Building an house ... long task ! - Page 7

Olive · 07-01-2014, 08:14 PM

Many questions here but it is interesting to see also these points.
Thanks Digi for your remarks. Concerning the price, it cost me 270 000€ without everything inside (kitchen, bathroom, bedroom, ...) neither painting or electricity and plumber (I am doing it with the father of my wife who is in this branch).
This cost do not taking in account the exterior job (walls, road to the garage...). To be honest, I think be close to 370 000 at the end .... at least

.

The more difficult thing for me is to keep the price in the planned line. My budget was really strict. It is a 20 years investment with a bank and I have a personal margin of course but it is very fast close to it !
Of course my aim is to do everything to keep the CSL ! For now the objective seems to be almost reached.

I was also completely new in the house building and I understand now why people say that you must build 3 houses to finally get the perfect house. You learn to avoid the mistakes and the money burned !

To conclude, I will say that this house is a nightmare since several month. Money is going away very fast and everything thing is costing much more than planned. I am the only one to not be able to appreciate it due to all this stress. May be it will be forget when I will start the first BBQ

P.S : By the way Digi, nice garage that you have

digi · 08-01-2014, 02:56 PM

Quote:

Originally Posted by Olive

Many questions here but it is interesting to see also these points.
Thanks Digi for your remarks. Concerning the price, it cost me 270 000€ without everything inside (kitchen, bathroom, bedroom, ...) neither painting or electricity and plumber (I am doing it with the father of my wife who is in this branch).
This cost do not taking in account the exterior job (walls, road to the garage...). To be honest, I think be close to 370 000 at the end .... at least

.

The more difficult thing for me is to keep the price in the planned line. My budget was really strict. It is a 20 years investment with a bank and I have a personal margin of course but it is very fast close to it !
Of course my aim is to do everything to keep the CSL ! For now the objective seems to be almost reached.

I was also completely new in the house building and I understand now why people say that you must build 3 houses to finally get the perfect house. You learn to avoid the mistakes and the money burned !

To conclude, I will say that this house is a nightmare since several month. Money is going away very fast and everything thing is costing much more than planned. I am the only one to not be able to appreciate it due to all this stress. May be it will be forget when I will start the first BBQ

P.S : By the way Digi, nice garage that you have

I think the stress for you is a good sign. Means you are painstakingly thinking through all the details. There may be a spike in the interest rate, but will have to see how the Fed and ECB react as the 10yr is trying to breach the 3% mark (seems like they are loosing control of the bond market), but the Fed/ECB will do everything in its power to lower it due to the amount of debt they hold. Its a mighty good time to borrow from the banks right now.

Like all projects there is always creep cost, but having your father in-law on your side will no doubt help tremendously.

At 370,000 euro's it will still be a dame fine house and its your creation which with all the stress and troubles will reward like no other. Bit like a hard core petrol-head building his own car. We all want to, but can't. Only the gifted and truly capable will be able to pull it off. Well done, keep at it will be a joy for you and your family once you move in and can enjoy it.

Not to mention the market value of the premises!! Lovely bonus.

Olive · 08-01-2014, 08:33 PM

I am living in my ancestors village, the ground is in my family for years. So ... I did not built it to sell it.

And I am not sure to make a bonus anyway

I negotiated a good rate with the bank for a 20 years lending but it is the investment of a life, as for almost everybody who build an house.
I do not know if the stress is a good sign but for sure if I could do without it...it could be better.

Most important point : for the members who will be around Nice, it will be a pleasure to show you it in live.

**DazBlackCSL** · 08-01-2014, 10:19 PM

Could be a nice opportunity to say hello and

as we pass by on route to Monaco

Olive · 09-01-2014, 07:11 PM

It is really not far away. It will be a pleasure.

**DazBlackCSL** · 10-01-2014, 11:13 AM

Quote:

Originally Posted by Olive

It is really not far away. It will be a pleasure.

