Renovation needs for a house built in 1939: How much will the renovation approximately cost?

  • Erstellt am 2025-08-06 10:27:05

ypg

2025-08-06 11:48:58
  • #1
Don’t give up right away. Maybe the ultimate affordable advice for this property will still come. But with this amount, it’s really worth checking in parallel whether some things that seem expensive at first glance might actually be found more reasonably for the same invested money. You don’t have that much time with three children plus work. And you don’t want a permanent construction site for expensive money. But beware: the numbers in the exposés can be misleading and often do not reflect all the costs that arise. Especially new buildings should be checked for additional costs and expensive ancillary construction costs.
 

11ant

2025-08-06 15:17:11
  • #2
I cannot identify the house in the aerial photo, the exterior shots are too sparse, and the construction style "massiv" is not really recognizable. The traced floor plans are not suitable as a basis for valuable input. "To appeal to a skilled buyer" is realtor speak for "this house is looking for a qualified laborer as a new owner," because despite the well-maintained surface, practically everything needs to be addressed. It is absolutely unsuitable for DIY wallpaperers. Good luck with the further search!
 

nordanney

2025-08-06 15:26:06
  • #3
Calculate the land value and see how much of the purchase price remains for the house. Then you have an estimate of how much also needs to be renovated.

Spoiler: a negative value means that the purchase price equals the land value minus demolition costs…
 

wpic

2025-08-06 15:43:49
  • #4
The attic was very likely converted without a building permit - the classic case in Germany. A "space-saving staircase" is not a legally required staircase with a minimum clear width of 80cm (=90-100cm clear stair width) and probably cannot be installed in this location either. Then the second emergency exit is also likely missing, etc.

In short: before you continue to be interested in this property, you should carry out a property purchase consultation with an architect, during which this and a multitude of other points are examined in detail. Ask to see the original building permit documents for the property (file number + green stamp). If these are missing, only partially available, and cannot be viewed in the district building authority's archive, the property has at least one problem.
 

PankowPlant

2025-08-07 08:19:00
  • #5

Yes, the purchase price is the land value minus demolition costs :D. Thanks for the hint.

Thanks, the attic thing is probably true. With this project, there are simply too many contingencies and uncertainties/problems for us, which we neither want to handle in terms of time nor finances, and eventually probably won’t be able to anymore. There is surely another property that fits us better.
Many thanks for your great advice. We will now start the "Barthel Strategy" and go through our neighborhood, make our wish for a home/plot public among friends and acquaintances, and check with the local realtors.
 

nordanney

2025-08-07 08:51:58
  • #6
Then it should be clear that a renovation calls for the same price as a new build. With the disadvantage that you have to use the old building and possibly have ceiling heights or other "old building problems." In short: this is actually a demolition object and a renovation is not economically sensible. You're welcome and good luck!
 

Similar topics
27.02.2015Is property financing feasible?56
18.03.2015Buying property feasible - Loan with building savings as equity?12
14.07.2020Beginnings of a possible property | Questions about the building savings contract72
26.10.2015Have the house inspected by a professional / expert?12
24.01.2017Homestaging - Staging of a Property44
15.04.2016Costs for extension and partial modernization of existing property32
03.09.2016Own property right from the start? A beginner needs straight talk...44
21.03.2018Consideration and feasibility of buying or constructing a property15
24.04.2020How do brokers negotiate the purchase price?43
18.04.2019Buy a second property - on existing mortgage25
01.11.2019Buying property - How to proceed? Realtor, bank, owner?15
18.07.2020Desire for joint property - currently separated95
01.08.2020How expensive can the property be?110
24.10.2020Baukindergeld - Does it no longer have to be the first property ever acquired?22
05.02.2021Is renovating old buildings worthwhile?42
02.07.2021Should we buy an overpriced property?63
16.02.2024Property in good condition financable?90
22.12.2024Old building - Purchase and renovation with KfW16
06.10.2024Property with building after inheritance11
18.01.2025Financing - Renovation of old stock with high costs: Realistic?47

Oben