Papierturm
2024-10-27 21:39:43
- #1
First offers are now in. With kfw-40 we are completely, turnkey, but without floors, in the area of around €570,000, including a garage though. (Cost estimate from the architect's preliminary design was under €400,000)
Clearly too expensive. We have also received rejections. Now also requesting prefabricated houses.
Prefabricated house providers in the same quality and expansion segment are not cheaper (or more expensive) than comparable masonry providers. Of course, if you now compare a premium brick builder with a cheap wood builder and vice versa, then different prices come out.
But I would not assume that.
With a set budget under €400,000 including garage for 160m² turnkey... those days are unfortunately long gone. At the latest here some alarm bells should ring.
An appointment with the architect & a bidding discussion with the - supposedly - cheapest provider resulted in:
Reducing the size brings almost nothing; as recommended here, we wanted to reduce the depth. According to the architect, there is not €10,000 savings to be made here, as suspected, because the entire shell is already there & it is not a reduction of expensive rooms (bath, sanitary).
- & No, they can no longer be reduced.
Wait. Not even any construction contract signed yet (luckily!), but it cannot be reduced anymore? Huh?
Just as a concrete example: Due to a quirk of the development plan, we had one provider calculate almost the same house twice, only with slightly different external dimensions. But these still resulted in about 15m² difference. That made a difference of almost €40,000. These were happily distributed to foundation slab, roof, walls, interior finishing, including plaster and floor coverings... the really expensive things (heating technology, electrics, sanitary) remained the same.
If a provider and/or architect says reducing does not help, then... well, €400,000 was also budgeted for the project.
Important question: Is the kfw-40 funding no longer available? On the kfw site I only find kfw-40 QNG, where I am shown an interest rate that is not even 1% below the normal rate? Then kfw-40 QNG is completely out.
There is KfW 300 (children + income limits, but good interest rate) as well as KfW 297/298 (interest only slightly below market rate).