Can I afford a two-family house in Munich?

Town & Country offers the Flair 180 Duo for just under 465,000 EUR for the Munich region. So no mini standard for 600,000 EUR, blah blah blah.

Provided the house fits into the building plot... As soon as it no longer fits and you have to plan individually, 600,000€ quite quickly is no longer blah blah blah. btw do you get a commission or why do you almost always advertise Town & Country in nearly every post? Apart from the price, which I also do not consider realistic: getting to the desired 180-200sqm with 300sqm ground floor without an attic floor is quite ambitious.

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btw do you get a commission or why do you praise Town & Country in almost every post?
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No, I am just extremely annoyed by your hammer-nail problem, where no house can be built for less than 3,000 EUR/m². That is demonstrably false; it can be done much cheaper...

Am I not allowed to recommend a company as a satisfied builder? If other companies would post their turnkey starting prices online, I would refer to them too... but no one does except the ones with the 2 letters.

No, what really annoys me is your hammer-nail problem, where no house can be built for less than 3,000 EUR/m².
That is demonstrably false, it can be done much cheaper...

But with Town & Country it’s like saying in every Audi, VW, Peugeot, Mercedes, Skoda, etc. forum that there is also a cheaper car, namely a Dacia.
Yes, as an entry price you can build cheaply with Town & Country. But then you also have to compete with Deutsche Reihenhaus, Traumhaus, etc. It’s all on the same level there. But not what actually gets built in the end. Who stops at the entry price – as with cars? No one.
On average, you will end up at 3,000€/m² – regardless of the type of construction, whether single-family house/semi-detached house/two-family house/multi-story residential building. And that’s what you should expect.

You always accuse me of being too progressive as a banker with my creditworthiness assessments because I believe a couple with one child can manage with "only" 3,000€ monthly living expenses. You always say that is not enough (even though you have no clue about the subject).
But when it comes to construction costs, you always shout that you can easily build 20-30% below average without any problems. That may apply in individual cases (Town & Country even advertises in their current franchise brochure construction prices starting at 1,400€/m²!!!), but it does not reflect the reality of the average construction industry. And it doesn’t matter whether it is the big general contractor or the small local company. I see developer calculations every week; below 3,000€/m² only in individual cases for social housing. Yes, you can live in these buildings too, but they are just as common as single-family houses for the same construction costs per square meter (and have the same standard).

Hello Chaos Queen,

without an input plan, no construction company will give you a serious offer.

Unfortunately, it is not just about square meters, but about "built-up volume". You need an architect who will first create a draft based on the possible development. A construction company will then see "how many walls, bathrooms, window sizes"... to put it simply... and can provide an estimate. Before that, you are absolutely groping in the dark.

Last year we built our house in the Munich suburbs. The plot was already owned by the family, so only the pure construction costs:

House, 2 full floors, gable roof, timber frame construction, basement + 172 sqm living space: 670,000 euros
Earthworks, excavation and disposal of very poor soil, refilling with gravel: 30,000
Sewer connection, water connection, electricity, telecom: 10,000
Garden, terrace, paths, garden shed: 40,000
Land registry, fees, notary, authorities, surveying, etc.: easily 8,000
Garage: 40,000
Kitchen: 20,000 --> always comes on top
Furniture: don't forget.

Peanuts like construction fence, energy consultant, builder’s liability insurance were no longer recorded at some point... The bills keep coming and seem endless. Plan sufficient buffer. Especially the outdoor design eats up a huge budget again.

My friend is currently building a semi-detached house of similar square meters, only on three floors + basement, and their costs are around our expenses as well.

I do not want to discourage you, as I think that especially in Munich a plot of land is still "worth its weight in gold", but with a total budget of 500,000 it will not be possible.

But upfront: Just the costs for

Hello,
We have a plot in Munich in sight where price-performance ratio would be right.
The plot is 300 sqm, allowed to be built two stories.
We would like to build a two-family house here, but we are still at the very beginning and first need advice on what costs to expect.
This is what we imagine:
White basement
Ground floor with 3.5 rooms and 1st floor with 2.5 rooms and balcony, roof not developed (living space approx. 180-200)
We would have 500,000€ available for this
What rough cost per sqm should we calculate so that we even know whether it is worth investing more energy here or not?!

Hello Chaos Queen,

it’s not purely based on square meters, but on "built-up space." You need an architect who will first create a design for you based on the possible development; otherwise, no house construction company will make you a serious offer.

From the design, the provider will see "how many walls, bathrooms, window sizes" ... to put it simply ... and can give an estimate. Before that, you are absolutely groping in the dark.

We built our house last year in the Munich outskirts. The plot was already available within the family, so these were just the pure construction costs:

House, 2 full floors, gable roof, timber frame construction, basement 85 sqm + 172 sqm living space on the ground floor; upper floor: 670,000 euros
Architect, submission plan stages 1-4: 12,000 euros
Earthworks, excavation and disposal of the clay soil, refilling with gravel: 30,000
Sewer connection, water connection, electricity, telecom: 10,000
Garden approx. 300 sqm, terrace, paths, garden house: 40,000
Land register, fees, notary, authorities, surveying, etc.: easily 8,000
Garage: 40,000
Kitchen: 20,000 --> always comes on top
Furniture: don’t forget.

Peanuts like construction fences, energy consultant, builder’s liability insurance eventually stopped being recorded ... The bills keep coming and never seem to end. Plan enough buffer. Especially the exterior design hits the budget again.

My friend is currently building a semi-detached house of similar square meters, just over three floors + basement and they are also around our costs.

I don't want to discourage you at all because I think that especially in Munich a plot is still "worth its weight in gold," but with a total budget of 500,000 it will hardly be possible.

Good luck!

You’re slowly going crazy ;) Town & Country is more like a Golf than a Dacia. And the banker is not a friend, but first and foremost someone who wants or has to make money. Just like the house seller or builder. And which subforum anyway? In terms of car forums, this would be the forum where you ask what you can afford... and you’re not allowed to recommend the Golf?