Costs for Swedish house

Good day everyone,

there are countless figures about house building costs and it is difficult to assess what is a lot and what is little, nevertheless I would like to make an attempt and gather opinions on our house building project:

We are planning the construction of a Swedish house. The basic data: 160 sqm living space according to DIN, timber frame construction, 2 dormers, knee wall, KfW 55 standard, Niebe 750 air-water heat pump, underfloor heating on the ground and upper floors, wood stove and all of this if possible with a basement.

We had to swallow hard for the first time with the basement costs. Shell basement including earthworks on a sloping site €65,000. There are no water problems in the soil to be feared, so no "white bathtub." Added to this is the complete interior finishing of the basement, stairs, heating, electrical, floors, walls,...
Of course, the basement must also be statically designed, drawn and supervised on site. So another approx. €25,000 comes on top.

Interim result: €90,000 for the basement (without own work)

The house then costs another approx. €280,000-290,000 including all painting work, floor coverings with installation work (tiles and parquet), sanitary and electrical work.

So house with basement approx. €380,000

Now the house is still empty except for the bathrooms, meaning no furniture, no kitchen. The exterior area still looks like a lunar landscape and the car is parked on the street.

Oh yes, the plot is also not included in the price yet. It would be good if you bought that beforehand.

Is it normal nowadays to have to spend almost €500,000 on a house?

Thanks in advance for the encouragement ...

Is it normal nowadays to have to spend almost €500,000 for a house?

Thanks in advance for the encouragement ...

With a basement and a certain minimum size: yes. Skip the basement and I estimate you can make it for just under €400,000

Is it normal nowadays to have to spend almost €500,000 on a house?

Yes, if you have such wishes:

160 sqm living space according to DIN, timber frame construction, 2 dormers, knee wall, KfW 55 standard, Niebe 750 air-water heat pump, underfloor heating on ground floor and upper floor, wood stove, and all that with a basement if possible.

Dormers gone, no basement, retrofit wood stove, KfW70 standard – then it will at least be somewhat cheaper.

However, if you have the money, I wouldn’t forgo it.

So 90,000 for the basement is pretty steep. Where exactly are you building (region)? How many providers have you consulted regarding the basement matter?

Near Siegen. We have received a second basement offer for the shell construction which is significantly cheaper, but also in the standard 0815 design. Now it depends on the soil survey how the basement must be constructed. That will arrive the week after next. If we don't take a basement, we need a garage to store all the junk somewhere. Garden tools, bicycles, garden furniture, ... We don't want to end up with 3 garden sheds on the property. And the thermal floor slab also costs 20,000€. Without earthworks! So it unfortunately won't be much cheaper without a basement. Sure, you can omit the dormers but then the Swedish house quickly becomes a cuboid with a hat. That can't be it either.