I live in a booming area and had been searching for a plot or a house for a long time. When I see the prices on real estate platforms like Immoscout, I often get really frustrated. Especially the following things bother me:
- A developer offers a very expensive, ugly plot at an inflated price, but that’s not all: you also have to build an outrageously expensive house with them, so that a single-family home in a small town ends up costing almost 600,000 euros. "Living close to nature"
- Nearly dilapidated single-family houses from the 1960s with 90 square meters (970 square feet) of living space are offered at prices for which you could buy a new single-family home of 120 square meters (1,290 square feet) with 100,000 euros more. "A fixer-upper for the handy family"
- "Land with development potential" is sold at prices between 40 to 50% of regular plot prices, but a call to the local authority reveals notes such as "nature reserve," "archaeological sites," "water protection area," or that the land is planned to remain agricultural for an even longer period.
- Naive private sellers demand sky-high prices: renovated houses from the 1970s costing more than a new build plus land. "Absolutely like-new gem" (despite being almost 50 years old)
- Small villages with around 1,000 residents, located 100 kilometers (62 miles) away, are described as being within the "Munich catchment area" just because you can reach a train station in 30 minutes, with trains that take 50 more minutes to get to Munich.
Sometimes I really feel like telling people that what they’re doing is almost misleading and exploitative. It seems like many are just waiting for the one "fool" who’s willing to pay one and a half to twice the market value.
Just wanted to share this... I’m sure the insights from this thread aren’t all that profound.
- A developer offers a very expensive, ugly plot at an inflated price, but that’s not all: you also have to build an outrageously expensive house with them, so that a single-family home in a small town ends up costing almost 600,000 euros. "Living close to nature"
- Nearly dilapidated single-family houses from the 1960s with 90 square meters (970 square feet) of living space are offered at prices for which you could buy a new single-family home of 120 square meters (1,290 square feet) with 100,000 euros more. "A fixer-upper for the handy family"
- "Land with development potential" is sold at prices between 40 to 50% of regular plot prices, but a call to the local authority reveals notes such as "nature reserve," "archaeological sites," "water protection area," or that the land is planned to remain agricultural for an even longer period.
- Naive private sellers demand sky-high prices: renovated houses from the 1970s costing more than a new build plus land. "Absolutely like-new gem" (despite being almost 50 years old)
- Small villages with around 1,000 residents, located 100 kilometers (62 miles) away, are described as being within the "Munich catchment area" just because you can reach a train station in 30 minutes, with trains that take 50 more minutes to get to Munich.
Sometimes I really feel like telling people that what they’re doing is almost misleading and exploitative. It seems like many are just waiting for the one "fool" who’s willing to pay one and a half to twice the market value.
Just wanted to share this... I’m sure the insights from this thread aren’t all that profound.
Sorry, 70 km (43 miles) from Munich is, in my opinion, no longer considered the commuter belt. You might still consider areas around Ingolstadt/Augsburg/Erding, as these cities themselves are also very attractive, but for me, the traditional commuter belt is defined much more narrowly.
Near Landsberg.
By now, the catchment area extends to Minderheit and almost Kaufbeuren.
In Landsberg itself, the price per square meter is much higher; we are in a small village without public transport or shops.
About 700 residents... of which around 300 have horns.
The neighboring village is already more expensive.
By now, the catchment area extends to Minderheit and almost Kaufbeuren.
In Landsberg itself, the price per square meter is much higher; we are in a small village without public transport or shops.
About 700 residents... of which around 300 have horns.
The neighboring village is already more expensive.