Roof truss: individual adaptations made of wood

The roof truss is made of wooden elements. These are adapted in their shape and texture to the structure and size of the house, so that a roof truss is always made individually. The roof truss holds the roof battens, which in turn provide the necessary support for the roof tiles.
The roof truss is one of the safety-relevant elements of every house. The type of construction is one of the factors that determines whether the space under the roof can be used for living purposes. A subsequent change of the roof is often only possible with the involvement of a structural engineer. The construction of the roof truss should be carried out by an experienced specialist company.

Popular questions about the roof:

• Where’s the ridge on the roof?
• What are the eaves on the roof?
• How much does it cost to have a roof redone?

Tile or slate roofing – the choice is yours!

The covering of a roof is done with roof tiles or with slates. Alternatively, roofs are covered with natural thatch. This variant is especially popular for houses in the north of Germany. In Rhineland-Palatinate and Hesse, you will find thatched houses in rural areas that are always for sale.

Simple renovation for roof coverings

In contrast to the roof truss, the roof covering can be renovated more easily. If the roof truss is still intact, the roof tiles are replaced. Here, too, it is important that a professional is commissioned with the work. Roof tiles that are glazed on their surface are popular for new buildings and renovations. These do not easily accumulate moss and are dirt-repellent. In addition, the roof gets a very nice look. Since roofing with the modern and durable tiles is expensive, they have a positive effect on the value of the house.

Further information on the subject of building and selling a house

Here you will find further important information on the subject of building a house and selling a house, as well as tips and advice that you must follow.

Planning and financing: costs, credits, tips

In most cases, the purchase of a property is accompanied by financing. Very few property buyers are in a position to pay cash for their property. Financing for a property usually extends over a period of ten to 30 years. Careful planning is therefore very important. A stable income is one of the essential requirements for secure financing. The income should be secured for the financing period. You must take into account changes in life planning as well as the possibility of loss of earnings due to illness or unemployment. Young couples may want to have children, which also affects income.

• Click here for tips on planning and financing.

What types of houses are there? Real estate guide

You just need a little more space? However, the choices of real estate these days are very large. Especially when buying a property, there are many factors to consider and choosing the right type of house is essential. What house types there are, and what makes each of them, we would like to tell you in this article. Learn about the characteristics and special features of each type of house, and let us show you the advantages and disadvantages. With the help of this guide, it should be easier for you to choose the property that is perfect for you. Get an overview and learn about the world of bungalows, terraced houses and villas!

• Click here for the house types.

Cellar of the house: finishing or storage room

A cellar can be used in many different ways. It can be converted into a living space, guest room or office, or used as a storage room. If the cellar has access to the outside, bicycles or garden tools can be stored in the rooms. Basement rooms must be planned for when building a new house. The costs are high. They run into five figures depending on the size of the basement. A basement can be installed at ground level or partially raised out of the ground. Both construction methods have advantages and disadvantages.

• Click here for the article Cellar of the House.

Garage and carport: architecture, weather resistance, differences

A garage or carport for one or two cars is very popular with homeowners. If a carport or garage is included in the exposé, the interest of potential buyers is greater than if the vehicle is parked on the street or unprotected in front of the house. Installing a carport or garage not only provides greater convenience when using your own home. These additions also have a positive effect on the resale value.

• Click here for the article Garage and Carport.

Outdoor facilities: What you need to consider for the front garden, terrace and garden

Many buyers who want to purchase a house with land attach importance to a beautiful design of the outdoor facilities. If you offer a property for sale with attractive outdoor facilities, experience has shown that you will quickly find interested buyers. If you decide to leave the house sale to a professional partner, you will save a lot of time. You don’t have to worry about contacting possible interested parties and you can go about your work and everyday life.

• Click here for the outdoor facilities article.

Income capitalization approach: how does the calculation work?

The capitalised earnings value method determines the capitalised earnings value of the property and is used to value properties that are expected to generate an economic return. The capitalised earnings value is meaningful when yield considerations are at the forefront in the case of rented properties and commercial properties. Capital investors and investors in particular can use the capitalised earnings value to compare alternative forms of investment. In the case of commercially used or rented properties, the determination of the capitalised earnings value is also the basis for the mortgage lending value of the property.

Market value of the land and the building income value

The capitalised earnings value method divides the property into the market value of the land and the building income value. This includes rental income, maintenance costs and costs for managing the land and building. Accordingly, the rental income less the management costs and the land value including its interest are compared.

Calculation example: Income value – simply calculated with Lukinski

For the calculation of the income value of your property, we assume the following information as an example. This information can then be used to calculate the values of the gross annual amount and the annual net income as well as the operating costs.

