Development costs and information before property viewing

  • Erstellt am 2017-01-29 20:53:33

Buddy

2017-01-29 20:53:33
  • #1
Good evening everyone,

next week my partner and I will be looking at a building plot. The plan is to buy it and develop it within the next < 5 years (currently living a bit away because of work and the costs for building land are currently skyrocketing).
The plot to be viewed is currently undeveloped, but all utilities are available at the street, and it is the last plot on the street.
From research on the internet, I have so far been able to get benchmark prices for what the development of the plot would cost.

    [*]Electricity 1,500 euros
    [*]Water/Sewer 2,800 euros
    [*]Telephone connection 600 euros

We do not want a gas connection because we plan to go with geothermal or an air heat pump here.
Are these prices realistic or are they completely dependent on, for example, where the nearest distribution box is? In my defense, I must say that this whole thing happened a bit faster than expected.

I have already noted down some questions we want to ask the real estate agent.
- Plot surveyed?
- Is there a soil report or contamination report?
- Possible number of floors and house type

If a soil report is not yet available, we would like to commission one before purchasing the plot (600€?). If the survey has not yet been done, we expect about 2,500€. However, in this context, I am already wondering if a survey is not mandatory before the purchase of the plot? What if there is a significant deviation in the stated plot size?

As a newcomer, I would be glad if we could get some more suggestions.

Thank you very much and have a nice evening!
 

Nordlys

2017-01-29 21:33:44
  • #2
It must be defined what is being sold. Otherwise, the notary will not do it. So, district xy, corridor xy, plot xy, size in sqm, for farmland also in hectares. The development must also be documented in the contract, so undeveloped but with all utilities on the land. What is missing is the laying on the land. The shafts for the transfer, the underground cable. I consider your cost estimate okay. Plus or minus 500,-. Regarding buildability, the real estate agent should clearly state whether there is a development plan. If not, buy only after you have talked to the building authority about what is possible. A conversation costs nothing, you are a citizen, at the office they must be at your service and inform you of your rights and duties. That is the duty of the officials. If the real estate agent has already taken care of this, even better. The seller should then also confirm this. If he is honest, no problem. If none of this is clear, you are at best buying land with development potential, price then 25% of building land, speculative. In the worst case, farmland, price around 30,000 per hectare. If you are uncertain about development, get a civil engineer to help. Better a hundred in fees than shipwreck.
 

ypg

2017-01-29 21:38:04
  • #3
Hello first of all!

A distinction is made between development costs and connection costs.
The costs you mentioned are the connection costs, also called supply costs. The costs are correct. They concern the connections from the street to the house.

Development costs, when referring to a developed plot, concern the connections of the plot to the public network, e.g. sewage, drinking water, gas, electricity supply, and the street itself, so that the plot can be accessed.
This is then jointly developed, for example, in a new housing area and charged proportionally.
Development costs can range between 30 and 50€/sqm. Sometimes more or less ;)

Greetings
 

Buddy

2017-01-29 22:05:11
  • #4
Thank you first of all for the quick feedback. So far, I only have the exposé, from which it is evident that the plot can be developed with a single-family house; whether the utilities are located "directly in front of the house" on the street or in front of the neighbor is not yet clear – I will inquire more precisely about this during the viewing this week, as well as whether a development plan exists. I better make a note of that right away.

, that means to my roughly calculated costs, another (700sqm*50) 3500€ comes on top if I assume 50€/sqm to officially connect the utilities (water/sewage, electricity, telecom), which until now are at the street, to the plot after relocation (see cost breakdown). Am I right here, or is that a completely different matter? I have to admit this topic is more complex than expected :rolleyes:

This plot is accessed via an unpaved road; so far, I doubt it will be paved. The way through the settlement is more like a slab road.
 

Nordlys

2017-01-29 22:18:12
  • #5
No, the 30 to 50 are added when you develop a field. But here there is already something. Water, electricity, road, are already there up to the land, or am I misunderstanding? If the road to the land is still a dirt road, and if the municipality paves it, then expect that you as residents will pay most of it, depending on the length of the road on the property. Soil survey, make sure the purchase contract includes the clause that the seller is not aware of any contaminated sites, pollution, etc. If it is otherwise not marshy, nothing will happen there. Brandenburg is generally rather sandy. You can build well there.
 

ypg

2017-01-29 22:23:07
  • #6
I have now read about undeveloped ... overlooked the second sentence that there are already "media" there. Ask about that! 700 x 50 is not 3500, but 35000. The street is also an important point (waste collection, winter service) Regards
 

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