Plot in View, Which House Provider is the Right One?

Ok so if you say that these are market prices, I still have the feeling that 2000€/sqm is too expensive. This is probably due to the flood of money. My savings have not generated any significant interest in the last 5 years, while house prices have risen sharply (see construction price index below). Do I now have to admit that I am too late, or can someone still give me hope that these amounts are realistic and affordable (500000 for a plot with house and garage etc., with about 40% equity)?

If you have 200k equity (I deduce that from the 40% statement), where is your problem?

I have no idea how to proceed with declaring equity... in the end, you don't want to be left empty-handed but also need reserves even after the investment. Do you then declare less equity to the bank when calculating the loan, or do you take out a bit more than you need for the house?

As ypg already wrote, no one can give you a general answer.

Turnkey around/below 1500€/sqm means manual blinds, standard sanitary/electrical equipment, laminate up to 15€/sqm, and carport instead of garage. On top of that, hardly anyone knows the prices in your region.

Good morning,

While we would have no problem finding an affordable brand when choosing a car manufacturer, we face a confusing market environment with the offers from prefabricated house providers, whose distinguishing features are not clear to us (what is the Porsche, what is the Skoda, what is the Lada among the prefabricated/solid house providers?)

So far, the picture you describe is okay. Beyond that, you *cannot* compare a car with a new build; whether prefab or solid house.

Is anyone here able to clarify this? So far, we have price offers beyond 300,000 euros (excluding additional construction costs) in prospect from providers like Haacke or Fingerhaus (turnkey).

For the aforementioned reputable providers in the prefabricated house segment, those are quite realistic prices. They produce the building envelope on assembly lines, which are not exactly cheap to build and also require ongoing maintenance; all of that has its price. Additionally, a prefabricated house wall is more complex to produce than having a mason lay a brick according to a guideline.

Are there reputable providers who are cheaper?

It’s actually the other way around. Do you want to have a permanently value-stable property built or rather a prefab house that, when you sell it (it is never certain where life will take you), brings tears to your eyes when looking at the proceeds?

Building a prefabricated house is always more expensive than a conventionally constructed single-family house. But – even in Lower Saxony there are quite a few reputable solid house providers operating. Talk to 2 to 3 of them and have a non-binding offer prepared.

Rhenish regards

or can someone still encourage me that these amounts are realistic and affordable (500,000 for a plot with house and garage etc., with about 40% equity)?

That strongly depends on your plot In the middle of nowhere, where the square meter costs only 70 euros, or with good infrastructure? If you spend 150-200k on the plot, I don't think your budget will be enough for everything, all in all. For 160 square meters of living space (without basement), in my opinion, you will definitely have to reckon with 300k. (possibly more, depending on the equipment)