Real estate bubble | Lukinski

Wiesbaden-Schierstein real estate market: Renovate or store?

Laura — Sat, 05 Oct 2019 10:08:10 +0000

“Riviera on the Rhine” or “Gateway to the Rheingau”: Wiesbaden-Schierstein has a great reputation for sophisticated living! The desire to own residential property there is correspondingly great – to use it yourself or to rent it out. Selling your own property in Wiesbaden-Schierstein should therefore not be a problem. However, if you enter the hot real estate market as a beginner, you can very quickly suffer shipwreck. Especially if the object for sale is not a new building. “To renovate or not” is one of the questions here. “Homestaging” can also be a consideration. Who should, who can know about the home sale? What is the right balance between action and discretion? Here are the most important tips from the expert.

House sale and discretion – two worlds meet?

Selling a house without making it public – how is that supposed to work? A“discreet broker” knows how to bring the two worlds together. In most cases, maximum discretion also has positive effects on the sales price and the speed with which a property changes hands.

How does a Diskret broker work?

Discreet realtors from Lukinski sell your house with absolute discretion
Lukinski’s discreet brokers do without the usual Internet portals for real estate offers
Diskret-Makler vonLukinski have an extensive prospective customer file
Lukinski’s discreet brokers often ensure a quicker sale of your property.
Discreet brokers from Lukinski sell real estate of all types and sizes
Lukinski’s discreet brokers work even if the seller lives abroad

In the international real estate market, this way of working has long been known and appreciated as a “secret sale”. Sebastian Mathias is one of the few regional estate agents to work with Lukinski as a discreet broker. And this without renouncing the classic virtues of a serious and customer-oriented broker.

Home staging or renovating – what’s the difference?

One thing is quite certain: a top renovated apartment achieves a higher sales price than a property with a renovation backlog. On average, properties with “upmarket fittings” are around 17% more expensive than properties in the same location and size with “normal fittings”. In contrast, apartments with “simple fittings” are a good 14% lower in price than those with “normal fittings”. At least that’s what renowned real estate experts, including Lukinski, say.

This already makes it clear that renovations are not just about painting walls and cleaning windows. Renovations concern basic features of your property such as heating, flooring, electrical installations, windows in general, etc. Before selling your property and possible renovations, everyone should first estimate the costs! Because it usually takes a lot of money to turn a “simple” property into an “upscale” one. More money than can later be achieved through the added value in the sales price. In many cases “homestaging” can be an alternative.

Germans are on the renovation trip

You can find more statistics at Statista

“Simple” – “normal” – “upscale”: What condition is your property in?

Here are briefly some characteristics about the condition of a property:

Upmarket furnishings are understood to mean that the apartment meets the latest requirements of contemporary living. There is a bathroom as well as central heating, double windows, carpet or parquet flooring. The supply lines are under plaster. In addition, the apartment has a good layout.
With a normal equipment bathroom and/or kitchen are tiled. The supply lines are mainly under plaster and there are double windows at least on the wind side. The apartment should have a good usable cut.
An apartment with simple furnishings does not have central heating. Also the flooring could be missing, so it has no carpet, no parquet. Instead of double windows there are single windows, and the kitchen and bathroom are without tiles. The supply and electrical lines are mainly on the plaster. Furthermore, the layout of the apartment is not optimal.

Our tip: Before you take action, take a close look at the surroundings or the location in Wiesbaden-Schierstein. Does your apartment fit into the surroundings? What demands do the people in the immediate vicinity have?

As a rule, it makes little sense to create a “luxury palace” in an environment with many simple apartments. There would be no buyer for it in a rather simpler residential environment.

Your property as a stage – home staging as an alternative to renovation

What began in the 1970s in the USA has long since made its way to Germany: the staging of the interior of a property for the purpose of a successful sale – in short: home staging. And the apartment or house doesn’t even have to be empty! This effective sales tool can also be used for occupied properties.

With the help of light, floral elements and usually very simple furniture, empty properties can be quickly and easily transformed into comfortable living spaces. It is important that furniture and other furnishings correspond to the majority taste. This way, most people, who usually also make up the majority of prospective buyers, can find themselves in the rooms.

