Who first built a smaller house and extended it?

Hello,

where do you actually want to build?

Is the expansion of the upper floor really more expensive than an extension?
It would of course really be worth considering building the house in the size you want to have it and only expanding upstairs in 10 years or when money is available.

We are talking past each other, at least if your above question is directed at me.

Since visualized statements are usually easier to understand, I have tried to clarify what I mean in the attachment. I am not talking about later expanding the OG => upper floor (then you would also be planning a two-story house), but the attic (attic) that arises with the corresponding roof pitch (DN) and depth of the house structure. You speak of a small house of about 100 sqm, so it is probably a classic one-story house consisting of EG (ground floor) and DG (attic). The above parameters fulfilled, a space arises under the roof, called the attic or loft. Classically accessible via a pull-down ladder.

In my example, the attic is converted. However, you can carry out the expansion later step by step as DIY (EL); I do not assume that you plan a bathroom at the very top, so do not be confused by the drawing. For this, it is necessary that the living space staircase is extended to the attic, closed off with a living space door, and all lines in the attic above the wooden beam ceiling are routed and cut off there. Depending on the size of the house, you can gain a good 1 - 2 rooms using plasterboard (better than its reputation). If two children's rooms are already taken into account in the DG below, you have space for 3 children as planned.

In this way, you save yourself the effort of a later extension with an architect, structural engineering, and finding a company, and you have all the time in the world – even if one child is born quite soon – to expand the attic according to your wishes. The costs are limited to the extension of the staircase to the attic, a living space door, and somewhat longer electrical lines, possibly gas and water (underfloor heating); so manageable.

Oh yes – at the beginning and for the first years, the calculation for the KFW should purely relate to EG and DG. For this, the insulation is laid on the top floor ceiling; later you can relatively easily remove it again and instead pull it under the rafters and then cover it with plasterboard.

Rhenish regards

BU=disability insurance RLV = term life insurance What should be included in the 250k€?

I don't really know what a disability insurance has to do with a house, since you should have it anyway. We've both had it for years.

RLV is of course not bad when you build a house with a loan, but does it really cost that much?

Well, that's the question. What do you get for 250k?

The land costs 50k including additional costs (notary, land registry, etc.)

That leaves 200k for the house. Can you get anything for that at all?

I have already inquired at Massa Haus, but I'm not sure if that would be the right company. They do have really cheap houses (basic house).

Unfortunately, I can't say if 200k is enough there.

Don't be misled by the catalog prices. They are not even good for ....

We calculate for our house a 2-story building without a basement (125m², Kfw 70, WP with surface collector) without any other frills including incidental construction costs and outdoor facilities at around 230T€. And that in the eastern part of the country. Depending on the federal state, it will even be more expensive.

You definitely won't get by with 200T€.

I already had BU before. Now I have taken out RLV.
Our bank did not require either one.
For your own security, however, both should be in place when taking out a loan.

Okay, then 230k it is. With the land, it would be about 280k. The problem then lies in the financing. We do have a little equity, but we need to keep the €20,000 as a buffer ourselves.

That would already be a 100% financing.

I have mentioned before that we simply don't want to save up equity for another five years (let's say roughly €100,000) so that we can then bring 30% equity into the financing. In five years, it will be like now the interest rates have risen by 2% and the interest eats up our hard-saved 100k in no time!

Then we've lived very frugally for five years because we want the house and got nothing out of it!

That's why it must be possible to build a house for 200k, right? :)

So it must be possible to build a house for 200k, right? :)

... yes of course ... it's just your decision what you want .... > a bicycle or a Maserati :rolleyes:

Read into the forum here a bit, then you will find out that it is not possible to build a house for €200,000. You can see in numerous threads what other costs arise:

€10,000 for floors and walls
€10,000 for outdoor facilities
€35,000 and more for additional construction costs

Then with the land you are already at €105,000, a carport or garage is also still missing. That leaves €95,000 for the house ... here costs of €1,500 per sqm of living space are calculated for a "normal" KFW70 house. Even if you can do without the KFW subsidy, it will not be much cheaper.