Buying a house in Rheda-Wiedenbrück: financing, selling, building and condominiums

House buy and sell in Rheda-Wiedenbrück, North Rhine-Westphalia – For a building plot one calculated here about 3 years ago still substantially less, between 125 and 250 euro / bought square meter (source LBS Research), in the general average the acquisition costs for a square meter in Rheda-Wiedenbrück lay with 190. The interest is growing and the assessed value for a building plot has risen, this year you pay a price of 156.24 to 312.48 pay, a growth of currently 31.24 and 62.48 respectively in central location and 47.48 to the mean value of statistically 237.48 euros per square meter.

This is how much a square metre of condominiums, terraced homes and building land costs today

Used € / m² – House

Euro Difference Euro
from 160 199,98 39,98
up to 250 312,48 62,48
Ø 210 262,48 52,48

Used € / m² – Terraced house

Euro Difference Euro
from 150 187,49 37,49
up to 230 287,48 57,48
Ø 195 243,73 48,73

Used € / m² – Condominium

Euro Difference Euro
from 1.000,00 1.249,90 249,9
up to 1.800,00 2.249,82 449,82
Ø 1.450,00 1.812,36 362,36

New construction € / m² – House

Euro Difference Euro
from 125 156,24 31,24
up to 250 312,48 62,48
Ø 190 237,48 47,48

New construction € / m² – terraced house

Euro Difference Euro
from 215 268,73 53,73
up to 250 312,48 62,48
Ø 230 287,48 57,48

New construction € / m² – Condominium

Euro Difference Euro
from 2.200,00 2.749,78 549,78
up to 2.800,00 3.499,72 699,72
Ø 2.350,00 2.937,27 587,27

New building

Building plot €/m²

PriceCurrentIncreaseDifference
from125156,2431,24
up to250312,4862,48
Cut190237,4847,48

Source: LBS Market for residential property

Source: LBS Market for residential real estate

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Demographic development in Rheda-Wiedenbrück

Surrounding Area

Households / Personstoday2035Difference
119.89621.3511.456
216.49917.469971
35.8234.853-971
44.3673.882-485
5 +1.4561.407-49

Source: LBS Research

Rheda-Wiedenbrück City

Householdstoday2035Growth
125.71927.1751.456
214.07313.587-485
34.3673.882-485
42.9122.863-49
5+971873-97

Statistical source: LBS Research

Who lives free of rent? Private home ownership in Rheda-Wiedenbrück

In what way are owners of flats and houses distributed in the age structures, how many Rheda-Wiedenbrückers live fortunately rent-free? Briefly a two examples. According to a Germany-wide survey (empirica), 2,041 young children up to the age of 10 now live in owner-occupied flats or houses. In the group of older children, or teenagers, there are slightly more, possibly because both parents have survived the toddler phase in a stronger position and are working on their own careers in the company. Among the 11 – 21 year olds, 2,527 live in their own home. Significantly fewer are between 21 and 30 years of age, they travel and are, for example, looking for challenges throughout Germany, only 553 of them live in their own home. The more the age rises, the more likely the residents are now to own their own property. Thus it is with the 31 – 40 year old again 2,095 and somewhat over them, with the present persons between 41 – 50 years whole 3,623 content real estate owners. At the age of 51 and 60 years own 3,317 property. With the 61 to 70 year olds one creates it still on 2.534. The coming stage of life spend less in her own home, only 1.570.

Home ownership

Home ownership (years)Quantity
0-102.041
11-212.527
21-30553
31-402.095
41-503.623
51-603.317
61-702.534
71-801.570

Source: empirica / LBS Research

The typical procedure when selling your house

  • Condo and house valuation, the very first appointment with your new real estate agent.
  • Receipts, invoices and documents: read here relevant for the sale.
  • The final offer price in Euro must be fixed
  • Design of a folder or exposé for prospective buyers of the property
  • Answering queries about the house and general calls
  • Arrange and carry out viewing appointments
  • Even before your purchase contract: securing the finances by checking the purchasing power of the prospective buyer
  • After making changes to the draft contract: finalising the notarised purchase contract together at the notary’s office
  • Repayment of the purchase price after entry in the land register, or also priority notice of conveyance
  • Paying the bills of your appointed broker and notary public
  • transfer land transfer tax: Then your house in Rheda-Wiedenbrück is sold

How do you sell your property?