Olive · 20-08-2014, 08:51 PM

A quick update guys :

We moved in the house 5 days ago

**shimmy** · 20-08-2014, 09:39 PM

Fantastic Olive, 17 months isn't too bad, just thank Christ you didn't get Bounce to build it with his tipper truck or you'd still be in the ground with all the time he's now spending in the Love Nest

Rick H · 20-08-2014, 10:00 PM

Quote:

Originally Posted by Olive

A quick update guys :

We moved in the house 5 days ago

Did you forget to build a gate on the right????

Clubber · 21-08-2014, 12:24 AM

Congrats on the new house. Wish I knew there was a CSL'er in Nice. I was there a month ago with my CSL. It would be great to meet up. Next time then

08-01-2014, 10:19 PM	#64
DazBlackCSL CSL Register Uber-poster! Join Date: Apr 2008 Location: Shaboogling Posts: 7,199 Casino cash: $28478	Could be a nice opportunity to say hello and as we pass by on route to Monaco __________________ CSL Register Lifestyle Coach and Social Secretary

20-08-2014, 09:39 PM	#68
shimmy CSL Register Uber-poster! Join Date: Apr 2008 Location: Uk Posts: 14,646 Casino cash: $43909	Fantastic Olive, 17 months isn't too bad, just thank Christ you didn't get Bounce to build it with his tipper truck or you'd still be in the ground with all the time he's now spending in the Love Nest __________________ .

21-08-2014, 12:24 AM	#70
Clubber S5 - Full Throttle Join Date: May 2010 Location: Istanbul Posts: 359 Casino cash: $6310	Congrats on the new house. Wish I knew there was a CSL'er in Nice. I was there a month ago with my CSL. It would be great to meet up. Next time then __________________ Can, '04 M3 CSL ,'87 M3

07-01-2014, 08:14 PM	#61
Olive S5 - Full Throttle Join Date: Jul 2011 Location: Nice, France Posts: 265 Casino cash: $2223	Many questions here but it is interesting to see also these points. Thanks Digi for your remarks. Concerning the price, it cost me 270 000€ without everything inside (kitchen, bathroom, bedroom, ...) neither painting or electricity and plumber (I am doing it with the father of my wife who is in this branch). This cost do not taking in account the exterior job (walls, road to the garage...). To be honest, I think be close to 370 000 at the end .... at least . The more difficult thing for me is to keep the price in the planned line. My budget was really strict. It is a 20 years investment with a bank and I have a personal margin of course but it is very fast close to it ! Of course my aim is to do everything to keep the CSL ! For now the objective seems to be almost reached. I was also completely new in the house building and I understand now why people say that you must build 3 houses to finally get the perfect house. You learn to avoid the mistakes and the money burned ! To conclude, I will say that this house is a nightmare since several month. Money is going away very fast and everything thing is costing much more than planned. I am the only one to not be able to appreciate it due to all this stress. May be it will be forget when I will start the first BBQ P.S : By the way Digi, nice garage that you have

08-01-2014, 08:33 PM	#63
Olive S5 - Full Throttle Join Date: Jul 2011 Location: Nice, France Posts: 265 Casino cash: $2223	I am living in my ancestors village, the ground is in my family for years. So ... I did not built it to sell it. And I am not sure to make a bonus anyway I negotiated a good rate with the bank for a 20 years lending but it is the investment of a life, as for almost everybody who build an house. I do not know if the stress is a good sign but for sure if I could do without it...it could be better. Most important point : for the members who will be around Nice, it will be a pleasure to show you it in live.

09-01-2014, 07:11 PM	#65
Olive S5 - Full Throttle Join Date: Jul 2011 Location: Nice, France Posts: 265 Casino cash: $2223	It is really not far away. It will be a pleasure.

20-08-2014, 08:51 PM	#67
Olive S5 - Full Throttle Join Date: Jul 2011 Location: Nice, France Posts: 265 Casino cash: $2223	A quick update guys : We moved in the house 5 days ago