OWLer
2021-01-13 19:16:51
- #1
Thanks.
The house looks great, it will never go for less than 400k...rightfully so.
Is that so?
I don’t know Schleswig-Holstein or the conditions there at all. Feels like endless land and few people – plus rough weather. However, if I compare that with OWL, I would say that the triangle Bielefeld - Detmold - Gütersloh could be called a "boom" region with high construction/land prices. Of course, only to a certain extent. I wouldn’t even compare that roughly with Münster or even Düsseldorf in NRW.
In the "middle of nowhere" – however, a spa town with BAD attached before the village name – my parents sold their house 3 years ago for 280k. Location is north of the Wiehen Hills. Couldn’t get more. House with basement and finished attic, brick-clad and good layout. Overall in good condition. I would have bought it myself if it weren’t one hour or two hours travel time from our jobs. I thought it was really crazy for our standards here that it couldn’t go higher. In my eyes way too cheap – but apparently that (back then) was really normal there. While new build condominiums were relatively comparable to our prices here.
By the way, Boris at around 100€ in a comparable area up there has a buddy with family who sold several building plots fully developed for 5€ above the standard land value (<5%).
EDIT The plot is according to Boris at 100k... you can easily add 50% on top of that...
That really depends a lot on location. See above.