Land too expensive for the total cost framework?

  • Erstellt am 2019-06-13 17:08:12

nordanney

2019-06-14 07:54:32
  • #1

Experience, based on the absolute price of €120k. Per square meter, everything under €200 is cheap, from €400 it gets expensive - nationwide.

The mentioned €120k is just under 25% share of the total costs. For my last house, the rate was over 1/3 (price per sqm €320), in Munich you usually have over 50% - there it is actually expensive.
 

ghost

2019-06-14 08:53:18
  • #2
It is always a matter of personal reference and fixed point. Here in the South, the prices are accordingly high and for me about €750 to €1k per m². Based on this fixed point, I would personally say: <250 cheap >1000 very expensive In other regions, of course, it looks different.
 

Yosan

2019-06-14 10:44:54
  • #3
So here in the area (Hessen) everything beyond 100€/sqm is expensive and normally more like 40-70€/sqm. We even paid only 34€/sqm. It's always crazy how extreme the differences are depending on the region.
 

nordanney

2019-06-14 10:51:52
  • #4
Then you live quite rurally. Everything heading towards the city (Frankfurt, Wiesbaden, Darmstadt, etc.) has different prices. 34€ per sqm developed? For that price you usually only get the development - or live somewhere in the middle of nowhere.
 

Yosan

2019-06-14 10:54:45
  • #5
We live in the west of central Hesse. Even when you look near Marburg and Gießen, it is considerably more expensive. The 34€ was considered developed in the sense that everything was in the street in front of the property (so not yet ON the property).
 

Scout

2019-06-14 10:59:31
  • #6
Then the municipality must be economically and demographically pretty much on the decline. It probably bought farmland for almost nothing and only added the development costs, then it can resell the land at such a price in the hope of attracting economically potent families and thus either bringing in young new residents or keeping "young old" citizens in the area and thus counteracting its desolation. Suburbs of Gießen or Wiesbaden, for example, certainly do not need something like that.
 

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