ᐅ Semi-detached house with a budget of approximately €350,000

Created on: 27 Aug 2013 14:36
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Neonjay14
Hello everyone,

My partner and I are planning to build a semi-detached house.

We already own the plot of land. We have a budget of about €45,000 (approximately $48,000) for additional construction costs. The costs for the kitchen and fireplace are also covered. We have around €350,000 (approximately $370,000) left for the house and garage. Our desired specifications for the house are roughly as follows:

  • Basement, ground floor, first floor, and a finished attic
  • Living area starting from 160 sqm (1,720 sq ft)
  • Maximum exterior dimensions: 6.50 m x 12.50 m (21 ft 4 in x 41 ft)
  • Many floor-to-ceiling windows
  • Possibly a bay window or conservatory
  • Small gable dormers
  • Parquet flooring in all living areas
  • High-quality tiles and bathroom fixtures
  • Guest WC on the ground floor
  • Bathrooms on the first floor and attic with walk-in showers. The bathroom on the first floor also includes a bathtub
  • LED spotlights in all ceilings and on the walls of the stairwell
  • Built-in radios in the bathrooms and kitchen
  • Electric roller shutters
  • Underfloor heating
  • Bus system to control lighting, roller shutters, and underfloor heating
  • Open kitchen/living area with a panoramic fireplace as a room divider
  • Multimedia outlets
  • Walk-in closet in the master bedroom

Is our desired specification feasible within the stated budget of about €350,000 (approximately $370,000) just for the house? What additional features should we consider including?

Thanks for the feedback

Jay
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Neonjay14
6 Sep 2013 11:43
Our offer, including all extras, is approximately 10% above the 350,000 planned by us.
Der Da6 Sep 2013 12:03
Add another 10% to that; this is the total amount by which any construction project always ends up costing more than initially expected 🙂
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Wastl
6 Sep 2013 13:07
Even in Munich, you can easily get a semi-detached house with technical features and a waterproof concrete basement (white tank) for 350,000. We paid just over 250,000 for a 6.5 x 10.30-meter (21 x 34-foot) house (house only). Of course, we don’t have a BUS system, but a bay window, Homeway, and so on are included in our build.