Is financing for a single-family house feasible?

2013-03-20 09:39:13

3. Earthworks This has already been negotiated with the Sparkasse; they will pay for the removal of the soil in the area of the house, as well as the gravel layer. The channels/inspection shafts have been listed at 5580. 4. House connection costs amount to €6500 (we have this information from other builders in the city)

Regarding 3: Don’t forget the soil report. Check what the Sparkasse removes and what they fill in – what did you negotiate there? Extreme pitfalls can also lurk here (e.g. contaminated soil must be disposed of more expensively than gravel), which can cost a lot. Regarding 4: Every house connection is different. Better ask the building authority. It depends on how far your house is from the main connection, what pipes lie in between, etc. So don’t be too hasty.

2013-03-20 11:20:53

Flooring and painting work €3800

Never :) What you are planning is almost 500 sqm of wallpaper and paints and paste and primer.
And about 120 sqm of flooring, impact sound insulation, tile adhesive, skirting boards. Just for that, we had more than double the material costs. Tiles at €30/sqm, cork floors at €20/sqm, and wallpaper at €7/18 m and 150 l of paint at €3/l and 20 packs of paste and €200 for primer.

Even if you choose everything in the cheapest price range, that amount from you will be tight. And you can somehow imagine what it will look like after 2 years.

As a construction expert, I consider the house price to be too low. The important thing for you first is how much money you actually have. How high can the loan be. Then you plan the rest. So I can already tell you that you will have to refinance, cut the garage and the garden, and probably move into a construction site :)

2013-03-20 11:46:31

Never :) What you are planning is nearly 500 sqm of wallpaper and paint and paste and primer. And about 120 sqm of flooring, impact sound insulation, tile adhesive, skirting boards. For that alone, we had more than double the material costs. Tiles at €30/sqm, cork floors at €20/sqm and wallpapers at €7/18 m and 150 liters of paint at €3/l and 20 packs of paste and €200 for primer.

Even if you choose everything in the cheapest price range, this amount will be tight for you. And how it looks after 2 years, you can somehow imagine.

As a construction expert, I consider the house price to be too low. The important thing for you first is: how much money do you have at all. How high can the loan be. Then you plan the rest. So I can already tell you that you will need additional financing, drop the garage and the garden, and probably move into a construction site :)

I have also listed costs , among other things (of course to be adjusted individually). You can calculate around €10K just for flooring (with about 135 sqm in total) (+- since quality and choice of materials + labor costs can of course vary individually case by case)

For the rest, I agree with the opinions of Bauexperte and Der Da.

2013-03-20 12:17:30

You paid crazy prices for the handyman work... we only paid 1/3 of that for the parquet and the tiles.

2013-03-20 12:21:16

Hello everyone,

@Wastl
We have already had a soil survey done
I will ask again at the Sparkasse what exactly is included, we have an appointment there tomorrow.

We have three bank appointments in the next two weeks, we will see how much credit we can afford, or rather how much house we can afford.

We would have to lay about 90m² of flooring ourselves, you are right, with the specified 3800€ that will get pretty tight! I also didn’t want any cheap junk that looks like... after a few months :(

Is there anywhere to have the construction description checked?

Who these days can still afford to build a house? Crazy...!
I keep hearing sums of 300,000 / 400,000 €...

2013-03-20 12:26:34

Who can still afford to build a house these days? Madness...! I keep hearing amounts of 300,000 / 400,000 €...

Well, you have to want it and be able to. I bet if the interest rates weren't so low, not so many would think about it... Rent isn't so bad once you've found the right place. I think owner-occupied property is the worst investment ever, because what you put in, you never get back :) and it's always like this, low interest rates, high prices, high interest rates low prices.... In 10 years there will be real estate like sand by the sea, from people who have been talked into a 10-year financing. :D I also wouldn't have thought the total would end up so high, but especially here in our city, it's cheaper to build yourself than to pay over 1000 € rent.

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Is financing for a single-family house feasible?

Wastl

Der Da

Brisch

Der Da

Tinilein90

Der Da