Good morning everyone,
After reading quietly for a long time, my wife and I have decided to share a topic with you and hopefully receive some helpful feedback.
We moved into our terraced house in the outskirts of Hanover in late summer 2021. With 140 m² (1,507 sq ft) of living space, the house is more than sufficient for us. However, with a 15 m² (161 sq ft) terrace and about 50 m² (538 sq ft) garden, a bit more outdoor space would be welcome. Adjacent to the five terraced houses (opposite the entrance) is a plot of land that was offered to us (all the owners of the terraced houses together) for purchase at the end of last week. The plot is about 700 m² (7,535 sq ft) in size. It has five old garages/sheds on it (presumably leaky and possibly insulated with asbestos). It is NOT designated as building land and, to our knowledge, cannot be converted into such. The plot can only be accessed by vehicles via our shared driveway. There is no right of way. However, the land could potentially be used as a garden area (playground, barbecue area, planting beds, etc.).
A bit more about the location: We are in a small town in the historic town center with nearby shopping, public transport, banks, a cinema, motorway access, etc. A few kilometers further out, the area becomes quite rural.
We are currently very undecided about what price we would be willing to pay for this plot. On the one hand, it’s just grassland. Fields nearby sell for about 150 EUR per square meter. These can at least be used for agriculture. On the other hand, we would have more space, and our property would probably gain value from the additional communal land. Overall, we would be happy to have the extra area, but not at any price.
So the question(s) for you: What value would you assign to this plot or offer the owner? How would you determine a price that is as fair as possible for both sides?
If you need any more information, we are happy to provide it. Thanks in advance for your feedback.
After reading quietly for a long time, my wife and I have decided to share a topic with you and hopefully receive some helpful feedback.
We moved into our terraced house in the outskirts of Hanover in late summer 2021. With 140 m² (1,507 sq ft) of living space, the house is more than sufficient for us. However, with a 15 m² (161 sq ft) terrace and about 50 m² (538 sq ft) garden, a bit more outdoor space would be welcome. Adjacent to the five terraced houses (opposite the entrance) is a plot of land that was offered to us (all the owners of the terraced houses together) for purchase at the end of last week. The plot is about 700 m² (7,535 sq ft) in size. It has five old garages/sheds on it (presumably leaky and possibly insulated with asbestos). It is NOT designated as building land and, to our knowledge, cannot be converted into such. The plot can only be accessed by vehicles via our shared driveway. There is no right of way. However, the land could potentially be used as a garden area (playground, barbecue area, planting beds, etc.).
A bit more about the location: We are in a small town in the historic town center with nearby shopping, public transport, banks, a cinema, motorway access, etc. A few kilometers further out, the area becomes quite rural.
We are currently very undecided about what price we would be willing to pay for this plot. On the one hand, it’s just grassland. Fields nearby sell for about 150 EUR per square meter. These can at least be used for agriculture. On the other hand, we would have more space, and our property would probably gain value from the additional communal land. Overall, we would be happy to have the extra area, but not at any price.
So the question(s) for you: What value would you assign to this plot or offer the owner? How would you determine a price that is as fair as possible for both sides?
If you need any more information, we are happy to provide it. Thanks in advance for your feedback.
Stadtrand schrieb:
I can’t say whether that is an “official” parking space or if the neighbor could simply lower the curb here as well.And suddenly, once again, a picture is worth a thousand words: there is a “parking area” visible across the street, in front of the property in question cars are parked simply along the roadside, it is easily accessible, and so any presumed difficulty selling the property due to access issues disappears. This makes you wonder even more what kind of hazardous materials must be stored in the sheds for the property not to be snapped up faster than you can blink. There is zero slope, it is not in an outlying area (countryside), otherwise there should be dozens of applicants. What’s wrong here? If I were you, I would check with the building authority (or the local council) which preliminary building requests have already been rejected and why.https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/
@11ant put it very well. Accessibility and, if necessary, connection to utilities can easily be made from the street.
There was already a building on the site. It is not located in an outer development zone, etc. I am quite confident that construction will be possible here (infill development).
Either there are contaminated sites or he wants to sell it to the townhouse owners out of convenience. I suggest you visit the building authority and get information firsthand.
There was already a building on the site. It is not located in an outer development zone, etc. I am quite confident that construction will be possible here (infill development).
Either there are contaminated sites or he wants to sell it to the townhouse owners out of convenience. I suggest you visit the building authority and get information firsthand.
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