• Area: 200 square meters
• Price: 7 euros per square meter
• Operating costs: 25 percent
• Property interest rate: 7 percent
• Land value: 100.000 Euro
• Building damage: 3.000 Euro
• Expiry date: 12,50

Calculation of annual gross amount, annual net income and operating costs

• Annual gross profit = 200 sqm * 7 Euro / sqm * 12 months = 16.800 Euro
• Operating costs = 16,800 euros * 25 percent = 4,200 euros
• Annual net income = 16,800 Euro – 4,200 Euro = 12,600 Euro

So after deducting the costs, 12,600 euros are left over from the annual rental income. The following continues to apply:

• Land value interest = 7 percent * 100,000 euros = 7,000 euros
• Preliminary capitalised earnings value = 12,600 Euro – 7,000 Euro = 5,600 Euro

Calculation: Building income value and capitalised earnings value

For the building income value, the provisional income value is multiplied by a multiplier. The multiplier is a key figure calculated from the property interest rate and the remaining useful life. The longer the remaining useful life of the building, the higher the multiplier. To determine the income value, any structural damage is then deducted from the building income value and the market value of the land is added.

• Building income value = 5,600 Euro * 12.50 (multiplier) = 70,000 Euro
• Earned value = 70,000 euros – 3,000 euros + 7,000 euros = 74,000 euros

Let the professionals do the math

Our team of investors will be happy to draw up yield calculations for your desired property. Prospective buyers can be convinced of good returns. Upon request, we will inform you of the data required for the calculation. After receipt of the documents, we take over the determination of the capitalized value and give you a first estimate of the yield.

Valuation for the sale of real estate

All important information about the valuation of real estate sales summarized for you: Valuing a property.

Material value method: Value for the new construction of a property

The calculation first uses the standard land value to determine the market value of the land, then the real value of the building is added.

The real value of the building is calculated on the basis of the building’s production costs less any reductions for age. The real value of the land (market value of the land) and the real value of the building are added together and multiplied by a real value factor.

Value in kind = (100,000 Euro + 150,000 Euro) * 0.5 = 125,000 Euro

The calculation of the asset value factor is based on the building type, the preliminary asset value and the standard land value. The total tangible asset value determined in this way indicates the financial resources that would be required to rebuild the property.

• Real value method

Comparative value method: Comparison of similar properties

The comparative value method compares your property with similar properties. It is used in particular for the sale of owner-occupied apartments and houses. The comparative value can also be determined for undeveloped land.

Price per square metre of the comparable property = 300,000 Euro / 100 sqm = 3,000 Euro per sqm

Purchase price of the property to be valued = 3,000 Euro * 200 sqm = 600,000 Euro

Only properties in similar locations and with a comparable layout are considered in the comparison. The properties included in the valuation should come from the immediate vicinity of the residential property. The comparative value method is considered to be particularly realistic. It is frequently used to determine the value of properties because the locations are relatively comparable from a regional point of view.

• Comparative value procedure

Value appraisal (costs)

Who prepares appraisals for real estate? What does a house appraiser cost? What does an appraiser for old buildings cost? Unless legal regulations require the appointment of an expert, a real estate appraisal will provide you with a realistic valuation of your property in the regional and national market. We provide timely and accurate valuations of land, residential and commercial properties.

However, if the valuation is to be presented in court, for example in the case of a divorce, experts must be consulted for a fee. The residential or rental property is inspected on site. As a rule, both a written and a digital copy of the appraisal are issued.

• Valuation report

Rent index: The new evaluation 2018

The current rent index evaluation in Germany shows that housing is becoming increasingly expensive. The research company F+B came to a surprising conclusion in its evaluation of 350 cities with municipalities of 20,000 inhabitants or more. High rents make big cities unaffordable for many people, but it is also becoming more expensive in the surrounding areas. According to the new rent index evaluation, Munich is no longer at the top for the first time in 20 years. The fact that the Munich real estate market is overstimulated can also be seen in the fact that prices are rising in the surrounding areas. In the nineties it was already not easy and cheap to find a new dwelling, in the meantime the situation has changed even more drastically by the real estate boom. Affordable housing is almost impossible to find for normal earners in the trendy parts of town.

Munich and Stuttgart booming in the surrounding area

Karlsfeld, a Munich suburb with a population of 22,000 in the Dachau district, is replacing Munich for the first time in over 20 years. Munich is no longer at the top in terms of rent levels. Karlsfeld becomes the most expensive municipality according to the rent index with a net cold rent of 10.62 euros per square metre for a 65 square metre apartment, with average furnishings and in a medium location. Munich follows with 10.45 euros per square metre and Stuttgart with 9.97 euros. Among the 10 most expensive cities were Dachau and Germering, two suburbs from the Munich area. In the Stuttgart area, Leinfelden-Echterdingen, Ditzingen and Ludwigsburg are among the most expensive cities.

