Is a 180 sqm house feasible for 300,000 EUR?

2019-12-29 00:43:48

So then this is a special case of your local franchisee. Our OG definitely has massive walls... I think I read something about the 2 full floors in the construction specification, but I'm not entirely sure. If I remember, I can check tomorrow what exactly is written there. This is a general one that basically applies to all Town & Country builders initially.
But it could also be that Town & Country doesn't have houses over 180 sqm and 2 full floors... I don’t know offhand.

Could be, I’m still in contact there.
Yes, unfortunately they don’t have houses of that size. The two I mentioned were also two-family houses. But since Town & Country mentions free and free-of-charge floor plan design in the description, we thought we should ask about it.

But turning that into a single-family house, reducing from 4 bathrooms to 2, not being able to move all walls freely, and all this would have to be checked again by the architect – who will logically want money for that – it probably won’t work out. They were friendly and nice though, and I don’t want to speak ill of Town & Country, no.

Regarding massive house builders. Do you possibly have recommendations for me?
Possibly houses of that size with 6 rooms?
The rooms should be species-appropriate, so preferably over 13 sqm (3 children’s rooms + parents + work)

I have already looked at some, like Helma or Elbe-Haus. But they don’t have anything suitable either. More like around 150 sqm with 4 to maximum 5 rooms.

I’m getting used to the 7. Checked :/

2019-12-29 01:33:23

I'm getting along with the 7. Got it checked :/

Better watch out, in two three four years the little 8 will also be looking for good friends... If things keep going like this in Berlin.

2019-12-29 08:24:43

Hello, such a good income and then running to Town & Country? Sorry, from a banker's perspective you really have to question why you have not built up any equity so far. None at all (?). Building spontaneously now does not make things better. Having no buffer is always bad. How do you live so far? Renting? How high is the rent?

2019-12-29 08:58:09

Could be, I’m still in contact there myself.
Yes, unfortunately they don’t have houses of that size. The two I mentioned were also two-family houses. But since Town & Country mentions free and customizable floor plans in the description, we thought we’d ask.

However, turning that into a single-family house, reducing from 4 bathrooms to 2, not being able to move all the walls freely, and having to have everything re-checked by the architect – who logically will want to see money – probably won’t work out. They were friendly and nice though, and I don’t want to speak badly of Town & Country, no.

Regarding solid house builders: do you possibly have any recommendations for me?
Possibly houses of this size with 6 rooms?
The rooms should be appropriate in size, so preferably over 13 sqm (3 kids’ rooms + parents + office).

I’ve already looked at some, like Helma or Elbe-Haus. But they don’t have anything suitable either. Usually more around 150 sqm with 4 to a maximum of 5 rooms.

I’m warming up to the 7. Checked it out :/

To the last sentence:

That won’t work with a 2k repayment rate until retirement, are you aware of that? So in the end, you’ll either have to make compromises or increase your budget for repayment. I roughly estimate that with full financing you’re more likely looking at around a 2.5k rate to the bank. Given your income, that’s still not a big drama, but the money will of course be missing elsewhere again.

2019-12-29 09:08:58

I would first continue looking for a plot of land. That can take quite a while. Then you will know how much will be left for the house construction. At the same time, you can inquire at a bank or loan broker how much you would even get.

2019-12-29 09:13:56

In my opinion, it would already be an incredible stroke of luck if you currently find a building plot in your desired area that meets your wishes. Such things usually take 1-2 years. In the meantime, you can start saving up equity vigorously and find out how much the bank will contribute.

So far, experience shows that general contractors on site slightly outperform the list of prefabricated house providers in terms of price/performance. However, this depends on your wishes and can be different for everyone. Good general contractors are found through word of mouth. So it's best to ask other house builders.

If you have the land, come back.

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Is a 180 sqm house feasible for 300,000 EUR?

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