ᐅ Your opinion on this somewhat unusual property

Created on: 15 Feb 2014 14:21
M
manonfire
M
manonfire
15 Feb 2014 14:21
Hello forum members.

Recently, we viewed a house that has so many flaws, but still won’t leave me alone.
It is a detached residential house, built in 1930. It originally consisted of a residential building with a vaulted cellar and a barn. In 2011, the owner demolished everything except the foundation walls, connected the house with the barn, and converted the barn. The roof was also about 90% newly covered. It is approximately 50% pitched roof and 50% flat roof. Currently, everything is in shell condition. New windows with electric roller shutters are already installed. Otherwise, everything is missing: no screed, no electrical wiring, no plumbing, no heating...
Floor plans showing how the finished property should look later were created by an architect. The total area, including garage and utility rooms, is 260 sqm (2800 sq ft) on a 450 sqm (4800 sq ft) plot.
What worries me a bit are the exterior walls, which are made of different types of masonry. We have 24 cm (9.5 inches) aerated concrete blocks, bricks, and the original barn masonry.
How does a combination like this behave when I want to insulate the facade?
The roof also has about 10% of the surface that is uncovered. It is possible that so much moisture has entered here that the insulation is now unusable.
The house has been in this condition for two years.
The owner miscalculated the costs and now has to sell.
The driveway is directly on the main road and is only about 280 cm (110 inches) wide, making access and exit very difficult.

I would like to hear your opinions on this property.
The purchase price is somewhere between 150,000 and 170,000 euros.
I am very tempted: interesting floor plan, lots of living space, a pleasant garden size, good location, and I can do a lot of "tinkering." Of course, without professional builders for heating, electrical work, etc., nothing will be possible.
We would be willing to invest around 150,000 to 180,000 euros in the renovation in addition to the purchase price.
Do you think a project like this is manageable? Or is it a bottomless pit?
Please share your impressions and suggestions. I am grateful for any advice regarding this house.

Here are some pictures for you:

Außenansicht eines unfertigen Hauses mit Balkon und großen Glasfenstern im Rohbau.


Unfertiger Innenraum eines Hauses im Rohbau mit offenen Wänden, Fenstern und Baumaterial.


Enger Hinterhof zwischen Ziegelhäusern, gepflasterter Weg, Baugerümpel und Tür zum Haus


Außenansicht eines unfertigen Gebäudes mit Balkon und Moos am Balkonunterstand


Verlassene Ziegelbau-Ruine mit offenem Fenster und Betonbalkon
M
manonfire
15 Feb 2014 14:27
here are two more pictures

Overgrown garden with fences and houses in the background


Two-story shell of a house under construction with red brick facade
Mycraft15 Feb 2014 15:05
So it will definitely be a bottomless pit, but if you have the time and money... Are there any structural calculation documents available?
M
manonfire
15 Feb 2014 15:10
I do have the time for it. Of course, our budget is limited as well, so we can’t afford to cover the costs of many unexpected surprises. But there’s no need to install the garage door or finish the landscaping right away... for now, it’s best to focus on the essential things.

I’m not sure if structural engineering documents exist. I plan to sit down with the current owner and find out all the details. However, I have seen two metal columns (supports) in the basement, so I assume someone has already given some thought to the structural stability.
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waldorf
15 Feb 2014 15:45
I don’t think it’s worth the risk. If it were a great location with a beautiful plot, it might make sense. But a cramped, tiny lot – what’s the point?

I don’t think you’ll find anyone who can tell you whether it will cost €150,000 or €350,000. And once the building authority / planning permission office gets involved, it’s probably already a lost cause.
M
manonfire
15 Feb 2014 15:59
@waldorf:
What do you mean by the building authority? The building permit / planning permission has already been granted.