Would you make this financing?

Again and again I have to read with amazement that such properties are recommended. Don’t costs mean anything in your area?

Usually the prices are in relation to the land prices (cheap building land, cheap existing houses) It’s about the fact that the dream is over faster than you can live in the dream house, namely when the bills arrive that you _cannot calculate_ or _did not calculate_.

That probably varies a lot regionally or is a matter of luck??

Currently, in my neighborhood, a newly built semi-detached house with about 250 sqm of land and 120 sqm of living space in standard design (plastered exterior facade, no porch, no sample selection yet, no laid garden, no carport, etc.) costs from 289k..

I bought a semi-detached house built in 2007, 125 sqm living space (larger footprint), 400 sqm land, brick-clad, terrace laid out, fenced, parking space paved, attic converted into living space and much more for 235k.

I do think it is worth considering looking at existing properties as well.

Something like that was available 3 years ago for 170,000 built in 2004, but it sold faster than one could view it.

A detached house with similar sqm and 850 sqm land from 2004 without renovations and already showing wear here and there after 10 years was sold early last year for 265,000. We made a mistake and didn't buy it. Although a realistic value here was max. 220,000. But demand determines the price, and in our area there is nothing for a normal price.

Rent prices around 6.70 - 7.20 are normal for houses that are already a few years old.

Mostly, the prices are in relation to the land prices (cheap building land, cheap existing houses).
The point is that the dream is over faster than you can live in the dream house, namely when the bills come in that you _cannot calculate_ or _did not calculate_.

Cheap building land is also available in the municipality for 50 - 60 €/m2. In the district town, it starts at 150, not rarely even 250.
Acquaintances bought a plot with a dilapidated house on it for 200k. 400m2. They demolished it down to the basement and built new on it.

In our area, a slight madness has already broken out in this regard, also because huge companies have their headquarters here and because it is the catchment area of Nuremberg and partially also Regensburg.

You write that with part-time work, Mrs., you are left with just under 3000 €.
For credit and incidental costs (according to Town & Country housing cost calculation without special requests) you have to reckon with around 1500 € (according to several posters, which is understandable).
You have 1500 € left monthly to live on.

The loan installment would be just under 900. All monthly incidental costs (2.50 per sqm) would be estimated at just over 300.
That would be 1,200 monthly.

The topic of defective electrical appliances, daycare place, etc.... is of course absolutely correct and that is why we also have our doubts.

If you look on immonet under the location of the OP, there are no (for me) interesting existing houses, but some terraced houses are offered there, which would be easier to pay for than a single-family house.

What did you find there? We see end-terraced houses for €259,900 + additional costs. There is hardly any price difference for us compared to the much more comfortable single-family house.

For us, there is practically no price difference compared to the much more comfortable detached house.

What does "comfortable" mean to you?

Practically no price difference... that’s coming from someone who brings home 1500 or however much monthly... for that difference you can work hard for 3 or more years! You can only compare houses if you set the costs against the living value. But the expenses for a house that you have built yourself are quite flexible, especially when it comes to, for example, earthworks. Town & Country also can’t look into a crystal ball. Are you even aware that certain things are NOT listed, like a satellite dish or interest on construction loans? By the way, I expanded the search radius to 10 km on Immonet, because one searches within a radius and not in a single town. But a mid-terraced house is probably not "house" enough for you? I think: it fits your income!

To be honest, I’m tired of bursting some people’s dreams. And I haven’t even used my direct words yet. But your naivety has limits here and now for me.

I’m going to buy a car tomorrow: a new Range Rover would be fine... my recently broken-in one is actually a bit uncomfortable compared to the RR!