Iktinos
2017-03-01 11:50:05
- #1
[*]Approx. 160sqm living area on 2.5 floors, 60sqm usable basement
[*]Medium equipment level
[*]Solid construction
Own contribution:
- Roof insulation
- Floor coverings
- Tiles
- Interior doors
- Interior window sills
- Painting work
We have now received an offer from our construction company, in which these trades were removed, price approx. €250,000.
How should I best proceed now to know how expensive the remaining trades will be for me, in other words, how high the material costs will be? I need this figure to define the loan amount with the bank.
This suggests that rather simple "equipment level" is due, and the turnkey price will be around €300,000.
Is there a clever approach here?
Get a complete offer from your construction company and include this sum in your financing. In parallel, negotiate with your financer about the conditions for returning surplus funds or special repayments.
As already correctly written before, it is not reliably predictable that you will manage with fewer euros for your own contribution. It is more likely that you will raise the equipment standard.