Appointment with the real estate agent for a structured valuation of your own property (apartment or house)

Whether you are selling a prefabricated house, a modern city villa or a heat-storing solid house, always be aware of how to proceed ideally and how to get the highest possible price for your property, acquire all the required knowledge in the sale of houses and, if you want to make less effort, contact us by mail and telephone. Here the knowledge in the real estate market and, if you do not want to make so much effort, you contact us.

Provision of documents (receipts, invoices and also the documents ideally in the original)

Floor plan of the house and energy certificate are necessary documents, which you should have ready on each site. My and our tip from portals, show your home with professionally created photos, this is important, so that any buyer can make a much better picture, saves time and increases the value. Your, your made photos should always have a good quality and show the house always in the perfect light. After all, you want to sell something. And do it as you wish for a higher selling price. Next comes: set price for your real estate listing.To determine the purchase price, numerous information is crucial such as proximity to supermarkets, defects, size, location of the property and likewise equipment and condition of your house, what matters is not how much you yourself once paid for the house. Demand and supply of houses in Rheda-Wiedenbrück on the current house market dominate the value the buyer will be willing to go with. You need to know this wisdom from the trade, supply and demand in the current market dominate the value. This rule you should know Despite all the explanations you are not quite feeling one hundred percent sure about the value of the property when thinking about it more closely? In fact for private individuals, it may be difficult to assess the house value authoritatively, your alternative, a valuation by us. Selling like real estate professionals, next on your sales plan in Rheda-Wiedenbrück: Preparation of the exposé for future interested parties.Whether the reader of the advertisement is interested, that shows in the first seconds when reading the advertisement. Like on a date, our very first impression counts, so it pays to put some effort into a really professionally prepared exposé. You know yourself as the owner maybe even former resident, anyway best, therefore always pay attention to the consideration of all features. These include garage, garden and . The greatest sales opportunities offer the real estate portal but also the local daily newspaper, after that wait and see, does your property arrive? Next comes: Receiving queries from prospective buyers. Then the very first reactions come, your real estate agent takes all numerous letters daily, exclusively if clearly more exact messages come, he takes up personal contact with you. The new task: Agreement of inspection dates with potential prospective customers and execution.Now it becomes increasingly exciting, so that you your house is sold at the best simply and successfully, the real estate agent makes each day new inspection dates in Rheda-Wiedenbrück, the agent leads all discussions without you, you can be however also with in the discussion. Always ensure that you make an impeccable impression at the scheduled viewing appointment, because the eye eats with you. Next on the list is: Checking the buying power of prospective buyers. If you want to pass on your property, sell it with an agent, because the agent will immediately check the solvency of the prospective buyer after the house inspection and the inspection of light bulbs, awnings, coverings, etc. The following challenge: visit to the notary and conclusion of the long-planned real estate purchase contract. The last little things of the contract and just as all the negotiations with the new owners of the Rheda-Wiedenbrücker house, leads the real estate agent, your notarial contract prepares your agent in cooperation with your notary for the sale in a draft contract. For the notarization you have to go to a notary. Whatever your basis has been, whether real estate and land in a prime location, you are already very close to the conclusion, at the notary both sides sign the now complete purchase contract, congratulations, so your property is really officially sold, so only a few individual steps remain.

After entry in the land register (or priority notice of conveyance), the pre-sale price must be transferred directly by bank order.

Notaries now enter the land register entry but also the priority notice of conveyance, it ensures, for example, an effective exclusion of risks of multiple sales to several, unknown to each other, persons. As soon as the new owner can transfer the purchase price to your named account, the notary will contact you. Please also remember that you must then check your account to ensure that payment has been received.

Payment of brokerage and notary fees

As a seller, you now instruct the payment settlement of the services you have used, after the successful conclusion of the purchase contract with your notary. For this, you will receive a separate invoice from both for the effort. The new task: pay calculated real estate transfer tax to the carrier – done. A last very relevant information sale of your house can accrue capital gains tax, whenever between the private purchase and sale of a property takes place below 10 years. The general solidarity surcharge and church tax may be added on top, but there are exceptions. For example, if the property owner lived in owner-occupation for 36 months over a period of 3 years, but if you have proven that you lived in the house for more than 3 years and did not rent it out, you do not have to pay capital gains tax.