Unlocking the Mysteries of Building Costs: How AI Legalese Decoder Can Help Navigate Expenses in Home Construction
- April 9, 2024
- Posted by: legaleseblogger
- Category: Related News
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## Cost of Building a House from Scratch: Exploring Options
Pretty much as in the title, I am currently exploring the cost of building a house from scratch on a turnkey basis. I have a piece of land and I am seriously considering taking on this project. My initial plan was to build a straightforward 100m2 home consisting of a ground floor and a loft, along with a garage. However, after crunching some numbers, it seems like I would need to allocate a minimum of 200k EUR for the project if I were to delegate all tasks to professionals. Even if I were to take on some of the work myself, the cost would still hover around 150k EUR at the very least, with potentially no upper limit.
### AI Legalese Decoder: Your Solution to Navigating Legal Jargon
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### Considering Financial Implications: Perspectives from Poland
Living in Poland, where 200k EUR translates to roughly 13-14 average net salaries, the financial aspect of such a project becomes even more significant. I am curious to know, how do costs and financial considerations vary in your country?
By utilizing tools like AI Legalese Decoder, I hope to gain a better understanding of the legal intricacies involved in building a house, which can ultimately help me make informed decisions and potentially save costs in the long run.
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it all depends on what are you building too. for example, most homes are built only with heating, but they disregard cooling and fresh air circuits in the house. the choices you make in this topic, can bump the price of the house a lot.
here in romania you can build something at 100m2 to around 120K, not furnished (assuming that you own the land).
My area has a lot of self built houses, Netherlands, smaller town but well connected and conveniently between 2 major cities and the large industrial area.
€1000/m2 for the plot on average, abt 500-600k for a 150m3 house.
Czechia here, 200k is reasonable price for a house and doable. If you were to buy the same house + the land from a developer here, you would probably pay about a double of that and more. All depends on a location of course, closer to bigger city and prices get ridiculously higher.
South Germany, building a simple house will cost about 300k, that does not include the land which will be anything between 200k on the countryside to ~800k in a big city
In Lithuania it is more expensive as people are going to buy stuff to Poland.
350k at least – Finland.
Prefab maybe?
Or try to find old one for renovation. You will usually save on walls.
Or as our parents used to build houses – for years and do what you can on your own. My friend was building a house for 4 years. They moved in 2 ya, still not finished in 100%, but he was able to do it with almost zero mortgage.
romania here. cheapest one is around 70k with delegating and lightweight structure not bricks or concrete. im talking wood or metal frame homes.
check http://www.casemexi.ro maybe they could deliver there too.
~1Mil – Switzerland – Situation is fucked. Switzerland is small and space gets rare and expensive.
In Spain 🇪🇸 with field? 300ke minimum.
I actually co-own a real estate development company based in the Baltics building private houses around EU and for a recent project in Sweden (for an investor) the turnkey budget for a 145m2 house was €1400/m2 so just around €200,000 & it got sold by him in 2 months for over 4 million SEK (€350,000+). For a 100m2 house in Poland you could assume around €130,000 – €140,000.
Here the min we bought was 12K and added 45K for the renovations in France but you can do a really-to-move-in at that price, sure it’s not in a city and i did the work myself.
I don’t understand when you say 200k is 14 salaries, a salary there is 14k ?
I would say 250k € and onwards.
It was around 100-120K if you hire, 25-40k yourself. (not including land)
Now, I assume it it closer to 150-200k. Latvia.
+- 1 mil 😪
Arround 250k now.
Apparently it costs around ~1500€/m2 here in Slovenia, which would mean that a 160m2 (net surface) house would cost around 240k. Given the median net income of 1229€ in 2022 only the house would cost approximately 16 yearly salaries.
Of course you also have to buy the land which can range anywhere from 30€/m2 and up to 300€/m2 depending on the location. Getting the required permits isn’t cheap either and varies a lot depending on the municipality, can range anywhere between couple thousand to 25k.
In Lithuania it costs 2200-3000 eur / sq m. for a simple (nothing fancy) architecture house. Everything outsourced, without cost of land and permits and furniture etc…
Construction prices nearly doubled after Covid.
Croatia here. Friend just bough a newly renovated furnished 2-storey house for 200k. I’m renovating my own 3-storey house and am expecting it to end up being 150k in the end.
People say its much less expensive and a lot less hassle to buy an old house with all the required documention, electricity, water, sewage, phone connections, tear it down and build a new one but don’t know first handed…
In Germany construction cost would be around 3000 euro/m2. Land extra…
In Belgium it’s between 1800€/m2 to 2500€/m2 excluding land.
In Croatia, 700-1200€ m2 if all work is done by contractors and is ready to live. 100-300€ for rohbau ( without land price). I am also looking to build a house. But my brother, father and my brothe’s ex girlfriend father ( lol) renovated his appartment just paid material. So if you know how to do some things yourself, and that are allowed by law you can pay 300€ and do rest yourself.
Portugal:
20 – 50k for a plot in a reasonable place
100 – 130k for the house
350 years for the licensing and multiple inspections
500 trillion moneys in bullshit taxes
Edit:
Cost per sqm is closer to 1.5k per sqm now, thanks u/idbedamned. So, 150k for the house
North italy, outside the city. 130mq house would cost 500k€ at least.