South
2020-07-27 21:23:51
- #1
Hello,
I wanted to give a small, ongoing report on our farmstead renovation. Basically a little diary for us – with perhaps some added value for others with similar projects. Our budget: 340 TEUR including everything, plus ongoing salary-paid expenses, for: modernization of the attic, renovation of the ground floor with a total of around 190 m² of living space.
I’ll start best from the beginning:
We searched a long time for a suitable plot for us, there are also one or two entries about this in the forum. Unfortunately, plots are rare even here, the old new development areas are sold out except for the very undesirable plots, the “new” new development area, which should have come on the market 1.5 years ago, is still waiting. The city can’t agree on any developer […]
A great plot we wanted to buy unfortunately went to a competitor. Then our wish list changed additionally: we now wanted two plots next to each other (or one large one that can be divided): one for my parents, one for us. We hoped for some advantages if grandma and grandpa later live next door. Furthermore, we could better assist them in old age. The new development area kept being delayed. My mom’s and sister’s horses fell ill with lead poisoning at the current stable, my mom wanted to bring the horses to her place. Ergo, we were now looking for a large plot in the outskirts, either very close to a horse farm or preferably with permission to build a stable. Ha! If only it were that simple...
Although we actually experienced a fairly humane approach by public law thanks to good contacts with the building authority and mayor through my parents (it may also be that it had nothing to do with the contacts), nothing really fitted. Ultimately, I expanded my search to farmsteads that according to the floorplan were suitable for dividing into two residential units or, best case, were already divided. That also took time. Sometimes we hesitated too long. I come from the real estate industry and found it difficult to commit to a property without a building surveyor (technical due diligence, as we would say) immediately.
Then came our current farmstead, it fit: just under 400 m² living space on paper, in reality I believe a bit less, just under 6,200 m² plot, small stable/shed in the outdoor area, carport for 5 cars, division into two theoretical semi-detached houses possible or partly already done, DSL 200 possible (! – rare in the outskirts here), well-developed road. What was missing and still is is pasture/land for the horses. What didn’t fully meet the wishes is the country road running along the property with a permitted speed of 100 km/h and a crow armada. But – we liked the house at first sight, it had that certain something. My mom immediately agreed. No negotiating on the purchase price, which hurt our wallet, but that way no one else saw the house and the risk of wild bargaining was eliminated. That actually happens here nowadays, especially when wealthy people from the south look for a holiday residence on the Baltic Sea coast.
To Dos:
Subdivision of the floorplan into two semi-detached houses
Clarify who gets the already fully renovated semi-detached house and who still has to renovate
Division of the purchase price, incidental costs
Pasture
Outdoor facilities etc.
TBC
Fun fact: In hindsight we found out that my husband’s hairdresser used to live here with her parents. Our village is small.
I wanted to give a small, ongoing report on our farmstead renovation. Basically a little diary for us – with perhaps some added value for others with similar projects. Our budget: 340 TEUR including everything, plus ongoing salary-paid expenses, for: modernization of the attic, renovation of the ground floor with a total of around 190 m² of living space.
I’ll start best from the beginning:
We searched a long time for a suitable plot for us, there are also one or two entries about this in the forum. Unfortunately, plots are rare even here, the old new development areas are sold out except for the very undesirable plots, the “new” new development area, which should have come on the market 1.5 years ago, is still waiting. The city can’t agree on any developer […]
A great plot we wanted to buy unfortunately went to a competitor. Then our wish list changed additionally: we now wanted two plots next to each other (or one large one that can be divided): one for my parents, one for us. We hoped for some advantages if grandma and grandpa later live next door. Furthermore, we could better assist them in old age. The new development area kept being delayed. My mom’s and sister’s horses fell ill with lead poisoning at the current stable, my mom wanted to bring the horses to her place. Ergo, we were now looking for a large plot in the outskirts, either very close to a horse farm or preferably with permission to build a stable. Ha! If only it were that simple...
Although we actually experienced a fairly humane approach by public law thanks to good contacts with the building authority and mayor through my parents (it may also be that it had nothing to do with the contacts), nothing really fitted. Ultimately, I expanded my search to farmsteads that according to the floorplan were suitable for dividing into two residential units or, best case, were already divided. That also took time. Sometimes we hesitated too long. I come from the real estate industry and found it difficult to commit to a property without a building surveyor (technical due diligence, as we would say) immediately.
Then came our current farmstead, it fit: just under 400 m² living space on paper, in reality I believe a bit less, just under 6,200 m² plot, small stable/shed in the outdoor area, carport for 5 cars, division into two theoretical semi-detached houses possible or partly already done, DSL 200 possible (! – rare in the outskirts here), well-developed road. What was missing and still is is pasture/land for the horses. What didn’t fully meet the wishes is the country road running along the property with a permitted speed of 100 km/h and a crow armada. But – we liked the house at first sight, it had that certain something. My mom immediately agreed. No negotiating on the purchase price, which hurt our wallet, but that way no one else saw the house and the risk of wild bargaining was eliminated. That actually happens here nowadays, especially when wealthy people from the south look for a holiday residence on the Baltic Sea coast.
To Dos:
Subdivision of the floorplan into two semi-detached houses
Clarify who gets the already fully renovated semi-detached house and who still has to renovate
Division of the purchase price, incidental costs
Pasture
Outdoor facilities etc.
TBC
Fun fact: In hindsight we found out that my husband’s hairdresser used to live here with her parents. Our village is small.