Feasibility financing new construction (land + semi-detached house or semi-detached half)

  • Erstellt am 2022-03-31 16:22:08

WilderSueden

2022-04-03 22:01:07
  • #1
Brand kitchen is not clearly defined either. If I now found the "Südküche" and register it as a brand, then that is also a brand kitchen ;)
 

bavariandream

2022-04-03 23:28:51
  • #2


Just as an addition: I know some families with a household income of a little more than 3,000 euros per month (e.g., he’s a painter, she works part-time in retail). And after rent they come to about 2,000 euros. So it is somehow doable. They just have a different lifestyle than many here in the forum. Therefore, when dealing with such questions, one should not always base it on one’s own consumption habits but keep in mind that large parts of the population generally live more frugally (have to).

Of course, that does not mean that the OP’s project would be easy to handle. But if the OP perhaps has to move into a larger place in one or two years anyway and then no longer gets a heavily discounted apartment through the employer, he will face the same challenge as now. Only if he builds his own home, he will at least have a big advantage later in retirement because then he owns an asset in the form of a property. But if he has to rent a 5-room apartment, it will probably be difficult to build up significant wealth on the side.

Municipal plots are for many the only way to get a home, especially in areas with square meter prices north of 1,000 euros. And since such an opportunity is usually not available every day, one really has to think carefully about whether to let it pass or not (whereby the OP, probably also because of the rather discouraging comments here, has now apparently already decided). But maybe he will still find a larger rental apartment at a good price. That would of course be the more relaxed option.
 

Benutzer200

2022-04-03 23:42:11
  • #3
Yeah right, in Stuttgart and the surrounding area... Could offer a somewhat older single-family house on the edge of Waiblingen. That fits a family of 4 people + a study. It's 1,800€ cold rent. Currently still 400€ ancillary costs, but the oil prices will make it even more expensive in the future...
 

bavariandream

2022-04-03 23:50:10
  • #4
Unfortunately, I don't know the area at all. But that was actually exactly the point I wanted to make with my previous post. If the original poster has to cough up almost €2,000 cold rent in the future, then it might be worth pushing through the homeownership project with a lot of effort and compromise.
 

Tassimat

2022-04-04 06:55:07
  • #5
Well, and if nothing more can be done on the expense side, then we are back to the income. The OP should honestly answer for themselves and the family whether there is still room for improvement, or if they have realistically already reached the end of the career ladder or simply do not want to change jobs. The only clear thing is, if it has to be a house in Stuttgart, the wife will have to work again, even if it is only for 450€.
 

SoL

2022-04-04 07:03:14
  • #6
Well, with 50% part-time in sales, it unfortunately won’t generate very much income either way.
 

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