometimes we hesitated too long. I come from the real estate industry and had difficulty committing to a property immediately without a building surveyor (technical due diligence, as we say) involved.
Then we found our current farmstead, and it fit the bill: just under 400 m² (4,306 sq ft) of living space on paper, realistically a bit less; about 6,200 m² (1.53 acres) plot; a small stable/shed in the outdoor area; carport for 5 cars; division into two theoretical semi-detached units possible or partly already done; DSL 200 Mbps available (! – rare in rural areas here); well-developed road access. What was missing was pasture/land for the horses. What didn’t fully meet our wishes was the state road running along the property with a speed limit of 100 km/h (62 mph) and a large number of crows. But – we liked the house immediately; it had that certain something. My mom agreed spontaneously. No negotiation on the purchase price, which hurt our budget, but that way no one else saw the house and the risk of wild bargaining was eliminated. This does happen here now, especially when wealthy people from the south look for vacation homes on the Baltic coast.
To-dos:
Subdivision of the floor plan into two semi-detached units
Decide who gets the fully renovated semi-detached unit and who still has to renovate
Division of purchase price and incidental costs
Pasture
Outdoor facilities, etc.
TBC
Fun fact: We later learned the hairdresser of my husband’s used to live here with her parents. Our village is small.
Winniefred29 Jun 2023 12:15It already looks really good! Regarding your question: Will there be a finish coat applied, or what is the final layer? We also had some small cracks in the new plaster, mostly where there was wood behind it, but in our case, a finish coat was applied afterward.
Winniefred12 Jul 2023 12:29The base coat is applied towards the wall, while the finish coat is applied towards the interior.