A word about the financial and organizational aspect.
The costs for the heating system renewal amount to approx. €24,000.
Radiators |
€8,000 |
District heating compact station including municipal utility labor costs |
€4,100 |
Heating engineer labor costs * |
€6,600 |
Pipes and fittings |
€3,500 |
Building materials |
€750 |
Small plumbing items |
€800 |
Skirting boards |
€250 |
* Installation of compact station, hot water storage tank, provision of system components (circulation pump, system separator, safety group)
The rest was done by ourselves, and the limiting factor here is time. However, the construction measures would have been more difficult in an occupied house using craftsmen while minimizing damage to the building fabric. Work carried out: Masonry work (closing window recesses, including removal of parquet and plastering work), wall and ceiling openings (including removal of old pipes), pipe laying, radiator assembly and installation, installation of secondary-side hot water generation, wallpapering and painting work.
The entire package has now taken almost three months from disconnecting the old system until now. However, this will also be the last major measure carried out by ourselves. The planned renewal of the drainage, for example, can no longer be carried out by us alone in terms of time.
To illustrate the expenses for the construction work (materials and craftsmen):
2018 |
€4,200 |
2019 |
€13,300 |
2020 |
€24,500 |
2021 |
€27,000 |
Larger items are:
2018: mainly pipes etc. for water and sewage (partly also material for the current heating installation)
2019: stove (€4,300), parquet refinishing (€2,450), electrician for main connection (€2,450)
2020: cellar windows including installation (€2,500), roof windows including installation and lightweight construction (€8,100), new windows for WC and stairs (€1,050)
2021: tiler for WC (€1,200), soil survey (€1,750)
The rest is small stuff like building materials, doors, ceiling cladding, bricks... whatever comes up during renovation. Not to mention tools that have to be acquired for the work.
But despite one year of parental leave and the expenses, everything could so far be paid from the household surplus. This means the equity buffer remains intact and even increases slightly. So all in all, the financial planning has been solid so far.