Determination of land value of property with existing old structure

Hello mertmk3,

you can have the connections checked, and you can also get information from the building authority or the utility provider about how old the pipes are and when they are likely to be renewed (or should be). Possibly a road renovation is planned or may have been done in recent years? All of this information can be obtained from the building authority, etc.

Also (possibly with the involvement of the next higher authority) the development plan if available, or if it does not exist, what restrictions by the church are to be expected.

You can of course request a soil survey, but the costs will be added to the purchase price, so it is better to negotiate the purchase price without it and commission it yourself.

What a survey report is supposed to be is not really clear to me at the moment!?

There should be a cadastral map included to recognize any encroachments etc. at the moment, and you can have the quality of the boundary points/boundaries checked at the cadastral office and/or by a publicly appointed surveyor to see if there are possibly contradictions in the cadastre. Updating the coordinates should only take place after purchase or only becomes urgent when you want or have to fully utilize the property.

Best regards
Dirk Grafe

Hello,

Lumpi has hit the mark! The value will probably be higher...

Location:
- Town center, in the third row from the main street

sounds already value-enhancing. Established areas are usually preferred over new development areas (there are exceptions with young families)

A rectangle facing the street, but with a rounded left corner. Narrowing towards the back.

Should not be a problem to place a standard house on it, so it is not a defect either

- Standard land value according to the expert committee municipality: €300/m²

I have never knowingly seen a property sold at the standard land value.
The trend of the market value is actually going up in the years of low construction interest rates. Land is not increasing, building land is becoming increasingly scarce, so the standard land value is arguably not keeping up with the market value (not the traffic value).

- There is an old house on the site without central heating and with amateurishly installed electricity and water. Should be brick construction

This is also no reason to demand a deduction.

If the 800sqm plot is not narrower than 12 meters over more than 2/3 of its length, thus poorly buildable, I see no reason for a "kind" of value reduction.
You will also have to bear follow-up costs. Why should the seller pay anything? He has something that many (even well-off people) would salivate over.

If the development plan here also allows what looks like a multi-family house or row/semi-detached house, then a developer will rub their hands and drive the price of the land up by x% - provided they hear something about the plot and its sale.

Statements about the standard land value or its reliability without a map and at least a roughly accurate location description should be treated with caution.

If the plot does not allow a secondary development due to its shape or development plan or adaptation to existing buildings, it should be downgraded based solely on its size and shape.

Statistics (Attention! Not official standard land values, but internal analysis of the website!) can be quickly found under Google, first hit: "Rems-Murr-Kreis Bodenrichtwert"

For plots around 800m², the price is stable or slightly falling and is around €200, not €300.

If the property can be partially and separately developed, the price goes up. Otherwise, probably not.

Best regards Dirk Grafe

Due to the development plan, construction with a multi-family house is not possible; the building envelope would have to be changed for this. Also, a division and construction with two houses is not possible without changing the building envelope. This is due to the cut of the property.

In general, a bidding competition does not need to be discussed for now, as the property was privately offered to me by very good acquaintances.

Now I have two different statements. If the standard land value for the property were closer to 200€, I would have a different basis for negotiation. I have now calculated with 300€.

Wait and see what ideas the sellers have. Otherwise, send me a site plan or an exact address of the property via PM, then I can respond to you more precisely.

Best regards
Dirk Grafe

A question about the topic of [Bodengutachten]:

Since there is currently a house standing on the spot where the new building is to be constructed, a [Bodengutachten] cannot be done at this location. Is it okay to have the [Gutachten] done a few meters away from the house? Since the basement will be excavated during the demolition anyway, I would like to have the [Gutachten] in advance so that I can have any possible requirements handled directly with the demolition company in one go. Apart from that, a [Gutachten] before the purchase is only possible next to the house.