Would you make this financing?

And as for the household contents insurance. The psychological damage caused by a successful break-in is not covered by the household contents insurance either ops:

but it is not much better in the case of an unsuccessful attempt.

Hello everyone,

thank you very much for the numerous responses.
Our main concern at first was to get a rough estimate of whether it is even possible for us to finance a single-family house in our situation.
In the next 2-3 weeks, we will have initial appointments with one or two developers to go into detail.
Your tips regarding additional costs are worth their weight in gold. We will make it clear that everything that comes up must be included in the financing to get a realistic assessment.
The much-discussed topic of burglary protection here will also be included by us. From our point of view, the resistance class RC2 according to DIN 1627 is indispensable nowadays.

After including all our wishes and emerging additional costs in the calculations, it will become clear how much this deviates from the rough initial estimate of €330,000.

Thanks to you, we are definitely a bit wiser through this thread and will not go into these talks completely naïve.
If, as you suspect, it turns out more expensive, we will indeed have to say goodbye to the dream of a single-family house.
In fact, we would then consider a terraced house, semi-detached house, or a new condominium.

I will definitely post here after the talks about what came out of it and probably have to ask you for tips again.

If anyone has any tips for our first talks regarding typical tricks or unmentioned additional costs that developers like to sweep under the rug to make the offer look better, please share them.

Best regards
Nescool

we are very excited! You may also notice yourselves how far apart individual providers are in terms of price and how the sellers behave.

Good luck!

I can only speak for myself: we started with wanting to spend a maximum of 200,000. Quickly, we realized that this would never work. Then 250,000 was our goal, which the cheapest provider in the region barely agreed to. Then, as we looked at more providers, we noticed that actually none came close to the price of the cheapest provider. And then we decided on the reputable company, where the house just cost 50,000 more. In the end, we budgeted 330,000, but are now already 30,000 over, which we are paying ourselves with over 1,500 savings per month. Not really feasible with kids and one income.

There is a good reason why almost no one has a basement and/or a real brick garage, and why the building design is mostly kept simple.

Why does almost no one have a basement? In our new development area, well over 50% have a basement. Depending on the heating system, you almost need it.

Why does almost no one have a basement? In our new development area, well over 50% have basements. Depending on the heating system, you almost need it nowadays.

My experience is that this depends a lot on the location. I live in the north where everything is flat; there, the basement rate is below 30%, and in new builds even feels like a maximum of 15%. I am originally from northern Hesse, where there are many mountains and therefore elevation differences in plots of 3m are more the rule than the exception; there it’s about 60-70%. In Bavaria or Baden-Württemberg, it’s probably similar.

Ultimately, it’s always a question of price. The greater the elevation difference in the plot, the cheaper the surcharge for a basement, because otherwise you would have to fill in part of the plot. Here you also have a clear added value from the basement, since it probably lies almost at ground level on one side with the terrain.

That a basement provides a certain comfort (storage space, utility room, drying laundry, etc.) is, I think, undisputed; some of that can be compensated with a garden shed, garage, attic, or a larger house footprint. As long as that’s cheaper, with few compromises, or even advantages (e.g. no steps with a garage), I would also forgo a basement, especially since it would eliminate the risk of leaking walls.

Certainly, it also depends on the slope; for example, with us, it was perfect for a basement. At the front, you can drive into the garage at ground level and thus saved yourself an expensive garage easily in the five-digit range (an ugly prefabricated garage was not an option for us), and at the back of the house, you can walk out onto the terrace on the ground floor at ground level. But several acquaintances who have flat land (one of them in a very damp area) all build with basements. The space on the property and possibly the garage required by a larger building also costs money.