ᐅ Increase in Wood Prices – Order Confirmation Already Signed

Created on: 13 Apr 2021 07:46
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lisa-kessler
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lisa-kessler
13 Apr 2021 07:46
Hello dear forum members,

We signed the order confirmation for our house back in August 2020.

In October of this year, we will sign the construction contract, and in November the foundation slab will be laid.
The site work will start around May.

The house assembly is scheduled for April next year.

Now we have heard about significant price increases in the timber sector.

Can we expect a price increase despite the signed order confirmation?

Wording of the order confirmation: "House: March/April 2022, depending on weather conditions and completion of preliminary work.

The final construction sum will be fixed in the construction contract after the approval planning and selection of finishes.

In case of financing refusal by the lending institutions, the order confirmation expires without any costs."
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MM1506zzzz
13 Apr 2021 08:18
What exactly does the contract (why a confirmation of contract?) that you signed say?
Since the house price apparently hasn’t been finalized yet:
lisa-kessler schrieb:

In October this year, we will sign the construction contract, and the foundation slab will be poured in November.
lisa-kessler schrieb:

The final construction sum will be fixed in the contract after completion of the permit planning and selection of materials at the factory.

If I were you, I would expect an increase. The building company still has plenty of room to include this in the price.
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lisa-kessler
13 Apr 2021 08:21
MM1506zzzz schrieb:

What exactly is stated in the contract (why is it called an order confirmation??) that you have signed?
Since the house price apparently hasn’t been finalized yet:

I would expect an increase. The home construction company still has plenty of room to include those costs.


Hello MM1506zzzz,

The order confirmation includes the type of construction, the building location, and all associated costs.
The home builder requested the order confirmation to secure certainty and to firmly schedule the appointment.
The total costs are listed in this document, except for the costs related to selections and additional items that we will decide on later.
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guckuck2
13 Apr 2021 08:23
Then prepare yourself for interesting costs during the detailed measurement survey.
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lisa-kessler
13 Apr 2021 08:24
guckuck2 schrieb:

Then prepare yourself for some interesting prices during the quantity survey.

So, basically, he includes the increased timber prices in that?

What legal value does such an order confirmation have?
The prices are fixed in it, and we have signed it as well.
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lisa-kessler
13 Apr 2021 08:27
But everything is really transparent...
We have already seen all the items included in the standard package.
So, there shouldn’t be any unpleasant surprises during the selection process.