ᐅ Old Building Renovation – Tips, Experiences, and General Feedback

Created on: 9 Jan 2012 10:38
S
Skywalker
S
Skywalker
9 Jan 2012 10:38
Hello everyone,

We are considering (possibly) renovating an older, detached single-family house built in 1957.
At the moment, we don’t know much yet, as we first need to understand the pros and cons of such a renovation.
Our main goal is to get a rough overview of this rather complex topic, so we are looking for tips, experiences, and any recommendations in this area.

Of course, we enjoy reading many forum posts... but there are so many different and numerous contributions that it will probably take some time to go through them all.

In the meantime – some details about the property...
  • Indoor and outdoor chimney
  • Dry basement (solid construction)

The real estate agent did not provide further details about the property and only pointed out that a renovation is necessary.
I think the following elements will likely need to be addressed as part of the renovation:
  • Windows
  • Roof
  • Upgrading/rebuilding the chimney (possibly for pellet use)
  • Facade insulation
  • Checking/modernizing electrical installation

We are not professionals in renovation, but rather “handy” with some DIY skills.
Therefore, we have questions such as...
  • Is it possible to upgrade the chimney so it can be connected to an energy-efficient water supply/heating system?
  • Can the investment be managed within about 100,000 euros (approximately 110,000 US dollars)?

We would appreciate any feedback, while understanding that without detailed information, precise estimates are not possible. So we simply welcome all advice, tips, and anything else you can share.

Best regards,
Sky
B
Bauexperte
9 Jan 2012 11:21
Hello,
Skywalker schrieb:
...At the moment we don’t know much yet because we first need to be clear about the advantages and disadvantages of such a renovation...The real estate agent does not provide further information about the property, only referring to a necessary renovation.

Is there an official valuation report? If not, you should insist on having one done or, if necessary, arrange for it yourself.

The valuation report clearly outlines the required renovation tasks and assigns a monetary value in euros (€). Only once you know exactly what needs to be renovated can you consider a. whether the purchase is worthwhile for you and b. whether you want/can finance the necessary funds.

...and by the way, ask questions here using a specific example. Anything else is just guesswork until then...

Best regards