kati1337
2022-01-01 17:16:10
- #1
Watch the market where you are: how expensive is a/THIS house in your region. Compare! You can then very well see how the price comes together: plot size, age, living space, location…
Or: your costs including all, also construction costs, development, purchase costs. For a quasi-new build you can use that as a guideline for up to 4-5 years. Then add the market development: e.g. 10-15% surcharge for one to two years currently or similar.
Before that I would consider: the trait greed, meaning to rake in as much as possible, or fair, meaning eye to eye with the potential buyer.
Those are good points to think about, thank you.
I’ve been watching the market for quite a while. The problem I see is that houses like ours rarely appear.
Mostly much older houses (from the 70s to 90s) are offered around here; if they are about our size, they are usually listed around 400-450k.
Now, I find it hard to apply that to us – we don’t have a bathroom in need of renovation, we don’t have an old heating system / old roof, the place here is practically new. Therefore, I’d find 450k too little.
Then I sometimes see semi-detached houses (new) offered, often around 390k – but they are smaller, and the plots are only half the size. But a new semi-detached house, cheaper than a 30-year-old detached house? That does not make sense to me.
It’s similar with newer bungalows. I sometimes see them listed that cheaply, but again smaller and with smaller plots.
That’s why I don’t know where to position myself. I’m going to take a risk and say my rough idea is currently somewhere between 500-570k. But that’s quite a big range. I actually don’t want to go below 500 given the market situation and the features we have.
Or do I have crazy expectations?