Assessment of the value of a piece of land

2022-04-30 15:00:33

Freely after Klaus Kinski, "I don't understand the question." (even though the above is not exactly a question.) :rolleyes:

All RH owners together means? The community should buy it? And if something is offered, there is usually a price in the offer?

But you want to buy the property just for yourselves?

How is the forum supposed to know what prices are paid for "grassland" with you?

Show a picture from GoogleMaps so that the additional property can somehow be classified...

Yes, it means that the community should buy it. However, the current owner would certainly not mind if only one party decided to buy. The offer was made in the sense that the intention to sell was brought to us, but so far without a concrete value. Therefore, we want to submit a bid as a community next week – hence our inquiry.

Accordingly, we do not want to buy the property just for ourselves.

Regarding prices for grassland: How do we best find out what prices are appropriate for us? This is what the question should also be aiming at.

Here is a graphical representation of the situation. The property in question is marked in red. There is a wall along the street – the curb is not lowered. The row of houses is shown in green. The image is already oriented north (up). The gardens are located "behind" the houses, that is, to the south.

2022-04-30 15:08:28

...so you could also say, you remove a piece of the wall, lower the curb, and then every potential buyer can access the property. So not as unsellable as thought...

2022-04-30 15:08:40

I have to quote Kojak here "i lllove it", how "sparing" some questioners are in illuminating the background. From the sparse factual descriptions, one can only piece together a very vague picture: "our access road" I suspect as a shared driveway (which would probably also serve a right of way as an emergency path for the property in question) to a row of 5 terraced houses; "opposite the entrance" would then probably mean that the property in question is practically an "opposite front yard," thus incompatible with the back gardens of the houses. It would be interesting to know whether this would be possible on the other hand with its other neighbors, i.e., those potential co-bidders in the tight market for the property in question. The descriptions of the building stock and the claim that it is not building land contradict each other. About the property in question, I can only speculate very vaguely here that it belongs to an overall area on which the seller, opposite the five terraced houses, had developed two detached houses (and now, due to rocky or contaminated soil, can’t find any fools for them ???). In any case: the OP should realize that every crystal ball must remain dark in this fog :-(

I can only join this petition (and add from experience with the note that something should be recognizable here, so please refrain from the usual games).

It is a bit difficult to assess exactly which information you need. I have now cut out the image from BORIS once. I think with such topics, the restraint in providing information may result from the fact that possibly the seller can also be reading along ;-)

The background of this construction is that originally there was a large plot of land. Part of it was split off, and a multi-family house was built (south). Then the plot was divided again, and part went to the project developer of our terraced houses. The remaining rest is now the issue and was acquired by a third party, independent of 1 and 2 – probably in the hope of being able to build there as well or, as you suggested, as a speculative object. However, to our knowledge, this wish has not come true.

By the way, the gardens cannot be connected, no.

Here again with the three "parts":

2022-04-30 15:09:45

...so one could also say, you remove a portion of the wall, lower the curb, and then any potential buyer can access the property. So not as unsellable as originally thought...

The question is how easily the public parking area along the street could simply be replaced by a driveway. And what effect that ultimately has on the value, since it is still not building land.

2022-04-30 15:30:14

The question is how easily the public parking area along the street could simply be replaced by an entrance. And what that ultimately does to the value, because it still isn’t building land.

So it’s not directly street there, but parking areas? Please put all the information on the table...

2022-04-30 15:35:05

Cars usually park on both sides of the street in any case. Whether this is then an "official" parking area, I cannot say - or whether the neighbor here could also simply lower the curb. Maybe it will become clearer with the screenshot from Maps (the old building can still be seen at the bottom - logically, it no longer exists):

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Assessment of the value of a piece of land

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