Chris.de
2015-05-28 18:57:03
- #1
Hello everyone,
I have already read quite a bit here and now I have a question myself.
We have been looking for our own house for a long time and have finally found one.
Since it is an old building from 1966, I also want to renovate quite a bit.
Key data of the house:
Detached single-family house, solid construction, 6 rooms
Purchase price €265,000
626m² plot
157m² living space
77m² usable space
2 garages
2 full floors
Gas burner is from 1993 and was recently serviced/checked. It should continue to be used for now.
Building fabric and roof are in very good condition.
The following work I want to do as soon as the purchase is completed.
The electrical system is still from 1966 and I want to completely renew it.
Remove floor coverings, screed
Insulation + underfloor heating with new screed
New windows with electric shutters.
SPS system
New water pipes
New floor coverings (tiles and parquet)
Renew bathroom and guest WC.
And of course a lot of small stuff.
I am an electrician myself and have meanwhile gained a lot of experience with a new build and an old building of friends. Therefore, I will do the complete electrical installation and programming of the SPS myself. I will also do the underfloor heating myself.
Later on, a new facade including insulation is planned.
I still have to go to the bank and arrange the financing. Equity is available, about €150,000.
However, I am still a bit unsure about the renovation costs; I roughly thought about €100,000 since I want to do a lot myself/with friends.
Is that realistic? Or do I have to make some compromises, possibly without the SPS?
If any important information is missing, just ask.
I have already read quite a bit here and now I have a question myself.
We have been looking for our own house for a long time and have finally found one.
Since it is an old building from 1966, I also want to renovate quite a bit.
Key data of the house:
Detached single-family house, solid construction, 6 rooms
Purchase price €265,000
626m² plot
157m² living space
77m² usable space
2 garages
2 full floors
Gas burner is from 1993 and was recently serviced/checked. It should continue to be used for now.
Building fabric and roof are in very good condition.
The following work I want to do as soon as the purchase is completed.
The electrical system is still from 1966 and I want to completely renew it.
Remove floor coverings, screed
Insulation + underfloor heating with new screed
New windows with electric shutters.
SPS system
New water pipes
New floor coverings (tiles and parquet)
Renew bathroom and guest WC.
And of course a lot of small stuff.
I am an electrician myself and have meanwhile gained a lot of experience with a new build and an old building of friends. Therefore, I will do the complete electrical installation and programming of the SPS myself. I will also do the underfloor heating myself.
Later on, a new facade including insulation is planned.
I still have to go to the bank and arrange the financing. Equity is available, about €150,000.
However, I am still a bit unsure about the renovation costs; I roughly thought about €100,000 since I want to do a lot myself/with friends.
Is that realistic? Or do I have to make some compromises, possibly without the SPS?
If any important information is missing, just ask.