Determination of the "monetary value" of a property in later financing

2020-06-28 08:14:44

Market value is between 150-200 €. It was simply a bargain. Even at the time of purchase.

I find it hard to believe. The church has long ceased to be a social organization and can calculate very economically.

If the bank then credits it at 3-4 times the market value after 2.5 years, it's good for you.

2020-06-28 08:23:39

I find it hard to believe. The church has long ceased to be a social organization and can calculate very economically.

If the bank then credits it with 3-4 times the market value after 2.5 years, it's good for you.

You don't have to. There was a "small" catch with the sale. It is a forest area within the inner area. The conversion including replacement planting costs about €20,000. And the fact that the plots near Berlin increase significantly every year is no secret.

2020-06-28 08:26:50

You don't have to. There was a "small" catch with the sale. It is a forest area within the inner zone. The conversion including replacement planting costs about 20,000 euros. And that the properties near Berlin increase significantly every year is no secret.

aha so already the first catch

2020-06-28 08:33:07

aha so already the first catch

Was not a catch for us. The plot without trees then cost €80,000. Current value according to land value as of 31.12.2019: €173,880.

2020-06-28 16:51:58

I find that hard to believe. The church has long ceased to be a social organization and can calculate very economically.

If the bank then credits it at 3-4 times the market value after 2.5 years, that’s good for you.

I'll pick up on this

You don't have to. There was a "small" catch with the sale. It is a forest area within the inner area. Conversion including replacement planting costs about €20,000. And it’s no secret that the properties near Berlin increase significantly every year.

I pick up on the keyword "inner area." My targeted plot is also within the inner area. There is no development plan, but the permissible development is based on § 34 of the Federal Building Code (matching the existing structures in the nearby surroundings). On the street, there is everything from single-family houses (2-story) to bungalows and garden sheds. Can I then safely assume that I can build accordingly (the plan is a Bauhaus-style city villa, 2-story)? There are also trees on the property that, according to § 3 of the tree protection statute, are protected and must be permanently preserved. Will one definitely get a felling permit when applying, or how exactly does that work? What exactly does it mean that corresponding areas must be kept free for replacement plantings? Otherwise, the property would no longer be so interesting.

Thanks for your input!

2020-06-28 18:37:16

I'll pick up on that

I'll pick up on the keyword "inner area." My targeted property is also located in the inner area. There is no development plan, but the permissible development is based on § 34 of the Building Code (integration according to the existing structures in the immediate vicinity). In the street, there is everything from single-family houses (2 stories) to bungalows to garden sheds. Can I then safely assume that I can also build accordingly (the plan is a Bauhaus city villa, 2 stories)? There are also trees on the property that are protected and must be permanently preserved according to § 3 of the Tree Protection Ordinance. Will you definitely get a felling permit when applying, or how exactly does that work? What exactly does it mean that corresponding areas must be kept free for replacement planting? Otherwise, the property would no longer be so interesting.

Thanks for your input!

Best to ask the city regarding conversion. In my case, the city/village handles it.

The conversion can only take place with the submission of a building application. So there must be a reason. Here: construction of a single-family house. The conversion is then handled by the forestry office. You must replace as many trees as stand on the converted property. It does not matter how many you have felled.

The conversion price consists of:
- Felling trees
- Replacement planting of trees (for which you must find space yourself through the forestry offices)
- Deposit the same price as in point 2 in case the first trees do not grow
together.

Regards

Similar topics
13.09.2014	Multi-family house: arrangement of residential units, trees, etc.	35
19.01.2018	Clearing and preparation of land	12
12.10.2015	Plot with some special features - various questions	34
18.04.2016	Trees on desired plot, is felling allowed? Seeking advice	10
25.07.2016	Is a 3,000 sqm plot sensible?	44
12.07.2017	Heavily overgrown property - what is the best way to proceed?	22
15.08.2017	Build 1 DH or 2 single-family houses on the plot?	20
23.07.2020	Empty conduits on the property - ideas? - It's not too late yet :)	103
12.06.2019	Properly dividing land for single-family house + duplex	15
24.10.2019	Single-family house (10x8.8 sqm) on 437 sqm plot in Munich	48
25.02.2020	Assessment of property sought - Article 34 redevelopment	11
03.06.2020	8 trees on the property between the power and telephone lines.	31
02.09.2020	Can a single-family house be sensibly planned on this plot?	14
03.03.2021	Single-family house + land (purchase or leasehold) with high interest rates	26
24.11.2022	Floor plan single-family house approx. 300 sqm, plot 780 sqm	24
01.02.2022	Who is responsible for the trees? Neighbor's fence behind the boundary	10
27.06.2022	North-West Facing Plot - Tips	24
17.02.2023	Procedure for constructing a new single-family house on an existing plot	179
18.04.2024	Floor plan design: Single-family house; with basement; 800 sqm plot	10
03.08.2025	South-facing plot 700 sqm, single-family house approx. 150 sqm, any ideas or input?	43

Determination of the "monetary value" of a property in later financing

HilfeHilfe

Ybias78

HilfeHilfe

Ybias78

Emesssss

Ybias78