Home staging in inhabited properties is somewhat more complex. Here Lukinski recommends to let as little individuality as possible become visible. In plain language: Exotic travel souvenirs from all over the world have just as little to lose in home staging as particularly fancy designer pieces among the furniture. Private apartments are often too “full” with inventory. Here – at least for the period of photos for the exposé or the viewing – reduction to the essentials is the order of the day.

But before the whole apartment is turned upside down, let Lukinski advise you on this as well. Because a trend is emerging: home staging is becoming increasingly popular!

Selling price: The condition of the property is what counts

Basically, a good and well-kept overall impression of the house and property ensures a good sales price. A good estate agent will give tips on this before an exposé is prepared.

Here are the most important tips from Lukinski:

If the house has a garden, it should be maintained according to conventional standards
Avoid squeaky garden gates
Corridors/staircases should be cleaned
Ventilate living areas well
If necessary and possible, provide fresh paint inside
Worn out floors should be replaced, or covered up

Real estate prices in general: Is there a bubble bursting?

Real estate in Wiesbaden-Schiersteincontinues to achieve top prices! After all, the proportion of detached houses in the district is not particularly high. However, apartment buildings are also sought-after properties in Wiesbaden-Schierstein. In terms of quality of life and recreational value, Schierstein is at the very top of the scale of popular districts in Wiesbaden. Due to the lack of space, the rate of new construction is also not particularly high.

Supply and demand regulate prices. An end to the upward trend is currently still not in sight. But the price increase curve is flattening out and the first experts are warning of a “bursting real estate bubble”. The risks for real estate prices include above all the economic development in the country. And there the “fat years” are probably over for the time being. The high price level for real estate is currently still being maintained by the very low interest rate level.

House sale in times of Corona

It is still too early to name the effects of the Corona crisis on the real estate market. Currently, there are two different positions among real estate experts. Some say that real estate as “concrete gold” still retains its value and continues to increase in value, especially in locations such as Wiesbaden and the surrounding area.

On the other hand, it is said that the value of a property also depends very much on the disposable income of potential buyers. If this income falls, for example against the background of the current crisis, then the demand for real estate falls – and with it the prices. Anyone who wants to be on the safe side should therefore implement their sales plans now.

Conclusion: Now are the times good for selling a house

Whether renovated or not: Basically, the times for the sale of your property in Wiesbaden-Schierstein are currently still favourable. At least in terms of the selling prices that can be achieved. If the economic conditions in Germany worsen, however, a decline in prospective buyers can be expected in the longer term. That means then sometime also falling prices. An initial valuation of your property in Wiesbaden-Schierstein is always non-binding and free of charge with reputable estate agents. Which time is the right one for your house sale, of course, only you decide in the end.

Winter garden to increase the value of a property

Laura — Fri, 13 Sep 2019 10:08:07 +0000

Conservatory – The conservatory is usually an extension to a building which is largely made of glass. When constructed correctly, it can have an increasing effect on the value of a property. This is because a correctly constructed conservatory uses the glass house effect, which means that there is no need to use conventional heating techniques. However, if a conservatory is not properly insulated, a lot of energy can escape through it and be unusable when the sun is strong. In order to be able to calculate possible additional costs, one should inform oneself absolutely before the purchase of a real estate with associated winter garden exactly.

Conservatory at a glance: Glass house effect through correct construction

Extension to a building or an independent structure
Consists mainly of glass and can therefore use the glass house effect instead of conventional heating techniques if constructed correctly.
Can therefore increase the value of a property if properly constructed
However, if it is not designed correctly, a lot of energy can escape through it and is not usable in strong sunlight, which can result in additional costs.
Best before the purchase of a real estate with winter garden exactly inform, in order to be able to calculate possibly resulting additional costs with.
Possible combinations with light, interior and upgrading with fireplace

Back to the wiki: Real Estate

Winter garden in the evening: Cosy indoor area

Winter garden in the evening: View from the property

10 mistakes when building a winter garden

Top 7 Interior Design Shops in Cologne

Laura — Wed, 31 Jul 2019 13:04:39 +0000

Interior Design in Cologne – The interior design is probably one of the most important elements in interior design. The small details give the room that certain something and bring a personal touch to the room. To make your own four walls even more beautiful, we have selected the best interior design locations in Düsseldorf for you. Back to overview: Real Estate Cologne.

