Unpredictability of construction costs - Will the project fail because of it?

2022-04-21 17:51:16

I have now looked into the BayBO. According to Art. 45, the room height of 2.40 m does not apply to living rooms in residential buildings of building class 1 and 2. Am I wrong in thinking that this is applicable here?

And what does this mean for me as a complete layman now? Although it is no longer relevant, I am still very interested...

2022-04-21 17:54:04

Yes, and I am a person who can quite well assess your knowledge regarding house construction and the role of the site manager. This is not an insult, but a fact. The two or the one who suggests that you should take on the site manager role does not have your or your house construction’s best interests at heart.

Taking on the site manager role would never be an option for me either.

2022-04-21 18:00:23

I would currently really not aim for single trade awarding. At best with a well-connected architect who has good connections to the most important companies. Everything else is currently difficult because as a small, unknown client you are very, very low on the priority list for the companies. Added to this is the lack of experience, which is a very bad situation in such difficult-to-plan situations as currently.

I definitely see it that way too, so I would never do it.

2022-04-21 18:03:45

I want to emphasize that it can be fatal for laymen! In theory, it would reduce the costs. The prospective builders now have to resolve the acute problems on several fronts and then reorganize themselves. Unfortunately, you are already deeply stuck with one foot in the swamp, but I think you know that. Legal advice is really necessary here. Also, the loan agreement has already been signed and your apartment has been sold, which puts you under time pressure! When does the interest-free availability period of the loan end, in other words, from when do 'penalty interest rates' apply? Maybe a mediation meeting with legal assistance on your side would help as well. In any case, I would not let myself be 'ripped off' by the general contractor! Always remember it is your money and you make the decisions about it.

The interest-free availability period already ends in Feb 23. Therefore, there is hardly any leeway now to start from zero again and waste another one or two years with planning and waiting. Moreover, during that time the costs will continue to rise and rise.

2022-04-21 18:07:08

Dear hang_häuschen, even if it is currently emotionally bitter and disappointing for you and your family, you can be very, very glad that you will not be building with this construction company. It would have almost certainly led to much bigger and more costly problems if you had built with such a company. I see it as if you have just (with a lot of luck, I really mean that) managed to get away.

I also find your budget sufficient for a pretty house build (... and I think garages are ugly anyway. ;-) ). And as for "desperation," ;-) for most of us "states of despair" are part of building a house, but they are temporary and in the end we all sit in our garden or on our terrace drinking a beer or juice or wine or coffee. ;-)

All the best, please continue to let us be part of your project. A solution will be found and we will help you as best we can.

Thank you! In fact, we parted ways with the construction company today. I then told the financial advisor about it and lo and behold, he just had another loan withdrawal and guess which construction company was planned for that one.

2022-04-21 18:12:16

What does your bank say? Already called?

I can confirm here , a good friend stopped at the same point as you a few weeks ago. His house bank (Sparkasse) let him out of the contract for 750 euros on a financing volume of 300k. He had expected significantly more and was happy. But it went over the head of the supervisor at the main branch, the branch manager couldn’t decide alone... fyi.

Yes, we have spoken with the bank. Since we are – as it couldn’t be otherwise – with a direct bank, we are not getting off so lightly. About 5,000 euros are due and, of course, we are also losing the good interest rates. But well, I can live with that before it totally escalates.

The lady also said they are currently being overwhelmed by customers who want to return their loans or, even worse, are in the middle of the construction phase and can no longer pay, have to refinance, or run out of the interest-free period.