Newly built - build again right now?

Last but not least, when it comes to prices, the question is why not build yourself. The perfect used property simply doesn’t exist; what speaks in its favor is the price and possibly the availability (apart from those rental constructions that are often outlined here).

Have you ever looked for a building plot in the south (BW)? I don’t know how things currently are in Bavaria, but from what I’ve heard, the market situation is similar.
I’ve been looking for all kinds of real estate for over a year now, just to possibly avoid the extra costs of new construction.

But what is currently available to buy is really a bad joke. At the beginning of the year, I found a really great, top-renovated house, built in 1980, in a village of 1,700 inhabitants, where it’s a 20-minute drive to the highway; the place didn’t even have a supermarket or any other infrastructure.
The bank told me the house was worth about 430k.
It went for just under 600k.
Other like-new houses were on Immoscout for a maximum of one week.
The day before yesterday we looked at a house for fun, it had been on Immoscout for one day...
I could go on like this forever.

And the situation for building plots looks even bleaker.

I can only approach this with my rational mind. If someone buys a 200k plot of land and pays 13k in property transfer tax on it, and the next person wants to buy the whole thing for 600k, they pay 39k in property transfer tax. In total, there is a delta of 52k euros here, which have no equivalent value – simply gone – and would have to be reflected somewhere in the purchase price. Notary fees as well as the registration of the land charge are similar. In total, you quickly end up with 70-80k euros that are not reflected in the value of the property but have to come from somewhere. Then there are the aspects regarding the [Ausstattung] and so on.

I can only approach it with my rational mind.

... which, as your predecessor explained, is currently not playing along in the real estate market

Sure, but you forget supply and demand. Truly move-in ready properties, with interior fittings comparable to a new build, are priced here from around 500-600k. Everything below that sells like hotcakes. Only from about 700k does demand start to slow down again.

Many also buy from the developer and then also have the additional costs described by Alex85. I would set the minimum selling price as: land + construction costs according to the construction contract + house connections + civil engineering costs. Painting work, floor coverings, as well as the additional interior fittings (kitchen!) can probably be written off, or only partially recovered with luck.

I witnessed it live. I listed a building plot on Immoscout, relatively good location for just under 150k. People kept outbidding each other to the point that I thought they must be crazy to be throwing money around like that.