Sostrene Grene – Scandinavian design in a family business

Sostrene Grene offers special Scandinavian design. This especially in the areas of decoration, stationery and small pieces of furniture. The family business from Scandinavia pays special attention to the ecological footprint of the company and the impact on the environment in addition to the highest quality and design.

Aachener Str. 1253, 50858 Cologne

https://www.instagram.com/p/BzUrXexJmJW/

Bolia – minimalist Scandinavian design

Bolia combines several designers in one brand and creates not only beautiful home accessories, but also unique and minimalist furniture pieces. Bolia invites you to browse in the store as well as online and discover great treasures.

Brückenstraße 2, 50667 Cologne

https://www.instagram.com/p/Bz2S4JDJt76/

Contrast – six floors of inspiration

Kontrast offers your customers living culture with sophistication and variety on six large floors. From furniture to lighting to great accessories, no wish remains unfulfilled here and the space for inspiration is large.

Große Brinkgasse 21-25, 50672 Cologne, Germany

https://www.instagram.com/p/BzptFrtAJ3p/

BoConcept – Danish design in Cologne

At BoConcept you can find Danish design since 1952. The satisfaction of the customers is the top priority here and this is ensured with high-quality materials, Scandinavian designs and always new ideas. In the store in Frankfurt you can find especially special pieces of furniture but also selected accessories.

Hohenstaufenring 44-46, 50674 Cologne, Germany

https://www.instagram.com/p/Bzso4SsF_gk/

Who’s Perfect – Variety, both online and in-store.

At Who’s Perfect there is not only a lot to discover in the online shop, but also in the numerous stores. A large selection and various modern designs distinguish the brand. In addition to furniture, you can also find great home accessories here.

Hohenstaufenring 34-40, 50674 Cologne, Germany

https://www.instagram.com/p/B0BDH6XgTUH/

Butlers – The feel-good moment in your own home

Butlers has dedicated itself entirely to the feel-good moment in your own home. Therefore, you can find everything your heart desires in the area of decoration. But also great gift ideas, stationery or small pieces of furniture can be found here. At Butlers there is something for every taste to enhance your own four walls.

Hohenzollernring 16-18, 50672 Cologne, Germany

https://www.instagram.com/p/B0A5mGrAJ75/

Depot – modern design for all tastes

Depot offers something for every taste. With creative and modern designs, the products from the areas of outdoor, decoration, lighting, furniture and gifts convince and hold something for everyone. Through creatively designed presentation, the stores invite you to stroll and provide space for inspiration.

Neumarkt 8-10, 50667 Cologne

https://www.instagram.com/p/B0DDu_OA99c/

Top 7 Interior Design Shops in Wiesbaden

Laura — Mon, 22 Jul 2019 12:44:00 +0000

Interior Design in Wiesbaden – The interior design is probably one of the most important elements in interior design. The small details give the room that certain something and bring a personal touch to the room. So that you can design your own four walls even more beautiful, we have selected the best interior design shops in Wiesbaden for you.

Sostrene Grene – Scandinavian design in a family business

Kirchgasse 6, 65185 Wiesbaden

https://www.instagram.com/p/Bz4ufxdpi-P/

Midsommer – experience a piece of Scandinavian design in Wiesbaden

Midsommer is a furniture store with the dream to bring the Scandinavian design and the small stylish details to Germany. The store is run by a husband and wife team with passion and enthusiasm and has been for over 10 years. The experience and talent speaks for itself and shows handpicked pieces with the Scandinavian flair in the middle of Wiesbaden.

