Property - Property - Good or Bad?

Alright, alright...

I haven't read anything about additional costs so far..

Calling it a hillside property is actually too much. As mentioned, it is about 2 meters higher at the back than at the street, but then it basically levels out there. If you were to make a cross-section from the side, the property would describe a slight curve and level out from the middle to the back...

I think there shouldn't be any complications there!? Or?

Hello,

mmpf - I had already replied and now everything is gone; if I accidentally pressed the wrong button and you received a PM, I apologize.

So far, I haven’t read anything about additional costs arising..

Probably because you are thinking more about the design of your dream house? ;)

Calling it a hillside property is actually too much. As I said, it is about 2 m higher at the back than at the street, but then it levels out there almost flat. If you were to make a cross-section from the side, the property would describe a slight curve and then level out from the middle to the back...

Well, 2.0 m is quite significant, and at least the costs for the earthworks will increase if this height difference is also reflected in the building area. If I understood you correctly, the neighbor on the left partially elevated his house due to this exact reason "hillside location"; of course, there are additional costs compared to a flat plot => the basement, or the visible part, must also be calculated differently.

I think there shouldn’t be any complications there!? Or?

I haven’t said anything about complications, rather wanted to draw your attention to higher incidental building costs. A reputable provider/seller will be able to give you approximate costs, but they can only tell you more precisely once the official site plan with elevation details is available.

Regards
Building expert

Hello!

I am not thinking about the design at all yet. My concern was first to clarify whether the property would be suitable. Considering the price and the size, it is very cheap compared to the regional average.

Otherwise, the project probably could not be realized at all.

But how could I find out now if it is the right choice, especially regarding possible additional costs...?

If the price were to be relativized due to higher construction costs, I would have gained nothing. We have to stick to a certain budget since we want to finance 100%... :(

Is there independent advice I could make use of?

Regards

Hello!

But how could I find out now whether it is the right choice, especially regarding the possible additional costs...?

On the one hand, you can talk to the immediate neighbor on the left, which would probably be the easiest solution. On the other hand, you can ask a provider of your choice for a personal consultation. During this conversation, you can clarify all relevant questions – based on experience, not down to the last cent, but largely approximate.

If the price were to be relativized due to higher construction costs, I wouldn't have gained anything. We have to stick to a certain budget because we want to finance 100%... :(

Personally, I consider 100% financing the worst possible way to tackle a construction project. You should also see an independent financing broker and discuss your personal situation with him; possibly, savings can be made through personal contribution. And if this conversation only serves to know the personal financing framework precisely and possibly pursue the option of a used property as a second alternative.

Regards
Construction Expert

Hello!

On the one hand, you can address the direct neighbor to the left, which would probably be the easiest solution. On the other hand, you can ask a provider of your choice for a personal consultation. During this conversation, you can clarify all relevant questions – based on experience, not down to the last cent, but largely approximate.

Ok, both would of course be conceivable, but it looks like we have to decide quite soon.

Regarding financing: We recently had an appointment at the independent mortgage bank. The calculation he made looked financially feasible so far. Own contribution was already taken into account.

Our wish would be to build a new house according to our ideas, which is also energetically up to current standards. I'm not sure with what effort I could get an old house to that standard. Although in this case, I would always have to make a compromise regarding the room layout, etc.

Well... nothing’s that easy...

Hello back,

Ok, of course both options would be conceivable, but it looks like we have to decide quite soon..

As so often in life, there is no "jack of all trades" here either, building means making compromises, the only question is "where"?

Our wish would be to build a new house, according to our ideas, which is also energetically up to date.

Build a house according to Kfw 85 with underfloor heating and triple glazing, then you are optimally prepared for all upcoming energy standards; possibly make sure that the supply shaft is designed a bit larger. This also has the nice advantage that after the completion of the construction, you can first save a little money in your private budget and then later calmly decide where you want to invest it :-)

Regards and good luck
Building expert