Construction costs are currently skyrocketing

  • Erstellt am 2021-04-23 10:46:58

Pitiglianio

2023-02-14 21:57:38
  • #1
Does anyone know current prices for precast concrete ceiling elements? Span 6m for garage roof.
 

debaser

2023-02-15 09:25:12
  • #2

Ok, thanks. I also had the feeling that it’s reasonable. I’ll probably go for it – also due to a lack of alternatives..
 

xMisterDx

2023-02-15 09:59:10
  • #3
Honestly, the price surprises me. Most of your Google results cost over 200 EUR per meter. And that doesn't even include material for the foundation or paying a worker. PS: Your first image hit "Florenz" costs 560 EUR for a 2m piece...
 

debaser

2023-02-15 14:53:34
  • #4
Maybe it is sorted differently for you - my first hit is a "Schmuckzaun Barcelona" and it costs about 50€ per meter. In general, under "Schmuckzaun" you can of course also find much more expensive models.
 

Schorsch_baut

2023-02-15 16:47:00
  • #5
I just read an interesting article in the major Frankfurt daily newspaper about the current trends in real estate financing. Interestingly, the situation with old buildings is quite different from the impression given here.

"According to data from Dr. Klein, about 67 percent of financings were for the purchase of existing properties a year ago, recently it has been almost 85 percent. Financing for new owner-built homes has decreased significantly. In January 2022, their share was 22 percent, at the beginning of 2023 it was 12.7 percent. The share of developer-built new homes fell from 10.7 to 2.4 percent. A similar trend is seen at Interhyp.
Interest in older properties has also increased. Buildings constructed in 2020 or later accounted for one third of all first financings at Dr. Klein a year ago; currently it is one sixth. In contrast, the share of properties built between 1950 and 1979 has risen from 25 to 34 percent.

Interhyp also reports for 2022 that customers bought older and smaller properties. From 2020 to 2021, the properties financed via this broker were on average 38 years old, by the end of 2022 it was 46 years. The average living space of financed houses decreased (from 161 to 156 square meters). The average living space of apartments, however, remained the same at 80 square meters."

Funny that with our age and the 140 sqm second-hand property from 1840, we exactly fit the growth group. :)
 

Sunshine387

2023-02-15 17:05:58
  • #6
I believe that too. Properties built before 1980 (unless it’s a contaminated prefabricated house) will not drop significantly in price. Because unaffordable new construction inevitably leads to used properties becoming more expensive as well. Not at the absurd post-Corona level of 2021 (500,000€ for 150 m2 built in 1975), but rather at a normal 2019 level (450,000€ for the 150 m2 from 1975). Because the outlook for existing properties is very good. Collapsing new construction due to inflation/material costs => higher interest in existing properties => fewer and fewer existing properties, since there is hardly any new construction anymore if it is unaffordable for most. There will be a normalization of at most 10% for existing properties to the 2019 price level to partly offset interest rates. But there will be no further decline, since building land is extremely scarce and single-family homes are politically unwanted by some, making the existing stock automatically more attractive.
 

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