Single-family house from 1987. Evaluation of the price and the "necessary" work

I'm not sure how to rate that :)

Well, for some it will be associated with a lot of effort to modernize the house according to their needs. Others no longer receive money from the bank. Perhaps the house is too expensive for your area (I no longer remember what was communicated on the last pages). I hope you don't lose sight of other, possibly much more reasonable properties, which are listed on Immonet and the like? For example, the semi-detached house, 10 years younger and rather more modern.

I am registered on all portals with a search request. So I get every new listing with it :) I also saw the semi-detached house you mentioned. Much too small a plot. Not remotely the location like the single-family house.

With "more modern," it's a tricky thing. Of course, the equipment there is more modern than in the single-family house. But not so modern that you could just leave it like that :) So everything would have to be gutted and redone here too. And we don't want a semi-detached house anyway :)

I understand your "objection" ;) But I find that, especially these two properties, you absolutely cannot compare. A single-family house with 540 m² and a semi-detached house with 200 m² -> price difference 40,000€ - just the plot alone is easily worth over 80,000€ more (standard land value single-family house 340€) the semi-detached house should be around 250-290€. I can't limit the location 100% to the street

But thanks for your feedback ;)

Price difference €40,000

I am €70,000 less ;)

But I think these two properties simply cannot be compared at all.

Exactly. That's why you shouldn't do it.

Here, or rather in the 10 years difference, there are worlds apart.

The plot alone is easily worth over €80,000 more

So the house is comparatively much cheaper, since the price difference almost entirely relates to the land?!

I don’t generally depreciate older houses. I had one myself.
But here you get "more house." The values themselves are better in terms of consumption. Plus 10 sqm more living space. 10 years younger.

I just wanted to point that out. Often you no longer see the rest when you have fixated on something.

I am at 70,000€ less ;)

OH :) My mistake, I had read 499.. of course you are right :) the difference is then indeed bigger.. but nevertheless I don't like this semi-detached house :) hehe

How did the appointment with the owners go?

the appointment went semi well :)

so right before us there was another couple. There are still interested parties (whether potential buyers, no idea)
But the price will probably be adjusted by a maximum of €10,000. However, we don’t want to gamble and hope that the agent "bluffs". The house was basically already sold (that’s why the listing was deactivated at the time) The notary appointment was already set. But a day before it was canceled due to financing not being secured)

Otherwise, it came out that there is a programmable underfloor heating installed on the ground floor. But it’s not mentioned in the listing.
Regarding consumption, the nice owners couldn’t say much. For them, it was normal :)
Underfloor heating runs almost constantly. Every room is always heated to 21°, etc.

We were again enthusiastic about the house and can imagine everything very well there. That’s why we have now set everything in motion to buy the house. The bank’s written "preliminary" approval is available and was sent to the agent yesterday. Agent and bank are now supposed to communicate regarding the further procedure. We need about 2 weeks of processing time for the bank, due to mortgage swap etc. That takes a bit. The agent is supposed to "reserve" the house for us during this period.
In this context, there will be another conversation with the owners about concessions (the above-mentioned €10k). If nothing comes of it, that’s a pity, but the house will be bought anyway. The location, the land value, the (for us) fantastic plot with the "forecourt", etc., are simply too good for us to miss the chance to get such a great house with the property.

Heart also plays a big role here. I’ve said it many times already. This is the perfect location for us. Especially for the daughter. I grew up there. Family lives in the immediate vicinity. Kindergarten within walking distance. Primary school and secondary schools also within walking distance, etc.

I’m also in contact with an energy consultant regarding energy-efficient renovation in parallel. What exactly should or must be done.

But I have also spoken with many other acquaintances, including acquaintances living in this "settlement". The general tenor: new roof? Why? Everything is in top condition. The old Frankfurt tile lasts 60-70 years (storm damage, of course, excluded)
If the energy consultant (who is also a master roofer) confirms this as well, I will leave the roof as it is and take care of it in 25 years.
The plan is therefore to fully equip the entire south side with photovoltaics. After 20-25 years, the roof and photovoltaics can be renewed.
Possibly solar thermal (currently still subsidized by 25%) to support the gas heating. Although the general opinion here is photovoltaic or nothing?! :)

The basement ceiling will be insulated. New front door, conservatory new - that one is done. All windows also new. Fireplace, will see to what extent it can be made water-bearing. That is supposed to bring a lot too.

Yeah. Plus all the modernizations. New bathrooms. New floors, paint walls, pull some cables, new kitchen, new garage door, etc.

That’s the plan :)