Standard land value and hillside property

  • Erstellt am 2017-04-09 20:25:48

30156030

2017-04-09 22:47:13
  • #1
Thank you very much for the helpful answers. Really great!

The rear parcel will probably not be building land, as some have already explained here. To the south of the property there is - as mentioned - only forest.

The house itself was originally a single-family house and was converted into a two-family house.
It was built in the 1950s and an extension was added in 1985. What value do you use for the calculation in this case? Is there a formula for that? Like taking the average, for example?
 

toxicmolotof

2017-04-09 23:17:59
  • #2
Well, Dirk, for us it was a 7% discount because the plot with 750sqm was significantly larger than the 300sqm assumed as standard.

At 230TEUR, which "costs" our plot, that would be 16TEUR. Whether you should neglect a well-equipped compact car... well, I don't know. And regarding the 60 euros, just look at what garden land is going for in metropolitan areas. But I don't need to tell you that.

If the sqm costs 300 euros, garden land for 60 euros is not unrealistic, so why shouldn't 20 euros fit with 100 euros? Of course, in the deepest Eifel you don't get garden land for 50 euros when building land costs only 30 euros. But an expert should actually be able to manage that.

As for the rest, you'll probably be right.
 

DG

2017-04-10 01:16:13
  • #3


I hope not. Because that makes no sense.



It is the same here, I just suspect that the OP cannot extract the corresponding numbers/values from the system because he does not know how to do it.



Of course it is possible. There is for example the concept of so-called "wasteland," which is usually valued at zero. Or the symbolic valuation resp. the purchase price of entire street areas for 1€.



If the area is suitable, yes.

Best regards
Dirk Grafe
 

DG

2017-04-10 01:54:20
  • #4


Yes, the expert report should describe both building parts and the respective building fabric. The remaining useful life will probably result in an overall value. Theoretically, you can also value both parts separately, but I don't think that makes sense.



We are talking about land benchmark values. In times when it is not unusual in many places to demand and actually pay double the land benchmark value without batting an eye, a 7% discount due to size is negligible. Although honestly, that sounds strange for you – if 300 sqm is standard, then there is usually no discount for 750 sqm. Such discounts are more common in regions where a plot averages over 1000 sqm.



I think you are confusing something there. Or your plot has local peculiarities that justify the discount related to your individual plot. You would have to look at it in detail, but in an area where the square meter costs about 300 EUR, a 750 sqm plot is simply a double plot. If fully buildable, that does not justify a discount.



Sure – but there the square meter of building land also doesn't cost 110 EUR.



For the reasons described before. In addition, you contradict yourself. In areas where the BRW is at 300 €/sqm, garden land is in demand and can – if you get 50–100 sqm garden land from the neighbor – also improve the buildability of your own 300 sqm, e.g. for an extension; so it has partly building land value, even if only conditionally.

In the present case, there is a plot with 700 sqm that is buildable and additionally 900 sqm that does not improve the buildability of the 700 sqm area.

Last but not least: we are currently handling a case where the BRW is about 90 € and garden land is actually traded at about 10–20 €. That fits too, but that is locally a different situation than with the original poster.



Again: if the garden land south of the 700 sqm still had a value above the forestry/agricultural area, that would be visible in the BRW map. The map is created by the appraisal committee and updated annually. The red line together with the assessment that no further land benchmark zone was entered in the southern area of the line is the result of continuous professional evaluation.

If the southern 900 sqm area should be valued at +10 €, then the expert report should provide a very good justification for that.

Best regards Dirk Grafe
 

Egon12

2017-04-12 12:06:25
  • #5

that is not quite correct for NRW, since the municipalities carry out the valuation for all properties and have introduced double-entry accounting, a valuation is conducted in the context of a parcel exchange (e.g. new construction of intersection structures)... the purpose is debatable

The only areas that actually have no market value are water bodies of the federal waterways
 

DG

2017-04-12 12:29:00
  • #6
That is of course correct, because when determining the value based on specific parcels of land, total values of the parcels are determined. If the parcel is 10,000m² in size but the total value is 1€, then the price per m² is logically ... zero.

It looks strange, but that's how it is.

Ultimately also necessarily logical - for an industrial sector with soil contamination, only the tooth fairy will pay you more than 1€, no one else.

Best regards
Dirk Grafe
 

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