Object evaluation – Rough outside-in evaluation possible?

The standard land value is probably around +/- 350€/sqm. So, given divisibility, the first half million for the land is gone and 290k remain for the house. I don't find that excessively high for something that looks reasonable and is already operated with a heat pump. P.S. What about the issue of odor from pig farming? Does that concern you there?

Does that mean you would actually value the land at about 1 million if divisible and buildable? We'll find out how it smells on Saturday. How do you come to that? Is there something known nearby?

With all due respect, anyone who looks at a sushi menu in Germany will be confronted with similar terms.

As a non-hipster, I avoid some places, that is also part of the market economy.

I am happy about your feedback on the object.

Unfortunately without an ID of the advertisement (?)

Unfortunately without the ID of the listing (?)

I found it: 156119728

Proeter was so kind - thanks again

Even if a division is possible, in my eyes the location of the property is unfortunate for a division.

You tend to underestimate, dear chrilomy... the shape of the property makes a division extremely difficult in my view, because a lot of space was wasted at the front due to the trapezoidal shape. You also want to have a little bit of garden once the division is done...

Does that mean you would actually value the property at around 1 million if it is partially developable?

No, half a million. It's 1,400 sqm.

We will find out how it smells on Saturday. Why do you think that? Is there something known nearby?

In the nearby new development area, the legal limit values are exceeded.
So you have absolutely no idea about the location? What about infrastructure, street noise, shopping, schools, etc.?

P.S. Plot shape not considered. If division is pointless, then rather 800 sqm at full standard land value and the rest as garden land/backland and paragraph 50% standard land value

P.S.2: In the end, the house is worth exactly what someone is willing to pay for it

You tend to underestimate, dear chrilomy... the shape of the plot makes a division extremely difficult from my point of view, as a lot of space is wasted in the front due to the trapezoid shape. You do want to have a little garden as well once the division is done...

Yes, unfortunately exactly my fear. Thanks for your assessment

No, half a million. It’s 1,400 sqm after all.

The legal limits are exceeded in the nearby new development area.
So you have absolutely no idea about the location? What about infrastructure, road noise, shopping, schools, etc.?

P.S. Plot shape not considered. If division is pointless, then rather 800 sqm with full standard land value and the rest as garden land/backland and paragraph 50% standard land value

Right, I had a thinking error.
If I accept, for example, the suggested deduction due to the limitation from the shape, I only get 385k for the plot.
That leaves 405k for the house (approx. 2000€/sqm). Is that fair given the mentioned age and condition?

P.S.2: In the end, the house is worth exactly what someone is willing to pay for it

That is true, only if our willingness is far from other market participants (too high), we have probably made a bad deal.

Of course, we have evaluated the location and found it good for us. We hadn’t considered the air/pig issue. Thanks for that.
Where do you look up such data?

On-site assessment of the property and surroundings will follow on Saturday