Construction financing, construction costs - will this work?

Elektrik kann man wohl sehr gut Selbermachen.

If there is an electrician in the family, then you can probably manage the connection to the grid.

Thanks for your answers.

Yes, that’s right, with 2 kids and part-time I also see that critically. But you must not forget that we are still at the beginning of our professional experience. Until we consider having children, something should still happen. Especially since we would have to move anyway and the rents in our area for 100-120sqm would also be around 1500€ including utilities.

However, my wife also says that she wants to work full-time again as soon as possible – as it stands now. She works shifts and often finishes at 2 pm and also has some weekdays off. Grandma and Grandpa would then also be nearby, they’re already eager to help. But possibly my wife’s plans will change hormonally.

That is basically the sticking point we are currently at: we want to expand. So rent or mortgage, so to speak.

My wife would then simply have from 24km to 59km, but could also more "easily" change employers. However, she would definitely have to cover the distance by car.

For me, it would be from 10km to 37km, but I would travel most of the distance by train.

Currently my wife takes the train and needs between 60 and 90 minutes. I drive by car and/or bike and need 17-30 minutes by car. For my wife, the travel time would hardly change because you can get through by car pretty well.

All not so easy. Maybe we should rather sell the property and buy something used nearby.

In the next few weeks I will try to get an as concrete as possible overview of the construction costs as well as the ancillary costs.

Hmm... if you have a banker in the family, do you also get financing?