Phew, I have already deleted this dozens of times because I think it’s not working. I don’t want to harp on your numbers, own contributions, equity, or whatever. You’re not the only one who thinks they can save one-third of the house construction costs with an excavator and muscle power through various friends and relatives.
Browsing the internet gives me numbers, including the 350€/m3 (no annual source, but a report refers to a source from 2017, though I have also read 800€ for higher-end standards...), figures from the Federal Statistical Office, which you can’t really trust anyway because the survey is based on information from builders who want to reduce their land acquisition costs as much as possible) so nicely adjusted downwards, but also numbers from the alleged future 2021, where 2000€/m2 is estimated. And since one wants to cite a reliable source, I rummaged out my building application (unfortunately only from 2013) and photographed the relevant passage. It’s a normal house (cheap construction area in northern Lower Saxony), 135 sqm, gas heating Energy Saving Ordinance 70, plaster facade, average equipment. The construction service description is slightly better than Heinz von Heiden. Construction costs* come to 200,000€ without surcharges for floor coverings and expensive frills.
*without land, garage, outdoor facilities, slope, and without additional construction costs!!!
[ATTACH alt="IMG_0122.jpeg" type="full"]58805[/ATTACH]
[ATTACH alt="Bildschirmfoto 2021-03-15 um 17.26.57.png" type="full"]58806[/ATTACH]Source: Federal Statistical Office,
left construction year, middle cost/m3, right cost/m2
Facts:
2013 [B][U]429€/m3 1500€/m2 466m3 x 429€ = approx. 199,000€ or 135m2 x 1500€ = approx. 202,000€[/U][/B]
According to the Federal Statistical Office, my m2 value is quite good within the norm, but not the m3. I would have to add (somewhat more than)
1/2 on top of that. What would my house cost today? Simple rough calculation, rather conservatively estimated:
2020 (350 + 1/2) 525€/m3 1900€/m2........466m3 x 525€ = approx. 245,000€ or 135m2 x 1900€ = approx. 255,000€
2021 (360 + 1/2) 540€/m3 2000€/m2.......466m3 x 540€ = approx. 250,000€ or 135m2 x 2000€ = approx. 270,000€
These are the guideline values for my house.
Where do we find you/your house?
KFW 55 house
Residential building: 1,145.917 m³ x 350 €/m³ = 401,070.95 €
Garage: 511.66 m³ x 175 €/m³ = 89,541.55 €
Additional construction costs: 30,000 €
260 m2 living area
2021 540€/m3 2000€/m2......1145m3 x 540€ = approx. 618,000€ or 260m2 x 2000€ = approx. 520,000€
without garage, Energy Saving Ordinance 70, plaster facade, without slope reinforcements, without additional construction costs. Although I would also raise the price per sqm somewhat, to about 550,000€, because in a basement apartment technology and sanitary, the cost drivers, have to be provided twice.
And whoever tries to sell you the fairy tale of the big house with basement apartment for 400,000€ (own contributions etc. don’t matter at this point) belongs in jail. Your ears should already be ringing if you compare the garage at 90,000€ to a three-story finished residential building at 400,000€. The 350€/m3 figures are from 2010 or apply to a shell house!
Based on this simple calculation, only this can be said:
Basement apartment out. Open plan down.
Practice in or under the garage. Redesign.
Anything else would be negligent.
P.S. Personally, I am glad to finally have found a reason and to have done this calculation for my little house.