Total cost for house - 100-130 sqm

No, oh no... now I feel like I'm being fooled!!!

It certainly seems that you haven't really dealt with the topic of house planning yet (additional construction costs), yet now I have to read in another forum that you have a salary of 5000 - 7000.

And then it’s supposed to fail based on the fact of additional construction costs that have to/should be set at 30000 - 35000???

Well, it all adds up. You think you don't have high demands and that you can pay off the house accordingly in a few years, and then here amounts of 300-400k come together, which inevitably lead to either having to pay off for many, many years or having to put every saved cent, without diversification through "other asset classes," into the house. And paying off until retirement or even just until the yet unborn children move out was actually our plan.

As already said in the opening post, we are still wavering towards renting an apartment and investing the money elsewhere, but we wanted to give the topic of building a house another chance. And we still need to know exactly what awaits us. Completely independent of whether the income is 2k, 6k, or 50k - I think 300-400k is a lot of money... and 30-35k is 10% of that after all...

At the moment our train of thought is that we will probably build in 2016 or 2017. The decision about where and what will be made earlier. And if we then say that it is affordable, we would also buy the plot of land (and with that the financing and construction plan should already be in place).

...was actually not our plan...

Hello Musketeer,

Where on earth do you get that from? I think you're all confusing the thread right now.

You are so right ... how did that happen to me? No idea; delete my reply and look for the correct thread.

Rhenish greetings

@ Grym

To give some numbers from the region.

Our plot in Wilsdruff cost 42K€ (80€/m²) +5K€ for laying the connections directly to the plot.
We did not have quite as much ancillary building costs as found in Epi’s breakdown, because
1.) our plot was level
2.) the connection prices are cheaper than in Epi’s breakdown
3.) property transfer tax is only 3.5% etc.

We are building a small two-storey house with 125m² living space as a simple building body without any frills. Including sample costs, we end up as a KfW 70 house at around 1500€/m². Additionally, there are still costs for painting and floor covering work.

However, building prices in the Dresden region have also risen sharply in recent years and will continue to rise in the coming years.

If you have questions, feel free to contact me by PM.

Yes, it’s about the Kauschaer streets. The new area is supposed to be sold for 200 EUR per sqm, at Pfaffenberg it was, as far as I remember, still 180 EUR per sqm. On the other hand, development costs are probably lower for larger plots. There you only have to connect once per 1100 sqm, with small plots (550 sqm) there are two connections per 1100 sqm. If you have a few tips regarding new development areas, I would be happy if you could send me some info – gladly also by PM.

Yes, at Pfaffenberg it was 180 €/m² but for very large plots (> 1000 m²). Surely it would be nice if the price of 200 €/m² can be maintained. But it could also be higher.... The plots should definitely be sold at that price before the city imposed the requirement that the green strip between "Am Pfaffenberg" and the development area be widened and thus the number of plots reduced. Also, Leubnitzer Höhe counts as one of the “preferred areas.” For that reason, I expect prices in the region of 250 €/m². But these are only speculations – also against the backdrop that there is a shortage of building land and development areas in Dresden. At the sports field Friebelstraße, by the way, 300 €/m² is being asked.

You can find information about other development areas on the Dresden thematic city map as well, there under "Planning and Building" show the display of "residential construction sites." Otherwise, all development areas in Dresden suffer from delays... the next ones to come are:
- Kauscher Straße (you know that already)
- Sports field Friebelstraße, 10 plots, about 300 €/m² (probably all reserved already)
- Klotzsche, Travemünder Straße, about 100 plots at about 200 €/m²
- Klotzsche Traubelstraße (currently for sale, but on the main street)
- Nickern, last construction phase, former barracks area behind the Kaufpark – from Stesad, probably still affordable... A rumor about expected prices was once: 160 €/m²
- Weißig (at the very other end of the city...)
- Geystraße South – realization open, according to info from the city planning office from 2012 something should start soon
- Another development area in the Schönfelder Hochland (don’t remember exactly where)
- Possibly there is also something still free in the Dölzschener Höhe.

If you want details and providers (as far as I know them...), gladly via PM.

The fact is probably: With a max. budget of 325,000 €, as you mentioned at the beginning, probably only Nickern will be an option, or you orient a little outside: In Bannewitz/Hänichen, for example, another development area is also planned again.

Best regards

JohnF

Additional construction costs will probably partly be paid from ongoing income, possibly also the material costs for floor coverings and material costs, so I’m now calculating around 350,000 EUR – realistic?

They should be easily saved through the ongoing salary by 2016/2017, yes. With 5,000 – 7,000 euros net(?) per month, it should be quite feasible to save at least 2,000 net upwards per month, unless you’re already living in a 200 sqm loft and go out to eat every day in the fanciest restaurants or enjoy 3 long-distance trips a year.

I see it like ypg on the previous page. You’re thinking about it, and that’s of course right and good. But it also comes across as if you want to save in the wrong places or naively reduce and artificially depress the actual costs incurred. What use is it to you if someone says: "True, back then I only had to scrape together 15,000 euros in additional construction costs," and another explains to you, "Despite full development, my additional construction costs were still 40,000 euros." Do you think you can now fix your additional construction costs at 15,000 euros through the forum? In my opinion, you should plan for the typical additional construction costs. If they don’t occur at the expected level, all the better; then your kitchen, for example, is already paid for! If they do occur, you won’t regret later that higher installments are now due and/or you have to pay off the pre-financing until your not-yet-born children have moved out.

For the extra wishes (fireplace, for example), it should also be clear that a few more euros will be added to your 350,000 euros. This also applies to your demands when it comes to the sampling. There will definitely be something extra on top as well.