Joedreck
2020-01-20 06:56:09
- #1
Clearly: it depends.
You have to like the location. The property itself as well. Without knowing 2., no judgment is possible. The oil heating system could be outdated or from 1973, including the tanks. The electrical system can be old, the roof as well. The façade does not necessarily have to be insulated. More important is the roof or the top floor ceiling. Basement ceiling if possible as well. There is too little information to give reliable figures. For 1., I think you will be heading towards €500k. After deducting the ancillary purchase costs, you can still invest a good €100k in 2. before the prices are identical. However, depending on the condition, I do not see 2. as significantly cheaper.
You have to like the location. The property itself as well. Without knowing 2., no judgment is possible. The oil heating system could be outdated or from 1973, including the tanks. The electrical system can be old, the roof as well. The façade does not necessarily have to be insulated. More important is the roof or the top floor ceiling. Basement ceiling if possible as well. There is too little information to give reliable figures. For 1., I think you will be heading towards €500k. After deducting the ancillary purchase costs, you can still invest a good €100k in 2. before the prices are identical. However, depending on the condition, I do not see 2. as significantly cheaper.