On the way to ownership: saving costs when building a house

These days there is hardly a more secure retirement provision than home ownership. Many people want to afford their own four walls, but usually do not have the necessary resources.

 However,when you are savings with planning, you can make your dream come true sooner rather than later.

Where can you save money when building a house?

Nowadays, the construction of a house can be very different: Some offers make it very easy to find a suitable property and have it built according to the modular principle. Windows, doors, walls, light switches – everything is available either in a standard version or to choose from yourself.The first variant – let’s call it the “catalog house” for the moment – ​​is of course the more comfortable one. The second option, on the other hand, is usually the cheaper one. If you choose everything you need for your house yourself, you can even save a lot. 

From bathroom tiles to door handles, a wide variety of objects in a house can be selected individually. This allows homeowners to save money, provided they are able to find appropriate compromises: Not everything in the new house has to be in the upper price segment; some things are sufficient in the simple, pragmatic version. Builders should also carefully consider the long-term consequences of some decisions. While it is quite easy to repaint a wall in the house, it can be extremely difficult to install alternative window frames. Floor coverings in particular should be chosen so that they ideally do not need to be replaced in the near future.

When it comes to things in the house that have “long-term” consequences, it can make sense to dig a little deeper into your pockets. Other things - in particular the interior design or easily replaceable panels, etc. - can initially be bought cheaply and later replaced with a higher quality version if necessary. When building a house, there are many small adjustment screws that can be used to reduce the overall costs.

Saving Is Always Possible , But Not on the substance

Once you're bitten by the savings bug, you're easily tempted to reconsider the “big” adjustments when building a house. For cost reasons, many builders are thinking about installing cheaper insulation or making the building structure generally cheaper. An example here would be brick elements, which are expensive but have extremely good thermal insulation - versus simple plasterboard, which is very cheap to buy but has less good insulating properties. Such decisions should not be made lightly, as they can result in greater costs in the long term - for example if a poorly insulated house produces significantly more heating costs.