ᐅ How exactly are plots of land allocated in new residential developments?
Created on: 23 Apr 2020 13:55
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blubbernaseB
blubbernase23 Apr 2020 13:55Hi,
Since we are searching for a plot of land, I often visit new housing developments. Many have transparent allocation and application rules. Some are very complex (questionnaires, point systems, application letters, waiting periods, etc.), while others are quite simple (first-come, first-served procedures, etc.).
I’m not referring to those, but rather to the ones that casually state: “We process the interest list in order.” I have searched a lot but found very little information about this. The people in charge of these developments don’t seem very open either; I only get vague answers to my emails. I hope this isn’t a really silly question. I understand there are certainly differences, but maybe you could share your experiences.
Does anyone know how a strict list-based process usually works? Does the first person get to choose any available plot, then the second person selects from the remaining ones, and so on? How long does one have to reserve a plot? Does this happen in groups?
Thanks in advance.
Since we are searching for a plot of land, I often visit new housing developments. Many have transparent allocation and application rules. Some are very complex (questionnaires, point systems, application letters, waiting periods, etc.), while others are quite simple (first-come, first-served procedures, etc.).
I’m not referring to those, but rather to the ones that casually state: “We process the interest list in order.” I have searched a lot but found very little information about this. The people in charge of these developments don’t seem very open either; I only get vague answers to my emails. I hope this isn’t a really silly question. I understand there are certainly differences, but maybe you could share your experiences.
Does anyone know how a strict list-based process usually works? Does the first person get to choose any available plot, then the second person selects from the remaining ones, and so on? How long does one have to reserve a plot? Does this happen in groups?
Thanks in advance.
blubbernase schrieb:
I only receive vague answers to my emails. Lack of transparency doesn’t have to be a coincidence
blubbernase schrieb:
Does the first person get to choose any lot they want, the second then from the remaining ones, and so on...? Sometimes there are lists sorted by categories (single-family or semi-detached house plots), or you apply for a plot in a specific row or cul-de-sac. But individual plot applications also occur, like “I want lot number 37” – then you might not get it, and your next chance could be the next development phase.
I recommend searching for “11ant Barthel” here in the forum’s search function. Otherwise, you might grow old and gray before you get closer to your goal: the better the allocation rules are published, the stricter they usually are (existing local ties, points for children, and so on).
https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/
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nordanney23 Apr 2020 20:54Every method is different. You can’t get a universally valid statement on that. Sorry.
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erazorlll23 Apr 2020 21:34nordanney schrieb:
Every procedure is different. You can't get a universally valid answer for that. Sorry.From my own experience, I can only agree. It seems that no municipality is bound to any specific approach and each makes its own rules. Sometimes it’s a points system, sometimes first come first served, and sometimes an application letter is required. In your case, I think the only thing you can do is get on the list and keep your fingers crossed.
I have often read that most municipalities are moving toward a transparent points system to prevent the informal allocation of plots to the mayor’s children or the wife’s best friend. I believe this works well in many cases, but I have also seen the opposite. New development areas are announced, and only 17 out of 20 plots are sold (with the other 3 not being the farmers’ compensation plots).
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blubbernase23 Apr 2020 22:02Understood. Yes, of course, that can work there as well. We also had two plots available to us, but have now decided to look elsewhere first.
Thanks for the link, I was already aware of it.
Thanks for the link, I was already aware of it.
LordNibbler27 Apr 2020 11:50You always need to consider who is selling the plot within the development area. Is it the municipality directly or a private investor? In the latter case, a bidding process is quite common.
In such cases, the municipality only informs people on the waiting list that a private investor is developing the site. You can then express interest, there is a minimum price, and the plot is sold to the highest bidder.
OT: Here in Wolfsburg, the municipality doesn't have any plots to market itself. The last development area was sold around 2018/2019, for example at a minimum bid of €350/m² (about $350 per 10.8 ft²), including notary and general contractor agreements. Two plots remained after a few months and were sold at a fixed price of €450/m² (about $450 per 10.8 ft²). Now, the land value in this development area is €360/m² (about $360 per 10.8 ft²), which also includes the unsold multi-family residential plots.
In such cases, the municipality only informs people on the waiting list that a private investor is developing the site. You can then express interest, there is a minimum price, and the plot is sold to the highest bidder.
OT: Here in Wolfsburg, the municipality doesn't have any plots to market itself. The last development area was sold around 2018/2019, for example at a minimum bid of €350/m² (about $350 per 10.8 ft²), including notary and general contractor agreements. Two plots remained after a few months and were sold at a fixed price of €450/m² (about $450 per 10.8 ft²). Now, the land value in this development area is €360/m² (about $360 per 10.8 ft²), which also includes the unsold multi-family residential plots.