Oetti
2021-06-29 12:03:09
- #1
I now have a mental problem and déjà vu, having already written something regarding some costs, but this seems to be (rather only) a similar parallel thread here.. :confused: I always like to point out not only to follow your own post but also to read similar threads - there are similar tips etc. that are somewhat lacking here because you have already written them as a tip-giver. How many calculation gaps does this post contain? The property is not paid off, own work in what amount and for what? It's not like own work is a factor x that just happens by itself, but this factor x of own work must also be provided (be feasible). But it is a common method to replace a few thousand euros that are missing. Either you have to do it yourself or somehow otherwise, which again costs money, which you do not have due to the lack of equity. The 11,000 just barely covers the kitchen. What is included in the turnkey offer? Usually, there are huge additional items, the last in line being floor coverings and painting work as own work, which again causes material costs.
We also once looked at a turnkey house where the following items were not included in the price: All interior painting work, all floors (except bathroom and kitchen), the terrace, the path from the street to the front door or the yard, the lacquer finish of the staircase frame. Please also remember the little things in the buffer that are not noticed beforehand: skirting boards, curtains, towel rails, lamps, light bulbs for the lamps, wallpaper, fly screens, etc. These items are not absolutely necessary but can cost quite a bit in implementation and the list can be extended arbitrarily. I can understand your thoughts along the lines of "The construction costs will increase in three years more than what we can save during that period," but it is not critical. Everyone who plans real estate has these thoughts. However, it does not help you if the project is too tightly budgeted and therefore fails afterwards. With no reserve, even a few months of short-time work or a major car repair can cause serious stress.