Skip to content

Cost comparison: Does keyed construction truly offer cost savings?

Exploring Economics: Are Turnkey Buildings Truly Budget-Friendly?

Budget analysis: Is keyed construction trulycost-effective?
Budget analysis: Is keyed construction trulycost-effective?

Cost comparison: Does keyed construction truly offer cost savings?

In the world of home construction, two popular options have emerged: turnkey houses and self-building projects. Each comes with its own advantages and considerations.

For those seeking a hassle-free approach, turnkey houses might be the perfect choice. These homes, built by construction companies and their engineers, come with a fixed price guarantee and immediate move-in convenience. The construction process is managed by a professional company, ensuring a smooth and efficient build. However, turnkey houses can be more expensive compared to self-built homes, with an average square meter price of approximately 2,500 euros.

On the other hand, self-building offers a more personal and potentially cheaper alternative for those with handyman experience. From shell houses to timber-frame houses, the level of completion varies, allowing individuals to tailor their project to their skills and budget. Building a house yourself requires time, patience, and a solid understanding of construction processes. It's essential to note that without the necessary know-how, self-building can lead to difficulties with service providers, obtaining permits, and dealing with building contracts.

Comparing offers from different construction companies and carefully reviewing the services included in the fixed price is crucial when considering a turnkey house. It's also important to be aware of the differences between technical and turnkey completion, as later changes may incur high additional costs.

While turnkey houses offer no opportunities for cost savings through self-work, a timber-frame house, built partially by the owner, can save about 20% compared to a turnkey house. Additionally, the choice of craftsmen for a turnkey house lies with the construction company, whereas in self-building, homeowners have the freedom to select their own.

The search results do not provide specific data on the average costs of turnkey house construction in different regions of Germany. However, it's clear that the final cost of a turnkey house can vary significantly due to factors like location, size, and personal preferences.

In conclusion, the choice between a turnkey house and self-building depends on individual preferences, skills, and budget. For those who want a relaxed approach to house building, a turnkey house is recommended. For those seeking a more personal touch and potentially lower costs, self-building might be the better option. Regardless of the choice, it's essential to do thorough research and carefully consider all factors before embarking on a home construction project.

Read also: