Buying Guide - Former Agricultural Farm

Typical Germany. That would not even occur to me as a civil servant.

My comment formulated with the same intention in reference to Knöllchen Horst was deleted and I was warned :cool:

One can try to approximate the actual value.

1. What do similar objects cost within radius x?
2. Standard land value to determine the pure land value (agricultural land is usually not worth much)
3. Cost value method for approximate determination of the value of the building. Here, it must be checked whether the parts of the house to be renovated have exceeded their calculative lifespan or not...

In nature conservation, it must of course be considered that if a building is renovated, certain requirements must be met depending on which species live there, such as installing nesting places for birds or bats. Certain work on the house may only take place during specific periods of the year... And yes, the building authority does come by and looks for bat droppings... That was the case with us.

So search for the Regelherstellungskosten for this type of house and multiply them by the construction price index for your region/county. You can find both at the Finanzministerium. Then you already have the manufacturing costs per m2, from which you can deduct the depreciation. Together with the land value, this gives an initial indication of the pure material value of the house. The market value is often above the material value. It is worthwhile to compare this with similar houses on the market. To what extent you are then willing to pay this difference, you must weigh up in view of the restrictions of the land and the need for renovation.

I hope this is understandable.