Becoming the owner of a charming new house is a prospect that delights many individuals. Before embarking on such a project, it is essential to determine the price of a new house per m². This varies according to the type of construction and the characteristics of the property.
Before you know what the cost of a new house is, you need to decide on a particular house model:
Indeed, for each model, the price of a new house per m² will vary. It can easily go from single to double between a prefabricated house and a top-of-the-range detached house.
To find out more, it may be a good idea to ask for quotes from construction companies depending on your project. They can then be compared to select the solution best suited to his financial capacities.
The budget required for a new house varies according to the type of construction required. A simple construction requires CHF 5,000 per square metre of living space. For a medium quality house, the price per square metre is between CHF 7'000 and CHF 8'000.
For the construction of a luxury house by an architect, the price of a new house per square metre will be higher. The budget starts at CHF 10'000.00. For high-end services, you will need a substantial budget.
To know exactly what the total cost of a new house will be, all costs must be taken into account:
Carrying out this estimate becomes mandatory because the budget for the purchase or construction of a house must therefore be large enough to cover all costs. There must be sufficient equity to finance this operation.
Very often, buyers forget all the charges and costs associated with a new house. The purchase price is not the only sum to be paid. To honour your mortgage loan, a simulation is preferable. It ensures that you have sufficient funds.
The price of a new house per m² varies according to the canton chosen. In the Mittelland area, properties are generally offered at CHF 5,000 per square metre. This relatively low price attracts new buyers every year who want to own their own home.
In the Geneva region, houses are particularly expensive. On average, the average price is CHF 10,500, which means that the budget will be significant for a large surface area.
The price of a new house per square metre is somewhat lower in the canton of Zurich, with an average of CHF 8,100. However, in the large urban centres, it is rare to find a property for less than CHF 10,000. In order to reduce the cost of this purchase, it is necessary to turn to the countryside.
With an annual increase of 0.6% for new houses, the prices charged should be checked before embarking on this project. The cost may be high depending on the geographical area chosen. For a more accurate estimate, you can make an online estimate.
When calculating the price of a house per square metre, do not forget the costs that will follow, such as insurance premiums, public taxes, heating and electricity costs.
In the case of new property, these costs are considered to be 0.6% of the total price. A financial reserve is therefore preferable to cover these costs.
In general, they are considered to be 0.4% to keep the object in a satisfactory condition. They allow for the care of paints and floor coverings.
You can apply for a home loan or take out a mortgage. Whichever solution you consider, you should remember that 20% of the sum must come from your own funds.