Gerddieter
2021-04-25 09:54:26
- #1
Hi everyone,
a brief report from our building project (planned groundbreaking May 10). Our house has increased in price by 30% compared to Dec 20 – that is 5 months ago. The architect called us a few days ago with the pleasant news. In numbers, that means we now pay 170k more. Offer Dec about €596,000. Now about €770,000 – for the same house... it’s crazy what’s going on right now. Unfortunately, we already finalized the construction financing in January to secure the good conditions; unfortunately, the bank insists on the fulfillment of the contract – additional financing here we come ;-(
Best regards from Leipzig
Oh dear, that’s terrible!
Were there already concrete offers in 12/2020 or did the architect just "correct" his calculation? Then I would be interested to know if the previous calculation was accurate....