Received GU offer - Assessment of fair offer?

2021-03-29 09:09:08

Sure, without a construction specification it's difficult to quantify – however, if you go by the "standard," the price is definitely realistic, if not actually quite good!

I can definitely compare the prices with our construction project in BaWü. We're at €460,000 with a basement, double garage, 160m², and really already fully specified. We do almost the same amount of own work as you. When I think that a basement costs around €50,000–70,000 and 10m² more living space about €10,000, you're roughly at the same price (purely by size) as we are.

Due to a few special details, 2.5 floors, etc., you’re certainly somewhat higher in price.

I would have estimated a similar price for this house, so quite realistic from that perspective. Since we naturally don’t know what is all included, the exact details of the construction specification, etc., you can only estimate the amount within ±€20,000, if at all.

I assume that ancillary construction costs like civil engineering work are not included?

Thanks for your answer :)

Yes, BaWü, I think the prices are pretty much identical. Although you have a basement and a double garage, for example. The basement alone should definitely bring at least €60,000 in additional costs?! However, we don’t have a basement but only an expanded attic.
In terms of total area, if you add your basement, we’re probably roughly equal?!

In fact, the civil engineering work is included in the price. It is calculated with an excavation of 1 m. The neighbors also had to remove about 1 m of earth. But I still have to follow up on what happens if 1.2 m needs to be excavated there, what additional costs would come up for us.
Additionally, it might also be possible that cohesive material has to be added if the existing material isn’t sufficient. That would also mean extra costs for us.
We already have groundwater at about 1.5 m at our place, so I don’t think they will have to remove 2 m here?! :)

2021-03-29 09:12:16

Always remember:

This is your first offer, just as it looks.

The complete selection process is still to come!
You might also want "more" than the current standard – you usually only ask yourself these questions once everything is underway and you start dealing more with the subject.

I'm thinking of things like

- windows with aluminum cladding or wood-aluminum windows
- burglary protection RC2N
- electric shutters
- front door additional cost
- flooring additional costs
- heating/ventilation possibly not sufficient – integration KNX?
- flush-mounted boxes
- doors additional costs
- sanitary additional costs
- selection process garage (doors/windows/facades)
- interior plaster/exterior plaster additional costs
- interior sills and exterior sills additional costs
- stairs additional costs
- electrical additional costs

That quickly adds up to more than €10,000 – possibly even more! Depending on what your demands are.

2021-03-29 09:14:15

Thanks for your answer :)

Yes, BaWü, I think the price is pretty much identical. Although you, for example, have a basement and a double garage. The basement alone should surely bring at least €60,000 in additional costs?! However, we don’t have a basement but only a finished attic.
Regarding the total area, if you include your basement, we are probably roughly the same?!

Actually, the civil engineering work is included in the price. An excavation of 1 m is estimated. The neighbors also had to remove about 1 m of soil. But I still have to check what would happen if 1.2 m has to be excavated and what additional costs would come up.
Additionally, it could of course also be that cohesive material has to be piled up if the existing material there is not sufficient. That would mean additional costs for us as well.
We already have groundwater at about 1.5 m on our site, so I don’t think 2 m would have to be excavated here?! :)

Yes, purely in terms of area it will be pretty “similar.”

Note: Civil engineering work is one of the trickiest issues – we might still be caught off guard.

The tender from our general contractor was about €22,000 effectively – our contractor friend estimated the whole thing at €31,000 (significantly more excavation calculated, working spaces filled with gravel and not with the excavated material (which is often not even possible!), graveling the driveway and terrace, etc.). You have to look at that very carefully. Suddenly, costs can easily rise by €10,000, depending on what is included in the construction scope description.

2021-03-29 09:15:26

The average price of 2200/sqm living space for a simple house construction is significantly undercut.
Including garage and extension, there should be a 5 in front of the offer amount.
Or is there a bargain hole in the expensive south in Augsburg with you?

Unfortunately, Augsburg is anything but a bargain hole.. Just the proximity to Munich makes all costs skyrocket..

Overall, it reads like a normal construction service description.
However, the catch is always in the details, which is why there are experts you can consult for money (surveyors) who then check construction service descriptions for hidden costs.

Yes, we might register with the Homeowners’ Protection Association.. Do you have any experience with that?

No, your time!
You’re making the mistake of not developing a feeling for good or bad yourself.
There are things that cannot be imposed on someone else. 30€/sqm for tiles is not much, but what dimensions are included? Etc.? Crane, toilet, container, construction power? A few items among many... you have to look at those yourself.
What do you mean by “looks like...” in your case?
Basically, comparison counts! Since everyone has their own construction service description and their own “horse” to pimp their construction service description, you have to look yourself and possibly have a surveyor check it.
I would be a bit cautious here, as the offer is actually too cheap – no one is giving anything away! And you end up paying for what is not included in a construction service description. So look at what is not listed!

Yes, I’m taking the time for that too :) But since I don’t know any other homeowners, I’m trying, among other things, to make my way through this forum :)
Basically, I’m always very suspicious of craftsmen at first whether there isn’t some preliminary overcharging.. Therefore, I want to exchange experiences :)

But thanks for the tips/notes

2021-03-29 09:18:15

I cannot read it anywhere.

See attachment for the description

Best regards

2021-03-29 09:25:08

Always remember:

This is your first offer, as it looks.

The complete sampling still needs to be added!
You might also want "more" than the current standard – you usually only ask yourself these questions once everything gets going and you get more involved with the subject.

I'm thinking of things like

- Windows with aluminum cladding or wood-aluminum windows
- Burglar protection RC2N
- Electric roller shutters
- Front door surcharge
- Flooring surcharges
- Heating/ventilation possibly not sufficient – KNX integration?
- Flush-mounted boxes
- Door surcharges
- Sanitary surcharges
- Garage sampling (doors/windows/claddings)
- Interior plaster/exterior plaster surcharges
- Interior sills and exterior sills surcharges
- Stairs surcharges
- Electrical surcharges

That quickly adds up to over €10,000 more – possibly even more! Depending on what demands you have.

Yes, that’s true.. Just with the smart home topic (KNX is a MUST :)) I’m already calculating with €15,000 :/
Electric roller shutters are at least already included in the price. But the additional costs for sanitary will definitely come up for us as well.. at least for the tiles.

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