Hello everyone, today around midday my wife’s grandmother called and said we could go see a house tomorrow. An acquaintance is moving into a care home and is selling her house. Apparently, there are already a few interested parties, but the lady knew that we are also looking and wants to give us priority.
At the moment, we don’t have any photos or information about the construction year, asking price, or anything similar. I’m currently reading up on what to pay particular attention to during a house viewing. I won’t be able to get a professional inspector on short notice. I think we will definitely bring someone along later if we like the house. Long story short, what should I absolutely find out and what should I watch for? This is our very first house viewing.
Basic details: village (2,000 inhabitants) in the Lake Constance region – so, as you might expect, a very limited supply everywhere.
Thanks for any tips that even a layperson can check.
At the moment, we don’t have any photos or information about the construction year, asking price, or anything similar. I’m currently reading up on what to pay particular attention to during a house viewing. I won’t be able to get a professional inspector on short notice. I think we will definitely bring someone along later if we like the house. Long story short, what should I absolutely find out and what should I watch for? This is our very first house viewing.
Basic details: village (2,000 inhabitants) in the Lake Constance region – so, as you might expect, a very limited supply everywhere.
Thanks for any tips that even a layperson can check.
Grashalm schrieb:
They are selling the kitchen (built in 1978) as part of the inventory, along with an old study room wall unit, garden tools, a sauna, and one of those elderly chairs for the stairs. All things we were going to throw away anyway. I find that a bit annoying and somewhat cheeky. Grashalm schrieb:
We were going to make an offer anyway. But the tip about the deadline is helpful, thanks. In your counteroffer, I would respectfully mention the inventory items, accepting without any real critique the garden tools and the sauna (explicitly praising them: "you have assessed this very accurately") at the proposed value, offset by the estimated disposal costs for all the other junk. The sellers will have to process that first. At the same time, set a clear statement with the binding deadline of your offer. Most affordable used properties in the market segment of “builders who were once active contributors” are inexpensive precisely because the sellers have spoiled the sale by scaring away potential buyers with their sentimental price expectations for old clutter.
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Yes, there are lower additional costs, but financing can become more difficult because you waste your equity on junk, which no longer adds to the property value.
So, I would set a single price x for everything together: house + inventory. But just as @11ant said: appreciatively praising the good condition. To what extent the sellers want to split price x between the house and the furnishings is up to them. In the end, it doesn’t really matter.
Sure, 20,000 (about 22,000) is a lot of money for junk, but on a 600,000€ (about 660,000) property plus 100,000€ (about 110,000) renovation, it’s roughly only “3% more.”
So, I would set a single price x for everything together: house + inventory. But just as @11ant said: appreciatively praising the good condition. To what extent the sellers want to split price x between the house and the furnishings is up to them. In the end, it doesn’t really matter.
Sure, 20,000 (about 22,000) is a lot of money for junk, but on a 600,000€ (about 660,000) property plus 100,000€ (about 110,000) renovation, it’s roughly only “3% more.”
Expensive 3%, which really bothers me a bit. The additional purchase costs were also a consideration. But then I remembered the initial conversation where they tried to sell everything before moving forward. Apparently, they didn’t manage to do that.
Price per square meter is around 130-150 € (about $140-$160).
We would like to have a nice, large garden.
The basement is a livable cellar. It is already included in the square meters. The attic is very low and not worth expanding, but it is sufficient for our needs in terms of size.
driver55 schrieb:
And how much per square meter?
You “need” 700-800 square meters?
That seems like a huge house with potential, 169 square meters of living space, how many square meters in the basement, the same amount?
And the attic can still be developed.
Something comparable and new on a plot of that size easily costs seven figures.
(Since you end up around 800,000 € (about $870,000) – ready to move in.)
Price per square meter is around 130-150 € (about $140-$160).
We would like to have a nice, large garden.
The basement is a livable cellar. It is already included in the square meters. The attic is very low and not worth expanding, but it is sufficient for our needs in terms of size.
You just have to keep an eye on it. The house was built in 1978, which is over 40 years ago. Electrical systems, pipes, heating, roof, windows, doors – all of these are actually aging.
If you want to live there for another 40 years, it will be a constant renovation project. The price is quite ambitious in that case.
If you want to live there for another 40 years, it will be a constant renovation project. The price is quite ambitious in that case.