House price way too expensive? Experiences?

Regarding the land prices, overall that is a realistic price. You won't be able to get it cheaper anyway. The question for you is: "Does the house and land really suit me long-term and can I afford it?" If the answer is "Yes" twice, buy. Otherwise, consider what you really want. Is the location really good and will it remain so in the future? Or is it already far out and associated with compromises? We bought a used house at similar sqm prices. We have all stores, schools, and doctors within walking distance and 10 minutes by bike or bus to the city center of a large city. Prices there no longer drop. 10km further out I would rather have concerns that prices might fall again if people cannot refinance their tight financing in 10 years.

Thank you very much for your assessment. The house and location would suit us very well. We also have concerns about the bubble. We can finance it; the bank's offer is already ready. However, there isn't much room for growth left without us having to severely limit ourselves. Nothing must happen, as many scenarios are running through our minds.

Thank you very much for your assessment. The house and location would suit us very well. We also do have concerns about the mortgage. We can afford it; the bank’s offer is already available. However, there isn’t much room for improvement without us having to severely restrict ourselves. Nothing must happen; we have all kinds of scenarios running through our minds.

I can definitely understand that! Nobody can cover all eventualities, but certain things like disability insurance, life insurance, etc. can be wonderfully secured. But that also costs money.

Is your family planning set? Is the salary level exhausted, etc.? You should consider that. And whether you can also get out of the debt.

We deliberately chose smaller and further away (but it is our home). I am sometimes smiled at by my Frankfurt colleagues. With the difference that their properties cost 500k upwards (used) and we only have to pay 240k for new ones in a top rural location. I can afford two vacations and shop until the card glows with two kids; I can’t judge that for my colleagues.

Yes, I have an extra hour of commuting time per day; I read stress-free on the train. They fight their way through the suburbs by car and bus/subway.

As you can see, everyone as they like it.

The bubble can actually be irrelevant to you... you live in it and don’t want to speculate. Interest rates are fixed. Just like the rent would be... it doesn’t go down either because the house is worth less (at least I haven’t come across that case yet ) The problem is that life goes on and you get older - even if you saved 20% in 10 years, the children will then be too old for the garden and you will have aged an additional 2 years in those 10 years due to stress in traffic jams - and what is the price of that?

What is your remaining debt after the initial fixed interest period?

Our remaining debt after 10 years would be 365000 or after 15 years 248000 euros.

Our family planning is complete; it will remain at 2 children. In theory, significant improvements in salary are still possible, but we do not want to factor that in. No inheritance is expected. We will have to make do with the money we are earning now.