Decision support for my new construction project

We ourselves are currently having a terraced middle house built in Gelsenkirchen through a developer (you can find the description here in the forum under the search term "Vista Reihenhaus"). Our concept is similar to your 1.), so I can report a bit on this, maybe just read my post there. Personally, I like option 1.) well, but that is always a matter of personal taste. I'm just not the type who "has to walk around their house," plus here in the Ruhr area it is simply significantly cheaper than detached solutions, which we also simply could not have afforded (wanted to).

thanks, I will take a look at that and read through it this evening

What does your financial situation say? Maybe the detached single-family house is already ruled out?

150k equity available. So, I could contribute the land.
budget 400k
but preferably cheaper

P.S. Option 4 has a tax component that must also be taken into account!

thanks, I admit that I am completely uninformed about that.
How should I understand that???

1. For your budget, you will only get a small house, but no "real" detached single-family house - so scratch that option. 2. If you build a semi-detached house and then sell one half, you have to a) find a bank that will finance the project at all and b) since you want to sell for a profit, you also have to pay taxes on the profit (building a house yourself often (mostly?) ends up being more expensive than planned). If you rent it out, the rental contract must match the loan obligations. However, you are responsible for maintaining the house - you have to pay for the new heating system, etc. The return on a house is usually negligible, as it is hardly present (surpluses must also be taxed). Your special requests for network cabling should also be possible by the electrician during the construction phase - unless you definitely want to do it yourself.

1. For your budget, you will only get a small house, but not a "real" detached single-family house - so strike that option
2. If you build a semi-detached house and then sell one half, you have to a) find a bank that will finance the project at all and b) since you want to sell at a profit, you also have to pay taxes on the profit (building a house yourself is often (mostly?) more expensive than planned)

If you rent it out, the rental contract has to fit the loan payments. However, you are then responsible for maintaining the house – you have to pay for the new heating system yourself, etc. The return on a house is generally negligible, as there is hardly any surplus (surpluses must also be taxed).

Your special requests for network cabling should also be possible to implement by the electrician during the construction phase – unless you really want to do it yourself.

I shouldn’t have major problems with the financing from the bank. At least, that’s what my bank advisor told me. We had talked about that. Of course, they would have to check it exactly, but it should go through “subject to approval”?!?!?!
I don’t really want to make large profits either. But it wouldn’t be bad.
Sure, rental income would have to be taxed and I’d also have a hard time with any vacancies.
So I’ll strike that point about renting.

The builder, or rather their workers and subs, do not allow you to get involved yourself during the construction phase.
Unfortunately, they cannot (or do not want to) tailor the network stuff and multimedia cabling to my needs.
The builder does offer network, but unfortunately only the most minimal. So a few network sockets and a distribution panel in the house connection room. I could live with that, but the subject of multimedia wiring under the plaster remains.

What exactly do you want to build for? For yourself alone, a family, for now (and to sell in case of job change or old age), or also for retirement?

The considerations can definitely influence how much space you currently need on the ground floor. 140 sqm spread over three floors is simply different from two floors.

If the network setups can only be done afterwards with a lot of effort, you will probably pay for some things (especially plastering) twice? And in addition, you have the hassle of having to start again in the actually finished house and possibly continue to rent during that time. Somehow, that argues against this option for me.

The home is supposed to / will initially be just for me alone (single). What the future brings remains to be seen, I am still young enough at 42 :cool: There is also no interest in selling it again for the time being. Nevertheless, maybe someday the day will come when I can no longer use all three floors to this extent. But until then, hopefully a lot of water will flow down the river. Then it will probably be back to an apartment. A terraced house or a middle terraced house is generally completely sufficient for me. Most houses of this type nowadays consist of kitchen, hallway, guest WC, as well as living room and possibly a utility room if it is not located elsewhere. On the upper floor, a large bedroom, if possible with a walk-in closet, a small room as an office and hobby room, and a third room for the offspring??? as well as a nice bathroom. In the semi-detached house variant, the whole thing could then take place on two floors. The development plan also allows this. But one could also work with three floors there. Exactly this issue with having to "work again" on the freshly built and plastered walls annoys me immensely with this builder. And whether I really won't be able to get in before the plastering during the construction phase, I don't know. The builder certainly does not allow it, and his people such as subcontractors are unfortunately very strict about this and would report it immediately?!?!?!

people like subs are unfortunately very strict about this and would report it immediately?!?!?!

A small one has always opened every door, and with a bundle, every sub will do exactly what you want - even multimedia wiring ;)