DrFaustus
2010-07-23 15:13:23
- #1
Hello everyone!
My fiancée and I will get married next year, and the dream of owning our own home is not too far off in the future. We have set a goal to start purchasing or building a home by the end of 2013.
By then, we should have about 25,000 EUR in equity and 190,000 EUR in matured home savings contracts. I am quite familiar with financing questions, so I know roughly how much we can afford. We have a budget of around 400,000-450,000 EUR. We want to live in this house, so it should have everything one needs for living. We live in Munich, so we expect a pure land price of 150,000-200,000 EUR. That leaves 250,000 EUR for the house. However, here comes the first question:
What do we get for this money?
We have already researched on the internet and have been overwhelmed by the various options.
I will start by writing down which questions weigh on my mind regarding the individual points:
1. Architect
I have found absolutely no reference as to what a house like the one we envision would cost if designed by an architect. Can anyone maybe give me a tip?
2. Prefabricated house
Basically, we like some prefabricated houses quite a bit and they would also be financially feasible. However, we have no idea what is included in the catalog prices. And what extra costs special requests would incur. For example, more sockets, an additional wall, etc. Also, we have heard so many bad things that we are a bit scared. But I think if we follow the checklists, hardly anything should go wrong, right? We hardly know anything about building a house and fear being taken advantage of. Experts are always mentioned who one should consult. Where can I find such an expert?
Perhaps there is recommended literature one can read beforehand? I would be very grateful for appropriate tips. I have been trying for weeks to organize the whole chaos a bit. But I just can’t manage to... :(
Thanks a lot in advance!
EDIT: oh yes, now I completely forgot to write what we actually imagine:
Either a detached single-family house or a nice semi-detached house. Minimum 5 rooms, minimum 130 sqm, garden, basement, energy-saving house at least Kfw 70. These are the framework data we already know.
My fiancée and I will get married next year, and the dream of owning our own home is not too far off in the future. We have set a goal to start purchasing or building a home by the end of 2013.
By then, we should have about 25,000 EUR in equity and 190,000 EUR in matured home savings contracts. I am quite familiar with financing questions, so I know roughly how much we can afford. We have a budget of around 400,000-450,000 EUR. We want to live in this house, so it should have everything one needs for living. We live in Munich, so we expect a pure land price of 150,000-200,000 EUR. That leaves 250,000 EUR for the house. However, here comes the first question:
What do we get for this money?
We have already researched on the internet and have been overwhelmed by the various options.
I will start by writing down which questions weigh on my mind regarding the individual points:
1. Architect
I have found absolutely no reference as to what a house like the one we envision would cost if designed by an architect. Can anyone maybe give me a tip?
2. Prefabricated house
Basically, we like some prefabricated houses quite a bit and they would also be financially feasible. However, we have no idea what is included in the catalog prices. And what extra costs special requests would incur. For example, more sockets, an additional wall, etc. Also, we have heard so many bad things that we are a bit scared. But I think if we follow the checklists, hardly anything should go wrong, right? We hardly know anything about building a house and fear being taken advantage of. Experts are always mentioned who one should consult. Where can I find such an expert?
Perhaps there is recommended literature one can read beforehand? I would be very grateful for appropriate tips. I have been trying for weeks to organize the whole chaos a bit. But I just can’t manage to... :(
Thanks a lot in advance!
EDIT: oh yes, now I completely forgot to write what we actually imagine:
Either a detached single-family house or a nice semi-detached house. Minimum 5 rooms, minimum 130 sqm, garden, basement, energy-saving house at least Kfw 70. These are the framework data we already know.