Object evaluation – Rough outside-in evaluation possible?

We still really like the basic layout of the house. The floor plan already suggested that.
We find the location, surroundings, and infrastructure to be very good.

Exclusively for this reason, I agree with the proposal

Since that conflicts with the condition, offer the realtor 420K€, with exactly this description of the projects to be carried out.
If the seller does not find another buyer, it is a chance for you

here. However, I would also set an appropriate deadline for this offer (one month, max. six weeks until the end of February) – non-binding, of course, since it is still uncertain whether the bank will agree as well.

Since the condition contradicts itself, offer the broker 420K€, with exactly this description of the projects to be carried out.

I would find that rude. The 420k only corresponds to the land value (if at all). Such a cheeky offer goes straight into the recycle bin – you can save yourself the effort.

I would find that outrageous. The 420k corresponds only to the land value (if at all).

How did you calculate the land value? Fully as building land – or the overdeep portion as garden land?

Such a cheeky offer goes straight into the round file – you can save yourself the effort.

Why is that? Why not just acknowledge it and wait to see if someone else offers more?

How did you calculate the land value? Completely as building land - or the excessive depth portion as garden land?

Roughly estimated - you only get the exact land value for money - based on building land and garden land. With the full value as building land, the land value would be significantly higher. But as mentioned, the corresponding data is not publicly accessible. The standard land value usually comes with a description. For example, for plot depth 40m or similar. Then you could calculate more precisely.

Yes, that is just difficult. If I use the price of 380 EUR (for plots between 1000 and 2000 sqm in Kühbach) given on a website for land reference values and apply half of the plot only at half price due to pure garden use, I arrive at: 380 × 700 + (190 × 700) = 399,000.

Roughly estimated, so about 400K for the land, 390K for the house. With an offer of 420K, I would also feel a bit strange.

However, granting a considerable discount on the house due to the necessary work seems justifiable to me. Whether it is fair to set 150K, 200K or another amount given the stated age & condition is beyond my ability to judge.

I will just try it and tell the agent a deduction of 200K due to the necessary work. ...even though we are not really convinced about moving into a construction site. You learn by trying.

If I use the price given on a website for standard land values of 380 EUR (for plots between 1000 and 2000 sqm in Kühbach) and value half of the plot only half because it is used purely as a garden, I come to: 380 × 700 + (190 × 700) = 399000.

With just over 1,400 sqm of land, you have at least 800 sqm as building land. If the plots in the area are all larger, 1,000-1,200 sqm are also often assumed as building land (usually plot width and 40 m depth as a description of the standard land value or 800 sqm as a minimum assumption). You will definitely not get below 450k in the valuation.