Why don't construction prices go down?

We had a quote put together to see if we can even still afford it. Town & Country 108sqm bungalow 302k€. Special requests would roughly amount to 10k€ (gray windows outside, electric shutters, additional outdoor water connection + socket).

All in all, that would come to a rate of about 2400€/month over, I believe, 30 years at 4%. 4% was the phone statement from a bank contact of our finance guy last week. For our income (about 5500€ net) that feels brutal but we will try anyway.

In our case it’s for next year but you could already lock in the price for 14 months now. Next week we have an appointment with another provider and will compare. With Town & Country we thus end up at just under 3000€/sqm just for the house. Edit: Our impression of the Town & Country offer is very positive. Advice and scope of the package is very good.

You really want to put yourself through that? We earn significantly more and would have a lower rate and wouldn’t put ourselves through that.
Although we are both in our 30s.

Since the post a bit has happened. Five hours ago we signed a house contract. It wasn’t TuC after all but Haas. Total 310k€, however kfw 40, higher standard and more technology. We now also feel really comfortable with the decision and how the planning went. I also wanted to avoid the rate of 2400€ as much as possible and did some more precise calculations and research. Financial planning with an advisor is coming next week but we are rather far away from the 2400€ rate. I currently calculate more around 2000€ +-. And with that I could also sleep more peacefully. Interest rates are a bit lower and generally I had calculated too pessimistically. And because of kfw 40 we are eligible for funding and should get 100k€ with discounted kfw interest (currently 2.15%).

Hello aspirant, how many sqm are you building, if I may ask? Known prefab builders or also local companies, possibly solid construction?