I am overwhelmed by your effort, all the personal offers, and your valuable input.
@ CC35BS38
The €785,000 were already including all incidental costs and broker commission for the existing house. However, today we received information from an expert that the house has major problems with subsequent and uneven settling. As a result, the house is slightly tilted, and the doors, windows, and floors are crooked by a few degrees. We did not notice this directly during the viewing. The house would need to be underpinned in the next few years for stabilization with a kind of subsequent pile foundation. Putting the financial side aside, this issue is too risky for us, and thus the property is off the table.
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I would very much like to come back to your offers once a new build becomes more concrete. I will then contact you personally. Many thanks again for the offers.
@ k-man2021
Geothermal energy is basically the most appealing to us as well. Whether it can be implemented sensibly will probably only become clear during the concrete planning, as it depends on the many factors mentioned.
We currently have an Ikea kitchen with Siemens appliances from the internet and are extremely satisfied with it. Although it is now about five years old and therefore possibly no longer directly comparable in price, it didn’t even cost half of €15,000. Since we would like to do the same for the next kitchen, I consider the €15,000 quite realistic and possibly even somewhat high. The alternative would be a showroom kitchen; the budget should also work there. But I believe you right away that the budget for a kitchen from the studio including installation might not be enough, and the scale, as with so many things, is open toward the higher end. Thank you for your note.
I had a hearty laugh at your comment “Oh Town & Country??? Didn’t make it for more?” Luckily, we are building for ourselves and not for the neighbors. And yet, we have always gotten along great with everyone in the neighborhood. I hope a supposedly simple construction standard will not change that in the future either.
For us, it is less that we cannot afford more; we do not want to put all our equity into the €800,000 budget, plus there is a conservative financing rate over 20 years. That way, we would be debt-free by the latest at age 50. Should things turn out tough or something go wrong, we might be able to compensate with retained equity or a longer financing period.
Rather, it is a question of what you really need and whether it then provides a long-term added value. In our case, that would probably be a larger plot of land rather than KNX. But that is an individual topic that everyone would answer differently, and that’s a good thing.
The topic of Town & Country versus building costs of €3,000/m² is still a mystery to me. Is so much really saved with the standard floor plan and pre-made processes? After all, model homes, franchise partners, etc. also have to be paid for. Can nearly a six-figure amount still remain that is passed on to the builder?