Application for a new development area: Selection of plots

  • Erstellt am 2023-05-11 14:27:57

xMisterDx

2023-08-20 12:40:35
  • #1
Well... in new residential areas younger than 5-10 years, there are hardly any delinquents because most people build their houses in their early/mid 30s. The children are still small. But all small children, with a probability bordering on certainty, will eventually become delinquents, tragic fates excepted. And the need for peace often increases significantly with age. You also don't know who will live in the houses in 10, 15 years. Here the first houses are already being sold, not even 2 years after the start of construction of the first projects. Separation, taken over financially and/or in terms of effort, etc. I wouldn't build directly next to a playground.
 

Mangolicious

2023-08-20 14:36:11
  • #2
It also very much depends on the enclosure. In dense housing, I prefer that to a house wall.
 

Mangolicious

2023-08-20 18:39:07
  • #3
We are still (or again) torn back and forth. We were already in "Round 2" of the lottery procedure when we received the approval. The likelihood that the architect will not be able to sell the plots and will market them cheaper than offered by the city is probably relatively low, isn't it?
 

11ant

2023-08-20 19:23:19
  • #4
I don’t quite understand:

So you were already on the waiting list for a returned lot on an S-property...

... and what do the T-properties have to do with this now?
You said earlier that there are currently only six deals (out of 79 lots!) – so what makes you estimate your chances as low now?

I don’t see the T-properties as more attractive than the S-properties, but as mentioned, I suspect a blanket quota-based distribution of who markets which of the S- and T-properties. So determined with a counting rhyme or dice, which ones should be put in the showcase first and which go into reserve. I suspect that according to the original plan, there was speculation on a "run," where the T-properties were supposed to benefit from the benchmark increase through the deals of the S-properties. If the building area now "underperforms," it could lead to conditions like in the used car trade, i.e., that developers bid on entire bundles. Where could the catch be here?

And especially, related to you: between what back and forth are you fluctuating, and why?
 

Mangolicious

2023-08-20 19:43:36
  • #5


6 deals have been made for the exclusively marketed municipal plots so far (=33 ... so the share of awards is about 18%). T only starts later and then freed from criteria like children etc. And if runners-up (like us) decline, S plots go into joint marketing with T.

Whereas everything is distributed/marketed through the architect’s office, the city has only secured the allocation rights in order to first ensure local residents and families are supplied...

For now, there is generally ambivalence regarding building vs. existing property vs. waiting.

Regardless of that, we wonder whether, if the development “underperforms,” it might be possible to get a plot cheaper than the indicated 315 sqm. Or whether it will then only be possible via developer binding or the like (so if we decide on "building" -> take the plot immediately or also wait here because demand is currently so low).
 

11ant

2023-08-20 23:22:47
  • #6
Building and young existing properties (up to about 15 years) are equivalent if you are not picky about the room layout. If you are, and corresponding floor plan modifications come into play, existing properties become less attractive than new builds. You can basically cross waiting out, because prices rise more certainly than the chances. If the plot, in case you hesitate, moves from the S-pot to the T-pot, I would see that as an argument against this mistake. By developers, I did not mean those who then sell the plots themselves bound as general contractors for freely designed buildings. Rather those who pave the construction area or whole blocks or strips of it like a pick-and-place machine with their semi-detached houses – depending on the attractiveness of the building plots with "dream houses" or as a "Count Newrich Quarter." That is a "business."
 

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