Semi-detached house 2003 with plot: What price is realistic?

but then pay rent and loan? I hardly believe many can manage that. At least a purchase pre-contract would certainly be appropriate - right?
Greetings Bromi

Hello Bromi,

for the current case, one should also agree on a rent. For free, I would really only do that for a few weeks...

It would also have the advantage for the seller that he actually has the necessary liquidity directly for the purchase of his new property and does not need bridging finance.

But so far all castles in the air, as long as no further actions are taken here...
Dear elvsiett, please report what your analyses have shown!

Best regards

I am currently also looking and have learned two "rules of thumb":

1.) Depreciation: commercial real estate investors calculate with a depreciation of 1% to 2% per year. From this, the reserves for future repairs and renovations (heating system, windows, roof, installations, ...) are calculated. For a house previously used only by the first owner, I would set the depreciation at 1.5%, i.e. the house lost about 11% of its value between 2003 and 2011 (in euros of the year 2003). Interestingly, this almost offsets the inflation rate (just under 13% from 2003 to 2010).

2.) Annual cold rent and yield: commercial real estate investors calculate the value of a property by multiplying the annual cold rent by a factor of 10 to 14 for properties in rural areas, 15 to 18 in cities and large cities, and up to 20 in metropolises. For a relatively new house in the Stuttgart suburbs with S-Bahn connection, the factor is probably in the range of 15 to 18. This results in a value of 225,000 to 270,000 euros for a monthly cold rent of, for example, 1250 euros.

As an owner-occupier, one is often willing to pay more. However, one should then not consider the property as an investment, but rather as a "luxury item" to increase quality of life.

Thanks in advance for your answers...
By good connection to Stuttgart, I meant that you can quickly get onto the B29 and be there in 45 minutes—but an S-Bahn line doesn’t come all the way to us.
I’ve been following the prices on the internet ever since I started looking for a house here in the village, and I would say that they could definitely get 260k for it—so in this case, I’d maybe set a good price around 240k, but I’m not sure about that—since I know the house and land prices here, but none of the comparable houses have been sold yet...
I’ll let you know as soon as we agree on a price—it could also be interesting for a later reader of the thread.

Best regards