House Construction Cost and Financing Assessment

Income and Asset Situation:

[*]What income do you have (gross/net)? me: 7,650 / her: from 2024 approx. 2,200 net
[*]How much child benefit is there? €219 - but should not be considered.
[*]Other transfer payments such as parental allowance, sickness benefit, etc...? no
[*]How much equity do you have? €350,000 in a property currently owner-occupied, but to be sold after the house is built.
[*]How much equity do you want to invest in the house project? all

Income and Expense Totals:

[*]Total income: currently €7,650 net / from 2024 at the start of the construction project €9,600
[*]Total expenses: €4,500
[*]Balance: currently €3,150

Give it your all, by the fourth (or at the latest fifth) time you'll surely find it. ;)
A morning hidden object picture!
(It's there, I've checked again.)

If possible, fully basemented.... Exact costs for the basement are not specified. So I assume it is planned but not included in the price. Otherwise, the €50k you mentioned would not be enough.

If possible, fully basemented.... Exact costs for the basement are not mentioned though. So I assume it is planned but not included in the price. Otherwise, the 50k you mentioned would not be enough.

Well then you assume that, I assume that this is a typical case of "I want a basement but have no idea what it costs." By the way, the 50k only refers to the earthworks. Depending on the terrain, that can be enough.

Well then you assume that, I assume that this is a typical case of "I want a basement, but I have no idea what it costs."
By the way, the 50k only refers to the earthworks. Depending on the terrain, that might be enough.

Yes, but then you still have costs of about €2,000 / sqm for the residential basement. At 90 sqm, that's another €180,000. But 180 sqm of living space + 90 sqm of residential basement cannot be included in the €540,000 house costs :cool: The area is not among the cheap ones, as you can see from the land price. The construction accordingly will also not cost €2,000 / sqm.

Hello :-)

For HN, the plot is surprisingly "affordable". Can you say something more about the plot? Sloping location or flat?
Since your kitchen is going to be very expensive, I assume that your overall equipment will be rather high-quality. At the moment, the house seems priced too low to me.

Yes, but then you still have costs of about €2,000 / sqm for the basement living area. That makes another €180,000 for 90 sqm. But 180 sqm living space + 90 sqm basement living area cannot be included in the €540,000 house costs :cool: The area is not among the cheap ones, as you can see from the plot price. Accordingly, the construction will not cost €2,000 / sqm either.

On the other hand, I don't read anything about a basement living area.
But anyway: you are, as always, right. :)
(Selective reading: I wrote that I would go for at least €600,000 for the house).

Like my predecessors, I think that the costs are never enough. But otherwise, if you can no longer afford a home with 7k or 9k+, then I don’t know either. I would just build immediately because it probably won’t get any cheaper and you benefit longer from beautiful living. We are building a comparable house with 5.5k net, still without children, and that works too. However, with a 10k kitchen and not 45k...