Berlin rents relatively cheap, prices are rising in the metropolises

The relatively low rents in Berlin are astonishing. Our Berlin guide: Berlin real estate. In the west of Berlin, the price per square metre is €7.27, in the east €6.58. However, rents are rising in all major cities such as Munich, Berlin, Stuttgart or Hamburg, but auch in the surrounding countryside prices are rising steadily. Purchase prices for real estate are rising even more than rents. For more than nine years now, the rise in real estate prices has continued. Condominiums are in 2018 in Germany on average 8.2 percent more expensive, reports the spring report of the real estate industry. In contrast, it had been 0.3 percent less the year before.

The 10 most expensive cities

Standard local comparative rents 2018 as a percentage of the Germany-wide average; source: F+B Mietspiegelindex 2018. Listed by rank, location and index.

1. Karlsfeld 153
2. Munich 151
3. Stuttgart 144
4. Leinfelden-Echterdingen 144
5. Dachau 139
6. Tübingen 137
7. Germering 137
8. Ditzingen 128
9. Ludwigsburg 128
10. Darmstadt 127

Real Estate News:

Mirror about expensive housing and conversion of parking garages

This week’s Spiegel article “Too few properties: lack of offices drives companies out of big cities” is about too little space for tradespeople. Companies in particular are important for cities and municipalities, as they provide tax revenue. Furthermore, this week’s game is about the current rent index evaluation: “So expensive is housing in Germany”, which we had already looked at in more detail at the beginning. More news from this week:

• Living in Germany: Parking garages become palaces
• Rent index analysis: This is how expensive it is to live in Germany
• Too few properties: Lack of offices drives companies out of big cities

Focus Online on property tax reform and the “Scholz Plan

This week Focus Online takes a special look at political developments in the property market. The environment minister wants stricter specifications: One million households are threatened with expensive conversion of chimneys and flues. And it is about state support: a reformed housing premium helps more than the Baukindergeld. More news from Focus Online:

• The most important answers to the reform: Scholz plan for new property tax: Who now has to pay more rent
• Environment minister wants stricter regulations: One million households threatened with expensive conversion of chimneys and flues
• State subsidies: A reformed housing subsidy helps more than the building subsidy for children

Property tax reform? Simply explained with land value model

New houses are assessed with a much higher property tax than old houses, although the properties are worth the same. That that is unfair has now also determined the Federal Constitutional Court and will process this until the end of next year. Here is an article about the current situation and which models are negotiated:

IM Immobilienmanager: In the future, real estate will be traded like shares on the stock exchange

This week at IM Immobilienmanager, among others, articles about “PwC and Evana establish think tank on digitalisation” and “Deka seeks successor for Thomas Schmengler”. What will the future bring, will real estate be traded like shares on the stock exchange? More from the blog:

• In the future, we will trade real estate like stocks on the stock exchange
• Deka seeks successor for Thomas Schmengler
• PwC and Evana establish think tank on digitalisation

Frankfurter Allgemeine informs how much your property is worth

There are exciting things from the Frankfurter Allgemeine this week, for example “Frag den Mohr” column: How much is my property worth?” When is real estate a lucrative investment and in what form? What are the common misconceptions? As well as the topic of “Using Industrial Land: There is still plenty of building land in Berlin”. More news from this week:

• <a title=” Ask the Moor” column: How much is my property worth? ” href=”http://www.faz.net/aktuell/wirtschaft/wohnen/wie-viel-ist-meine-immobilie-wert-mythos-der-sicheren-geldanlage-16067096.html” target=”_blank” rel=”nofollow noopener noreferrer”>Ask the Moor” column: How much is my property worth?</a></li>
• My favourite piece: The secretary
• Making use of industrial sites: There is still plenty of building land in Berlin

Handelsblatt: Deutsche Bank expects property prices to continue to rise for years to come

In contrast, Handelsblatt reports this week on how Deutsche Bank expects real estate prices to continue to rise for years to come and how the current situation will continue to change and how Softbank CEO Masayoshi Son wants to digitize the real estate industry. More headlines of the week:

• Here’s how Softbank CEO Masayoshi Son wants to digitize the real estate industry
• German real estate start-ups are in demand, but small in international comparison
• Deutsche Bank expects property prices to continue rising for years to come

Stern provides information on the subject of financing. Step by step to a real estate loan

Stern’s blog focuses on the “Architecture competition: timelessly beautiful dream houses: the winners of the 2019 House Award”. The competition was held under the title “In the tradition of modernity”. Bauhaus style meets classic modernism, a combination of both styles was sought. Furthermore, there are 5 tips on the topic “Financing: it’s so easy: step by step to the real estate loan”. More news from the blog:

• Financing: It’s that easy: Step by step to a real estate loan
• Architecture competition: Timelessly beautiful dream homes: the winners of the 2019 House Award
• Mould: Mould in the home – where do the toxic fungi come from and what can you do about it?

