Is financing new construction realistic?

I meant joint taxation for married couples.

When I read 81 and OG, I wonder how long that is supposed to work. At that age, climbing stairs can very quickly become impossible.

But if the parents are still fit, it might offer good advantages in childcare.

The question may also be whether one is willing to provide care.. Possibly an expectation if the house is already being given to you as a gift.

This was discussed with my parents: We cannot take over the care and they know that. My wife will also be working again soon. They only want to stay as long as they are fit and if it no longer works, move into assisted living or a nursing home. At least that’s the plan. I just find the costs for such a new house quite high. I now have 2 offers (turnkey) and all in all, it’s not feasible under 500,000 (including land, garage and all additional costs). It’s more like 550,000. Madness!

yep, really crazy. When I first calculated how much budget we have, I honestly thought: wow, this will be a palace. Then came the sobering reality.

123m² is not so spacious for 4 people. Is there a basement?
On the other hand - maybe this is tactless but I'll say it anyway - the likelihood that there is significantly more space for you in the house when the kids hit puberty is high.
Maybe one should renovate so that later two apartments can be sensibly combined.

How is the location and the plot? Especially such factors often speak in favor of existing buildings. Large, mature gardens, more central location than new development areas, etc..

Yes, with us it wouldn’t be a palace either. It would be about 140m² with a basement, double garage, and terrace. No luxury construction. That’s off-putting.

In addition to the 123m², there is a large conservatory. The garden is big. The 2 children’s rooms are just a bit small at nearly 10 and 12m², the rest fits.

There is a basement with 2x hobby rooms, ironing room, laundry room, heating room (including shower), there would be space for a sauna and 2 storage rooms.

The upper floor could be optimally used in a few years, if I may put it that way, when the children are older. Remodel so that it can be combined is no problem.

Before moving in, the soundproofing from the upper floor to the ground floor must definitely be improved.

The location is similar to the new building and also rural. Even slightly better regarding population development. A village with many families.

Sounds not so bad at all. If YOU can come to terms with a renovated old building instead of a top-modern new building..

And whether you and your wife can live in the immediate vicinity of your parents, only you can know that. No one can advise you on that because every family is different..

Sounds like you couldn't come to terms with an old building. Do you have specific reasons? Of course, a new building is always better except for the financial aspect: less energy consumption, everything up to date with the latest technology, etc... I can come to terms with it. Of course, quite a bit has to be done. The facade is OK and nothing will be done to it for the time being. There is a 6cm insulation on it. By today's standards way too little, but I don't want an airtight old building, since I can't retrofit a ventilation system anyway. Electrical wiring would be completely renewed and underfloor heating should be installed on the ground floor if it is energetically sensible and feasible. Then insulation of the top floor ceiling, roof between the rafters, and basement ceiling.