Chiloe
2018-04-29 22:15:25
- #1
Hello house construction experts,
we (female, 32 years + male, 35 years from the Bielefeld area) want to convert a property previously used as a 2-party rental house for our own use starting next year. The property is a two-family house built in 1971/1972 with solid masonry using sand-lime bricks. The house is fully basemented, has a separate garage building (double garage), and is situated on a plot of about 840 square meters. It has been in the family since the mid-1990s and has so far been used as a rental property.
Since we have now also dealt with the topic of house construction, we have come to the conclusion that the location and size of the house actually fit our requirements well. In recent years, various renovation measures have already been carried out mostly by ourselves. However, some of the "big issues" (facade, windows, roof...) are still outstanding, and these will entail a high financial burden for us in the coming years anyway. With a private new build, we would then have to bear a double financing. Of course, it would be nice in the future to still own a rental property, but the house is located in a rather rural area, which we personally like, but which is generally considered a negative point for a potentially lucrative rental in the future.
The current status is as follows (renovation so far under the assumption of continued rental):
- the basement has already been excavated all around, the drainage renewed and the basement walls widened for planned thermal insulation and facing brickwork
- basement ceiling has been insulated
- comparatively new gas condensing boiler and wall radiators
- renewal of electrical and sanitary installation in the basement
Still necessary:
- complete insulation of the roof, this could also be done on the upper floor ceiling if renting continues, but not if used privately, since we want to convert the roof into living space (additional children's rooms) – in this case the roof is to be completely removed and rebuilt
- facade insulation and facing brickwork
- replacement of windows
- for private use, an extension on the south side is planned, which should serve as a dining room on the ground floor and as a balcony on the upper floor – we are aware that the balcony will probably hardly be used due to the garden, but the effort and cost for this measure are probably negligible in the overall context
- changes to the floor plan for private use
I have attached an overview of the current state and planned changes as pictures. An architect has not been involved in the planning so far. It was only checked by a structural engineer that the open living and dining area on the ground floor could also be statically realized without a huge cross beam under the ceiling by means of a "arched support" (I unfortunately do not know the technical term) in the wall of the upper floor – of course with corresponding costs. The size and position of windows and doors are also still somewhat variable.
Our two main questions for which we hope for tips and suggestions from you:
1) How do you see the project in terms of cost-benefit consideration? We roughly calculated that a comparable new build with land + renovation of the existing property would be at least twice as expensive, namely €250,000 vs. at least €600,000. What would you do a) renovate expensively for own use b) renovate cheaply for continued rental and rebuild c) sell the existing property and build new?
2) What do you think of our current floor plan? We would like to have an open kitchen-living area, but our main concern is that the spatial impression in such a large room with a comparatively low room height of only about 2.65 m in the shell construction would be quite "oppressive". Moreover, we actually want to install underfloor heating now in view of a possibly future change of heating technology, because of the size of the kitchen-living area and to enable floor-to-ceiling windows on the south and west sides, which would further reduce the effective room height.
We are basically open to any suggestions and hope for a lively discussion. If we have forgotten important details or pictures, please let us know, and we will provide these as soon as possible.
Thank you very much!

we (female, 32 years + male, 35 years from the Bielefeld area) want to convert a property previously used as a 2-party rental house for our own use starting next year. The property is a two-family house built in 1971/1972 with solid masonry using sand-lime bricks. The house is fully basemented, has a separate garage building (double garage), and is situated on a plot of about 840 square meters. It has been in the family since the mid-1990s and has so far been used as a rental property.
Since we have now also dealt with the topic of house construction, we have come to the conclusion that the location and size of the house actually fit our requirements well. In recent years, various renovation measures have already been carried out mostly by ourselves. However, some of the "big issues" (facade, windows, roof...) are still outstanding, and these will entail a high financial burden for us in the coming years anyway. With a private new build, we would then have to bear a double financing. Of course, it would be nice in the future to still own a rental property, but the house is located in a rather rural area, which we personally like, but which is generally considered a negative point for a potentially lucrative rental in the future.
The current status is as follows (renovation so far under the assumption of continued rental):
- the basement has already been excavated all around, the drainage renewed and the basement walls widened for planned thermal insulation and facing brickwork
- basement ceiling has been insulated
- comparatively new gas condensing boiler and wall radiators
- renewal of electrical and sanitary installation in the basement
Still necessary:
- complete insulation of the roof, this could also be done on the upper floor ceiling if renting continues, but not if used privately, since we want to convert the roof into living space (additional children's rooms) – in this case the roof is to be completely removed and rebuilt
- facade insulation and facing brickwork
- replacement of windows
- for private use, an extension on the south side is planned, which should serve as a dining room on the ground floor and as a balcony on the upper floor – we are aware that the balcony will probably hardly be used due to the garden, but the effort and cost for this measure are probably negligible in the overall context
- changes to the floor plan for private use
I have attached an overview of the current state and planned changes as pictures. An architect has not been involved in the planning so far. It was only checked by a structural engineer that the open living and dining area on the ground floor could also be statically realized without a huge cross beam under the ceiling by means of a "arched support" (I unfortunately do not know the technical term) in the wall of the upper floor – of course with corresponding costs. The size and position of windows and doors are also still somewhat variable.
Our two main questions for which we hope for tips and suggestions from you:
1) How do you see the project in terms of cost-benefit consideration? We roughly calculated that a comparable new build with land + renovation of the existing property would be at least twice as expensive, namely €250,000 vs. at least €600,000. What would you do a) renovate expensively for own use b) renovate cheaply for continued rental and rebuild c) sell the existing property and build new?
2) What do you think of our current floor plan? We would like to have an open kitchen-living area, but our main concern is that the spatial impression in such a large room with a comparatively low room height of only about 2.65 m in the shell construction would be quite "oppressive". Moreover, we actually want to install underfloor heating now in view of a possibly future change of heating technology, because of the size of the kitchen-living area and to enable floor-to-ceiling windows on the south and west sides, which would further reduce the effective room height.
We are basically open to any suggestions and hope for a lively discussion. If we have forgotten important details or pictures, please let us know, and we will provide these as soon as possible.
Thank you very much!