Ellenbogengasse 9, 65183 Wiesbaden, Germany

https://www.instagram.com/p/BxPOFVoBJpl/

Butlers – The feel-good moment in your own home

Neugasse 26, 65183 Wiesbaden, Germany

https://www.instagram.com/p/Bzi0leBlynH/

Ornamental palace – special parts in a limited edition

The Zierpalast is a small shop to browse and discover. Explore our Lukinski Magazine. Here you can find handpicked decorative elements, tableware, jewellery and paper goods. With a special variety and a penchant for vintage chic, you can find great elements for your own four walls.

Armenruhstraße 22, 65203 Wiesbaden, Germany

https://www.instagram.com/p/ByKyc0WCWG0/

W-Raum – branded furniture and individual pieces

At Wohnraum you will find special brand furniture, modern decorative elements and extraordinary individual pieces from all over the world. With over 15 years of experience, Wohnraum not only offers plenty of service, but also a special eye for interior design.

Moritzstraße 24-26, 65185 Wiesbaden, Germany

https://www.instagram.com/p/BmiUEMdHEkS/

Depot – modern design for all tastes

Marktstraße 4a, 65183 Wiesbaden, Germany

https://www.instagram.com/p/B0AkuYqA_lF/

Nanu Nana – versatile assortment for every taste

The beautiful shops of Nanu Nana enchant with great pieces from the areas of living, decoration, kitchen and gift ideas. Here, everyone will find something to suit their taste with an extensive and varied range.

Kirchgasse 6, 65185 Wiesbaden

https://www.instagram.com/p/BzBZOLOiQO6/

Top 7 Interior Design Shops in Mainz

Laura — Fri, 19 Jul 2019 13:29:10 +0000

Interior Design in Mainz – The right decor pieces make a home perfect. Whether vases, pictures, carpets or plants, the small details bring flair into every home and give every room that certain something. So that your home is also completed with the most beautiful details, we recommend the most beautiful interior design shops in Mainz.

India house – that certain something from Asia

In the India House you can find not only great selected decoration pieces from India, Indonesia and China but also unique pieces of furniture from Asia. In addition to the exotic individual pieces, self-designed furniture and decoration in India style are also sold here.

Rheinallee 205, 55120 Mainz

https://www.instagram.com/p/BzupMBjItdQ/

Toscana – modern and minimalist design of great brands

Toscana represents among others big brands in the field of design, such as Vita but also Ekobo. With modern pieces and an exquisite selection of products, design lovers in particular will find what they are looking for here.

Leichhofstraße 7-9, 55116 Mainz, Germany

https://www.instagram.com/p/Bff643VBOd-/

Fuchs & Bente – Scandinavian design with a special flair

Fuchs & Bente offers beautiful Scandinavian design. Everything about home, decorating, furnishing, designing and unusual designs is covered by this beautiful shop in Mainz. Here you can find great decoration and special furnishings with flair.

Gaustraße 34, 55116 Mainz

https://www.instagram.com/p/Bz0c_uFJLOL/

W-Raum – branded furniture and individual pieces

At Wohnraum you will find special brand furniture, modern decorative elements and extraordinary individual pieces from all over the world. With over 15 years of experience Wohnraum offers not only a lot of service but also a special eye for interior design.

Main Street 17-19, 55120 Mainz

https://www.instagram.com/p/Bnq3_CAHR-z/

Depot – modern design for all tastes

Adolf-Kolping Straße 2-4, 55116 Mainz, Germany

https://www.instagram.com/p/BzyWCZ3iWLk/

Nanu Nana – versatile assortment for every taste

The beautiful shops of Nanu Nana enchant with great pieces from the areas of living, decoration, kitchen and gift ideas. More inspiration: living & interior. Here, everyone will find something to suit their taste with an extensive and varied range.

Bahnhofsplatz 1a, 55116 Mainz

https://www.instagram.com/p/Bz0HSU8iYN3/

Wicky – browse and discover

At Wicky you will find a large assortment again. Many areas are covered here besides decoration items, such as gifts, household, posters or even jewelry. A great store to browse and discover.

Lotharstr. 1, 55116 Mainz