Renovating the house - What do you advise me?

Hello,

a value appraisal is certainly a sensible thing. Unfortunately, this appraisal will not include any statements about the renovation costs

Certainly, the possible renovation costs will be listed.

Kind regards

Hello,

...of course, I am also willing to pay for a competent and well-founded assessment. Just casually asked, should I then google for an "architect" in my area, or a "building surveyor"?

There are many ways to Rome

I would first have the valuation report prepared, if it is not already available. This report already provides initial forecasts of possible renovation costs. In the second step, look for a renovation specialist you trust (Google can help here as well, as can the relevant Chamber of Architects, the Homeowners' Protection Association, etc.) and discuss the project with him – he will be able to give you a rough cost estimate. After commissioning, he will obtain the necessary quotes; the decision on who to commission then lies with you again. It is important that he accompanies the project until the completion of the work. The hourly rate of such a building expert is usually between €80 - €100 net, depending on education and title; but you can also negotiate a fixed price with him.

Kind regards

A good architect can already provide real values, that is always worthwhile. A building surveyor usually assesses the current condition of the property. You should also inform yourself about possible [Förderungen]. If you have the opportunity to receive money from the state, you should do so as well.

Regards

I can only agree here as a construction expert. When I create appraisals, I also take into account the renovation costs, after all, it is about profitability. Often I even consider energy-efficient renovation costs so that the financing can at least partially run through KFW and the purchase price is automatically reduced.

You are mistaken, I do have a client and I am also pursuing their goal. Of course, the value is assessed, but then the renovation costs are deducted from it. The point is to buy cheaply, possibly already with [KfW] and so on to push the price down so that the rest can be covered by the affordable energy-efficient renovation programs. Obviously, change requests cannot be deducted unless they correspond to the current status. I still list these separately. As a fee, I use the [HOAI] anyway, so the costs are the same; to be precise, these can then be included and subsidized. If you do it cleverly, I would say it costs nothing but actually saves costs.

Hello,

...a property appraisal is meant to determine the market value of the developed property.

How, in your opinion, is an expert/appraiser supposed to reliably determine this value if they disregard the value-reducing renovation costs (e.g. damp masonry, outdated windows, leaking roof, etc.)?

"Nuhr" sends his regards

Kind regards