Construction financing for a large family house

Build 20-30 sqm smaller

Regards, Yvonne

Edit: I just saw, you are the one with the 5 children's rooms, I was working on that floor plan today (moved the walls a bit) and had a hard time [emoji28]
Smaller is hardly feasible, but I found a possibility for later to section off a small granny flat.

Keep in mind that for a slope, the supports with concrete can become quite costly.

Regards, Yvonne

200sqm for 260k€ with a slope. Wish or reality? I haven't read the thread yet (mobile) but with 7k income the desired rate is very modest. That could also be represented with a realistic rate and construction costs

200sqm for 260k€ with a slope. Wish or reality? I haven't read the thread (mobile) but with an income of 7k the desired rate is quite modest. That could also be represented with a realistic rate and construction costs

Yes, theoretically yes. But 7 people and two cars need to be supported from that. Then it’s not that much anymore. The figures were given to us by 3 different construction companies. So turnkey we always ended up around 325,000 turnkey, but simply equipped. Do you think that is unrealistic? And no, I really don’t think we can make the floor plan any smaller :-( . Then better invest more or borrow? I don’t know either; these are such big numbers, I somehow find it really hard to take on even more :-(

Keep in mind that retaining walls with concrete can get quite expensive on a slope.

Regards, Yvonne

I don't think anything needs to be retained behind the house. The slope rises rather moderately and over 44m, of which we don't want to use all as a proper garden. I imagine it a bit like wilderness for climbing with slides on the slope. And I hope that it's somehow possible to grade the slope a bit.
Next to the house and towards the neighbor, the costs for L-shaped stones amount to about 2000 euros. Soil will have to be dug away anyway during the house construction. But I'm sure I'm overlooking something... At the back of the house there's about 30m with a 4.5m height difference, whereby the property especially rises a lot in the "wild" planned area at the very back, at least that's my impression. If you have to start again with L-shaped stones over the entire width, that's another 3000 euros for materials plus labor. We should probably let ourselves be guided by that, right?
Phew, this project is really not that easy...

So turnkey, we always ended up at about 325,000 turnkey, but simply equipped. Do you think that is unrealistic?

No, not unrealistic, but +60,000 EUR incidental construction costs + land. And then very simply equipped.