Would you build yourself again or use a developer?

2021-12-07 23:47:03

But back to the OP, I was partially on the construction site Fri, Sat, Sun from 7 am to 11 pm and worked non-stop. From the ring ditch collector to the shell construction and the roof. We built relatively large, about 260m2 of living space. During the interior work I then crashed and had to take a 2-week break.

Off to Austria for a week to recharge. Then I hired a Ukrainian and a Moldovan and took care of material procurement and the other trades for 6 weeks. Nice 3 times a day at the construction site, have some coffee, say what’s going on and do some phone calls. After that it went aggressively energetic again and in the end the project was successfully completed.

So keep your head up, weigh your options and occasionally switch off. That helps.

2021-12-08 00:17:30

I would never buy existing property and renovate it. At most for demolition and new construction. With new construction, you hold all the cards

Haha, apparently someone hasn’t read the butcher shop thread :cool:

2021-12-08 00:39:24

I am already interested in another project and would like to work with an architect again and deal with the craftsmen companies myself. Planning and building our house was a great time. As a couple, we made many excursions to select suppliers and gather ideas, that was nice. We find the result successful, but there are a few small things we would do differently today. Maybe the next property will be a renovation case. I had long dreamed of building new, my wife would have preferred to remodel something from existing stock. We keep peeking in the portals for [Chateaux-Ruinen in Frankreich]. We are not very security-oriented and accept the consequences of our actions or omissions as they come. And who knows what will come.

2021-12-08 03:53:22

I would always build again with our main contractor.

Mh yes the costs were ridiculously low.
Costs for hillside locations can be found here and hidden on the internet.

Pull the brake and see where you can still save. There will be more to come. Almost all builders reach this point.

2021-12-08 05:37:51

Hello everyone,
Because of an early inheritance, we got a plot of land in Frankfurt relatively cheaply for €140k. Our general contractor (GU) calculated the house construction at €450k in 2020. With some buffer, we based the financing on that.
Now the shell construction phase has begun and we are already €40,000 over what was calculated. With prices nowadays, it will probably be €80k - €90k additional costs, especially once the outdoor facilities and network/water connections are added. We will then have to apply for additional financing. Unfortunately, we do not have anyone in our circle of acquaintances who built via a GU, only through developers.
The house construction will then cost us about €700k. Our equity was €200k.
I know it’s relatively cheap if you build here in Frankfurt, where new builds start at €1 million, but from an initial repayment rate of €1,300 we would come to €1,800 after additional financing.
With a net household income of €4,000, we are slowly reaching our limits, unless my wife becomes a civil servant.
Now I keep wondering if our house construction is worthwhile when I think that with the repayment rate I could also live comfortably in a bigger apartment without being tied to anything?
In addition, all the stress with the building authorities, building supervision, neighbors, and utilities through which we had to make many compromises during the planning.
Actually, we commissioned the GU to organize everything, but in the end, we are still the first point of contact (soil survey, ordnance survey, network/water connections, road closure, portable toilet).
Ideally, I would like to sell the house in 3 years and start over again, buying directly from a developer. I'm really fed up with the building stress.

It’s only cheap for you because the land is very cheap for FFM. The shell is in the new build region.
Otherwise, we bought turnkey and could still make changes during the construction phase. Partly price-neutral.
However, back then there were no such price jumps.

2021-12-08 05:52:38

We are currently finishing the foundation slab. Since I am a risk-averse person, I would always build with a general contractor (GU). I have price certainty and if I select all the samples before the start of construction, I know my costs quite well. Then there are no big surprises. I would absolutely have no patience to deal with the trades myself, nor would I have time, due to work...

Would you build yourself again or use a developer?

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