The author wrote that a standalone bungalow from the 1980s with a full basement and 800 square meters of land had initially been offered for 680,000 euros in his street and remained online for one to two years. The most recent asking price was 500,000 euros. A young family with children would have had to extensively renovate and expand the house, which would have incurred an additional cost of around 300,000 euros. With a total expenditure of 800,000 euros, he believed the purchase was neither market-oriented nor affordable. He therefore told his wife that it was unlikely such a family would move in. A few weeks ago, the house was sold to a childless couple in their early 50s who only wanted to renovate and not remodel. The author suggested that the market for single-family homes is still being supported by such examples, but the trend is clearly heading downward. He also mentioned older individuals or people who had inherited as possible buyers for the house. #Immobilienmarkt #Hausverkauf #Einfamilienhaus (translated)
