Is building a house possible with my budget?

Hello everyone,

I wanted to ask for your assessment whether building a house is possible with my budget. I have been planning to build a house for some time and have now chosen my dream house, which I want to take over 1:1. I have already seen the house from the inside and the floor plan and construction drawings were provided to me by the owners.

It is a 1 1/2-story solid single-family house (faced with bricks, 108 sqm living space on the ground floor, upper floor expandable, roof pitch 30 degrees, wooden beam ceiling, stove + gas heating, rooms: hallway, utility room, living + dining room, kitchen, bedroom, bathroom, guest room, guest toilet)

As I said, I plan to take over the house exactly as it is and initially have the ground floor built turnkey and the upper floor as an expansion reserve.

Developed plot worth [50,000€] is already available.

Do you think the house can be realized with a budget?

Hello,

You ask about (financial) feasibility but do not write anything about income and expenses as well as equity.

How is anyone supposed to evaluate anything without this information?

Best regards
Michael

Just ask the owners what they paid ... and who they had build it ...

Best regards, Andy

... with "one" budget the house can definitely be realized. The only question then is whether it is also your budget :rolleyes: A few more details are definitely needed...

Oh damn, that was a mistake, probably due to the time of day :mad:. My question should of course have been whether the described project can be realized with a budget of 150,000 €.

Sorry for the misunderstanding.

oh yes, of course I asked the owners about the price, but they built for a very long time and did almost everything themselves. However, I plan to have the house essentially turnkey built by a company, so their approximate cost estimate cannot be compared to my project.