Caspar2020
2018-09-03 14:38:23
- #1
In the case with a granny flat, we can expect about €1900 / month. Without the granny flat, it would be more like €1100 / month. However, these amounts are just rough estimates from us based on current rent paid and what could be earned monthly beyond that. Are there possibly specific methods to approximate these values?
um, rent is not the same as financing options. A house needs more than just ancillary rental costs to operate. Simply put, loan + ancillary costs + reserves for maintenance/repairs.
Per sqm, you can already estimate €1-1.5 for ancillary costs, plus another €1 for reserves
Greenfield
Comes from IT....
We are just starting to build equity. It also depends on whether we are doing this on our own or together (granny flat yes/no).
So that means between zero and a little? No BVS? Or how much could grandpa contribute.
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- I would ask around what the price per sqm of land is in your area.
- At the same time, pressure my house bank or local bank, or a broker, on what is actually possible with your budget.
- Keep a household budget book.
As first steps.
For the house itself....
From the budget, subtract €30,000 for incidental building costs, €15,000 for the absolute minimum outdoor facilities, and possibly money for furniture e.g. €10,000 for the kitchen.
What remains, divide by 1800€ and you get the size of the house with standard fittings.
Maybe rather estimate €2,000 per sqm...