Situation of the construction industry in the Rhein Main sector

Hello,

then it is brave to obtain a financing commitment ( = loan commitment ?) when you already know that prices are rising.

Do you have enough equity if necessary to cushion the construction period interest, double burden (rent), and rising costs?

For these reasons, we were better off making a fixed price agreement with the developer. They stepped on the gas.

: You can precisely define the start of construction and the completion deadline in the architect contract to avoid nasty surprises. However, the architect must also sign it.

In my opinion, prices do increase annually (also with a general contractor or developer), so why shouldn't it affect an architect?

And if the cost estimates from the architect are similar to those from the general contractor, why should there be problems with the bank? The floor plan might possibly be adopted as is. It always depends on when you part ways with the architect, doesn't it?

General contractors and prefab house companies offer a fixed price. Then you know what’s what. Our house cost 163 thousand, and that’s what it cost. Extra costs like additional earthworks, connections, construction electricity and water, etc. were also listed as fixed prices. Same with the garage. I knew, the Volksbank knew, the house cost a total of 195 thousand. And nothing more. Then garden and utilities on top, bureaucracy, kitchen, painting, some lamps, floors... House price 220, land paid, equity 130, so with a bit of buffer 100 loan. That’s how a secure financing should be. If it doesn’t work with architects, cut the cord. Don’t take risks. Karsten

Craftsmen are in short supply. Everything our general contractor [GU] commissions works. Although he also has problems. The craftsmen choose their customers. Everything we commission directly, for example the garage, is stuck. We urgently need a roofer. Although I do not live in the area you mentioned, the companies here have always worked in Frankfurt or Munich.

Regarding the price development, our first calculation from 2015 (has been delayed due to the necessary demolition) is in some positions considerably cheaper than in the contract. Tilers over 20% in 2 years was the biggest.

: but an architect doesn’t have just one project, he needs craftsmen not only for one construction project but also for other projects in the area. If the craftsmen have already worked with him several times, why should they reject him? Of course, if their schedules are simply too full, but in general, in my opinion, you can’t say that before the trades have been put out to tender. And if you are looking for a craftsman yourself, it is also clear that it takes much longer .. because this is exactly a one-time thing. There are also people who have everything planned by the architect but want to put the trades out to tender themselves to save costs and then wonder why no one responds or offers unrealistic prices.