Construction costs are currently skyrocketing

Why is the general tone here actually that houses >20 are bad and should be torn down? My house is 75 years old and has not yet been blown or puffed away by the wolf. Well, it lacks the nowadays desired ugly columns at the entrance and I only have a ceiling height of 260 but also only pay for 15 years.

Nobody said they are bad. Only that you have to be crazy to pour so much money into an old house. ;)

Nobody said that they are bad. Only that you have to be crazy to pour so much money into an old house. ;)

Why do you have to be crazy for that? I also energetically renovated my place from 1927. New roof with overlay insulation, new windows, blown-in insulation in the exterior walls, milled-in underfloor heating, etc. - plus all lines and pipes renewed. Comprehensive renovation - and now I end up at about 80 kWh / sqm. Not comparable in energy standards to a new building or an efficiency house, but still okay. In the end, I come to about €300,000 total investment, all in, with all incidental costs, new terrace, and kitchen. For people like me, who dare not approach new construction because they don’t want to commit financial suicide, this is a good way to get homeownership.

People often act as if everything built before 1980 can collapse at any moment and is unsellable...

Yes, that may always be different in individual cases. In our city, such old shacks are sometimes offered for 400 to 500 k€ plus at least 100 to 150 for renovation, you end up with a sum that is "crazy" for a 100-year-old house. At least that's how I see it. That is or can always be different regionally / in individual cases. There are such houses in the East in some regions already for five-figure sums. But do you want to live there? Just because the house is cheap? Usually not. That's why it is so cheap. Personally, I would never pay such sums, half or three-quarters of a million euros, for old houses. And again, nobody is saying that anything is falling apart. But overpriced and still old it is in many cases. For "romantic" reasons, many chase after such things and go into incredible debt.

Yes, it may always be different in individual cases. In our city, such old shacks are sometimes offered for 400 to 500 k€ plus at least 100 to 150 for renovation

I had thought those times were over ...

I had thought those times were over ...

Where are they over? I don't see that yet.

In the end, I come out all in, with all additional costs, new terrace and kitchen, at around 300,000 € total investment

Yes, but what did you pay for the house? I just checked your history, 100k for a house is almost a giveaway and you even got it at family price. You can't even get a condominium for that. For 300k, even here in rural SIG, I only find houses with which you can go to RLT2. Normal renovation cases from the 70s cost about 400k, plus buying incidental costs plus renovation. That makes 550-600k and that's simply a lot for a partly renovated house. And against that, I make the following calculation: Land 100k Town & Country Flair 134 including underfloor heating and heat pump 310k (price for SIG) Floors + painting + upgrades 50k Incidentals 50k Outdoor facilities 40k ------------- 550k A lot of this is calculated generously, you could stay significantly under 50k for building incidental costs and there is also a lot of leeway with 40k for outdoor facilities