Construction project: Feasible or illusion, budget 400,000 euros

  • Erstellt am 2017-05-31 00:12:21

ypg

2017-06-02 09:04:30
  • #1
The ratio is regulated in the development plan by the floor area ratio/site coverage ratio and therefore almost always fits into the surroundings. There is then no deduction/loss in value.

In brief, regards
 

Musketier

2017-06-02 09:33:51
  • #2


sort of. This may apply to typical plot sizes for the area. Beyond a certain plot size, it no longer applies. Not everyone likes, for example, a 10,000m² plot for the house. This quite significantly restricts the buyer market, so the price in relation to the consideration tends to be rather lower. Conversely, a narrow plot of 200m²–300m² in rural areas can appear unattractive and push the price down. At the time when we were looking for a used house between 2010 and 2012, for example, there were plenty of terraced houses built in 1994–1996 in the Dresden outskirts on the market for around €150K–180K. Price-performance ratio was top, but also completely uninteresting to us because these narrow plots were simply much too small for us. Meanwhile, even the market for these houses has been wiped out and the same houses are listed for €100K more on the internet.
 

Steffen80

2017-06-02 09:45:42
  • #3


with us not only empty...a real vacuum has developed. Not even expensive houses end up on the internet anymore..unbelievable..
 

ypg

2017-06-02 10:24:56
  • #4
This is about single-family house construction... in rural areas often with over 10,000 sqm, but there you will certainly find a floor area ratio of 0.1/0.2 and rather a relatively small building envelope compared to the rest of the (natural) property. Of course, you have to like that, especially since the infrastructure around it is also not the best. The closer properties are to metropolitan areas, the smaller they become. Whether you fit the target group you are looking for or not, you will explore that yourself in advance. But that does not reduce the value. There are all kinds – in my large company you will find a balanced mix of both: those who afford a house of normal size close to major infrastructure on a small plot as well as the same house size on larger land, but then rural or even wooded. Therefore, you definitely cannot say that a plot is oversized or contrary to the house. The ratio is determined by the authority (floor area ratio) and almost always fits into the surroundings, unless the authority has other plans for the area than those given by the surrounding structure. In short, regards
 

Musketier

2017-06-02 11:17:06
  • #5
To illustrate what I mean, here is an example (even though not from the single-family house sector)

Schwiemu owns a multi-family house with an attached commercial building (residential and usable area probably 1500m²-2000m²) with an estimated 10,000m² of land in a valley location by a stream. The property has several ponds, trees on a steep slope, outbuildings, etc. In summer, it is a totally idyllic location.
But just to keep the property somewhat in shape, you could employ someone full-time. I don’t even want to talk about the buildings. The money you put into renovating it, you will never get back when selling.
If you wanted to sell the place, it would probably only go to a nature lover with a big wallet for personal use as a summer residence. But there aren’t many of those.

The same house with a "reasonable" plot without ponds and outbuildings might instead attract a completely different buyer group as an investment property and thus achieve more.

What I want to say is, no matter what ratio is given by the building authority, if you deviate too much from the local norm, be it plot size up or down or house size up or down, then the property becomes a niche object and prices go down. But I don’t see that with the order of magnitude mentioned by Marvinius.
With houses under 80m², it would probably be different. There, the calculation by buyers (with rising land prices and increasing space requirements) in 20 years would rather be land value minus demolition costs.
 

Nordlys

2017-06-02 11:30:11
  • #6
That also varies greatly by region. Tourism is booming at the North Sea and the Baltic Sea. Because of Islamists and such, many no longer travel abroad. Tunisia, Morocco, Egypt, Turkey are dead as destinations. - Small houses do very well here and are turned into holiday apartments, either for personal use or rentable. Old properties from the late 50s near the harbor are going for almost 200. Karsten
 

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