Is financing possible with my own equity?

Of course, it’s always great to have some money left over - no question. But a buffer in the construction project should be for unforeseen events and not for deficiencies in planning?

Although again: In general contracting such a buffer is probably really for things like you describe, while in architect-led construction it’s more for unforeseen stuff. Hence my opinion on this ;).

I think your buffer is better, though, because it’s used for great things :D.

"Außenanlagen" is a synonym for "buffer for unforeseen events" :-P

Hello,

By the way: For the general contractor (GU), such a buffer is probably really for something like what you describe, while in architect-led construction, it is more for the unforeseen things. That’s my opinion on it.

No, in this respect both variants do not really differ. Even in so-called architect-led construction, the craftsmen come with suggestions for this or that ;)

Rhenish greetings

The problem with architect-led construction is that at the beginning (when for most the financing is already secured/should be secured) there is only a cost estimate, so you should plan for a larger buffer than with the general contractor (GU), where the price for the overall package is fixed and it generally comes down to better equipment standards or special requests. In that case, you can never have enough buffer. We have already held back quite a lot as a buffer and even that was not enough after the craftsmen's offers (however, the architect also gave a terrible cost estimate, but that is another issue), so in the end, the

“Außenanlagen“ ist ein Synonym für “Puffer für Unvorhergesehenes“ :p

was added.

Of course, it’s always great when you have money left over – no question. But a buffer in the construction project should be for unforeseen events and not for deficits in planning?

Well – maybe it always depends on what knowledge the client has (regarding equipment and prices). For example, electrics: most general contractors list an electrical setup in their construction specification that usually will not be sufficient for the client. Once the closed shell is finished (so the loan is already approved), the electrician goes through the house with you and records your wishes. Here come additional sockets, there recessed spotlights, this and that motion or presence detector, here a central control, wiring for a surround sound system, network connections, etc. When we were done, the additional costs amounted to 4,600 euros. Planned were 1,500. Then the cutting spree began.

Bathroom sampling exactly the same. We went to sample. The general contractor had estimated about 8,000 euros (including bathroom furniture) for the bathroom and shower bath. Contractor’s statement – that’s more than enough. Our estimate – maybe add another max. 2,000 euros. After sampling we ended up at 16,000 euros and almost fell off our chairs, since we had not chosen super-duper equipment. Our contractor took pity and sent us to our sanitary supplier. There we sampled again and although with few compromises and partly better shower panels, we still had a surcharge of 2,100 euros = lucky us.

Geothermal drilling – nobody can accurately estimate how much it will actually cost. For us about 1,500 euros more than estimated.

Disposal and landfill fees for excavated soil – 5-6 truckloads quickly add up to a thousand euros.

What I want to say is this: Even if you’re aware that your own wishes will become more expensive, you can rarely really estimate where you will end up in the end. This is covered by the “buffer for unforeseen events.” Our buffer was too small in the end. The safety margin had to be used. But beforehand (before signing the contract) we had already included many additional items and pushed for various changes to keep the risk of “unforeseen events” as small as possible.

So...
I can already see it was a good idea to register here.
The plan is to build the house with a contractor who already has a fairly good standard.
That means: for example, tiles up to 30 € per m²
Not too few sockets (of course more will be added), including 10 LAN sockets (I almost wrote Wi-Fi ;-) )
That's why I have already included an increase of 10,000 in the 260,000.
We are building as a couple. Children are present but already standing on their own feet.
Since the specification is already very transparent, I hope we won't get any more large items. Ultimately, it is clear that any extra must also be paid for.