Now this is getting ridiculous.. where do you get this number from?
Own experience from the last few years. Current offer from the main contractor for my new existing two-family house. Content: 80sqm upper floor apartment gets new radiators, new windows Uw approx. 0.8 with manual shutters Ground floor apartment 120sqm is gutted, new underfloor heating with 20mm insulation WLG 23, new electrical + sanitary lines, bathroom + guest toilet new, windows like upper floor + electric shutters, new front door, flush interior doors new, decentralized ventilation, insulating the basement ceiling 100mm WLG 23, flat roof extension internal insulation 120mm WLG 22, perimeter insulation 120mm WLG 35, basement (20sqm extension) external insulation 120mm WLG 32, facade insulation with two-tone broom finish plaster 120mm WLG 22, Haro country house plank parquet on 100sqm, new heating 2x 5kW heat pumps, 9.9kWp photovoltaic system, top floor ceiling is insulated with 2x140mm WLG 35 mineral wool (already lightly insulated) ==> with some buffer for about €80k for a then KfW 55 house (almost KfW 40) – but the KfW subsidy of 40% on a large part of the work will be deducted. Oh yes, on the ground floor with 120sqm only the walls remain (floor plan will be only slightly adjusted). On the upper floor I can’t really indulge myself yet thanks to the tenant. And off the top of my head, I wouldn’t know how to spend more luxury either. And no, I don’t live by the Adw, but in the Düsseldorf catchment area. And yes, it’s not my first property. Besides the above-mentioned complete offer, I also obtained individual offers. Rather small and local companies. They are all at a similar level. Honestly, I wouldn’t even know what to spend so much money on. I don’t need the structural engineer or the architect, otherwise it would be a bit more expensive. PS: My last house I built for well under €1,500 per sqm including all incidental costs (including photovoltaic, geothermal, etc.). That was just over four years ago, but it also involved some own work. You just have to know your way around the subject and be willing to invest time. I can and want to do both.