How much house can I really afford?

EUR 180,000 for 135 sqm is quite ambitious...

If the price limit is fixed, you will either have to reduce the living space or only use a very basic standard of equipment.

No, Dirk, even near Bremen the construction prices should be similar to ours (Northern Lower Saxony)... And since I know how much we paid for our house (we certainly didn’t spare any expenses), with some extras deducted... it can definitely work if Henning stays down-to-earth in his choices. By down-to-earth I do not mean simple.

Regards Yvonne

If you can really save €14,000 every year, then just do that for another 2-3 years and you will be in a completely different position.

No, Dirk, even near Bremen the construction prices should be like ours (Northern Lower Saxony)... And since I know how much we paid for our house (we certainly did not spare expenses), with some extras calculated down... it can definitely work if Henning stays grounded in his choices. By grounded I do not mean simple.

Sorry Yvonne, but I tend to agree more with Dirk than with you. It’s going to be tight; construction prices are galloping in the North too ;-)

Rhenish greetings



Construction expert,

Sorry Yvonne, but I am more on Dirk's side than yours. It’s going to be tight; construction prices are galloping in the North as well ;-)

Rhineland greetings



Bauexperte,

I have compared with our construction prices. ...

@ Yvonne

Sure; but when did you sign? In 2014 or rather 2013? I just received the new figures for 2014; in Hamburg alone prices rose by 7.7%, the rest of the North all by 6%. Trend is rising ;-)

Rhenish greetings

Rhenish greetings from the road
Construction expert

@ Yvonne Sure; but when did you sign? In 2014 or rather 2013? I just received the new figures for 2014; in Hamburg alone prices have risen by 7.7%, the rest of the North all by 6%. Trend is rising ;-)

Jan. 2013 ... is that already 2 years again??... ok ok... I admit defeat and from 2015 I’ll have to rethink a bit ;)

Well, it’s somehow an automatic process: interest rates are as low as ever, so construction prices just have to go up. Somehow we’ll get rid of our money :rolleyes:

Regards Yvonne