Haufe: with movable glass facades to attractive living space

New from Haufe this week is, among other things, “Real estate business: events and events 2019″ as well as ” Movable glass facades “. Not only can bright, light-filled living spaces be designed with them, but optimal sound insulation can also increase property value with them. More social media news:

• Real estate industry: events and activities 2019
• Purely consumption-dependent heating cost allocation can be agreed upon
• Movable glass facades

T-Online reports on clauses in the rental contract. When is it forbidden to keep pets?

This week, T-Online has topics such as “Clauses in the rental agreement – When keeping pets in the apartment is prohibited”. Pets are not welcome in every apartment building. Often the landlord has no say, but that does not give the tenant every right to an animal. “BGH negotiates – May the apartment be rented to tourists? ” Do the property prices rise because of promotion of the Baukindergeld? New topics of the week:

• Rising house prices – Baukindergeld: So the real estate industry cashes off
• BGH negotiates – May the apartment be rented to tourists?
• Clauses in the lease – When keeping pets in the apartment is prohibited

Süddeutsche Zeitung: What to do if a prospective tenant does not speak sufficient German

This week’s blog of the Süddeutsche Zeitung is about the following topics: “When words fail”: What to do when a prospective tenant does not speak enough German? In seminars you can learn real estate English. “Moscow’s Gold “, the Russian state and oligarchs are hiding money in London, the members of parliament do not want to accept this any longer. “New building area in Moosen”. A resolution of the local council was passed for another building area in Moosen. Updates and news from the blog:

• Moscow’s gold
• When words fail
• New building area in Moosen

The Bundesanzeiger reports on lower ancillary costs thanks to the buyer principle

This week in the Bundesanzeiger among other topics “ZIA Zentraler Immobilien Ausschuss: Vorgehen des Bundesumweltministeriums bei Klimaschutzgesetz kopflos” but also “Weniger Nebenkosten dank Bestellerprinzip”. The broker commission turns out in countries in those the orderer principle applies clearly smaller than in Germany. A study by the Institute of the German Economy (IW) states that only the seller can negotiate effectively with the broker. New articles, headlines and trends:

• Lower ancillary costs thanks to the buyer principle
• ZIA: BMU’s approach to climate protection law headless
• The buyer principle for apartment purchases does not solve the problem of high ancillary acquisition costs

Berlin.de: Which insurance covers damage caused by heavy rain?

The latest articles from Berlin.de this week include “Almost 100,000 rental apartments converted into property” and “Which insurance takes effect in the event of damage caused by heavy rain?” Automatically, homeowners insurance does not cover everything. Owners can usually add extended protection. Here are more tips from the German Insurance Association (GDV):

More headlines of the week:

• Almost 100,000 rental apartments converted into property
• CDU plans list of building obstacles in Berlin law
• Which insurance covers damage caused by heavy rain?

Immobilien Zeitung: The real estate climate is brightening up

This week Immobilien Zeitung has interesting topics like “Three German cities among the most important foreign destinations”. Among the top 10 destinations for foreign capital have made it in the past year Munich, Frankfurt and Berlin. Further it goes around the topic “the real estate climate brightens up “. For the second month in a row, the real estate climate index of Deutsche Hypo has risen – by 1.6% to now 125 points. Further news:

• Three German cities among the most important foreign destinations
• Fewer residential building permits in Bavaria
• The real estate climate is brightening

Manager Magazin: Where the expensive villas are on Mallorca

There are new headlines this week from Manager Magazine, such as “New regulation for broker’s fee is being sought: Apartment sellers should pay the broker in the future”. The competition and the prices of the brokerage costs are to become fairer. “Real estate market on the upswing: where in Mallorca the expensive villas are located”. Mallorca is still one of the popular destinations of the Germans. Many even have a house or condo there. More headlines:

• Real estate market on the upswing: Where on Mallorca are the expensive villas
• New regulation for broker’s fee sought: Apartment sellers should pay the broker in the future
• How the founder of Corestate gets his money’s worth: The Miami Beach Boy and the former German President

News on Twitter on the topic: Real estate prices

Focus on rent increase:

Immobilienpreise: München weiterhin teuerste Stadt vor Stuttgart und Frankfurt – stärkster Anstieg in Mönchengladbachhttps://t.co/0Xmb58y6A2 pic.twitter.com/HoXN2T5qig

— FOCUS (@FOCUS_Magazin) March 12, 2019

The CDU (Thuringia) on rent increases

#r2g erhöhte kurz nach Regierungsbeginn die #Grunderwerbssteuer. Aktuell ist es die höchste in Deutschland. Das erhöht Immobilienpreise und #Mieten.https://t.co/hxpsUSn2oQ

— CDU-Fraktion im Thüringer Landtag (@cdu_fraktion_th) March 12, 2019