Houses for sale in Antoniushugel 1 41189 Monchengladbach Wickrath

The average price per square meter at Antoniushügel 1 in Mönchengladbach-Wickrath typically ranges from €2,000 to €2,500, depending on the specific characteristics of the property and the current market conditions. For instance, a recently renovated apartment in the area might command around €2,400 per square meter, while older residences may be priced closer to €1,800 per square meter. Additionally, properties with larger living spaces or those featuring modern amenities tend to be on the higher end of the spectrum. In contrast, smaller or less updated units might fall below the average range, highlighting the variability within this specific location. Current listings indicate that this price range aligns with the overall trends seen in the Mönchengladbach region, which has experienced gradual price increases over the past few years.

Over the past year, real estate prices in Wickrath have experienced a notable shift. The average price per square meter for residential properties climbed from approximately €2,500 to around €2,800, reflecting an increase of about 12%. Single-family homes in particular have seen significant appreciation; the median price rose from €350,000 to €390,000. In contrast, apartments have shown a more modest increase, with prices moving from €200,000 to €220,000. Specific neighborhoods such as Wickrathberg have proven popular, with some properties selling for over €400,000, highlighting the demand in this area. Additionally, the time on the market for homes has decreased significantly, averaging just 30 days in comparison to 45 days last year, indicating a competitive market.

Several factors influence property prices in Antoniushugel 1, Monchengladbach Wickrath. Firstly, location plays a critical role; properties situated near essential amenities, such as schools, shopping centers, and public transport, generally fetch higher prices. For example, homes within a 1-kilometer radius of Wickrath's main train station have seen prices rise by approximately 10-15% over the past few years. Additionally, the condition and age of the property significantly impact its value. Newly built or recently renovated homes often command prices upwards of €300,000, while older properties without updates may be listed for around €200,000. The overall economic climate and interest rates also affect property prices; as of late 2023, lower interest rates have encouraged more buyers to enter the market, contributing to a price increase of about 5-7% annually in the region. Lastly, local housing demand and supply dynamics can create fluctuations; for instance, a scarcity of available homes has led to bidding wars, pushing prices above the original listing.

Property prices in Wickrath, a district of Mönchengladbach in Germany, are generally higher than in some of the nearby areas. As of late 2023, the average price per square meter for residential properties in Wickrath is approximately €2,800, while in nearby districts like Rheindahlen, it's around €2,500 per square meter. In contrast, areas such as Bracht and Giesenkirchen exhibit even lower averages, with prices around €2,200 and €2,400 per square meter respectively. This trend is reflected in specific listings, where a typical family home in Wickrath may sell for €350,000, whereas similar properties in adjacent neighborhoods might list for between €300,000 and €320,000. The differences in amenities, local schools, and public transportation options can contribute to this price discrepancy within the region.

In Antoniushügel 1, 41189 Mönchengladbach-Wickrath, residential properties dominate the market, with single-family homes and townhouses being the most commonly sold types. On average, single-family homes in this area typically range from 120 to 180 square meters, often featuring three to five bedrooms, and are priced between €300,000 and €500,000. Townhouses generally offer a more compact living space, averaging 100 to 150 square meters, with two to four bedrooms and a price range of €250,000 to €400,000. There are also occasional listings for apartments, particularly in multi-unit buildings, which can vary from 60 to 100 square meters and are priced around €150,000 to €250,000, catering to both small families and individuals. This variety allows for a range of buyers interested in different living styles and price points.

As of now, Wickrath exhibits characteristics of a seller's market, largely driven by low inventory and rising demand. The current average home price in the area stands around €350,000, reflecting a 12% increase over the past year. Listings typically see multiple offers, often exceeding the asking price by about 5-10%. For example, a recently sold three-bedroom house on Dülkenstraße, initially listed at €330,000, closed at €365,000 after just a week on the market. The average time on the market for homes in Wickrath is approximately 20 days, significantly lower than the regional average of 45 days. With only 1.6 months of inventory available, this tight supply coupled with high buyer interest underscores the competitive landscape in Wickrath's real estate sector.

In Antoniushügel 1, Monchengladbach-Wickrath, several amenities can significantly enhance property value. Proximity to schools, especially high-ranking institutions, can boost property prices by about 10-15%. Access to public transportation, like the nearby Wickrath train station, can raise values by 5-10%, particularly for commuters. Properties with private gardens or outdoor spaces of at least 50 square meters are often valued higher, sometimes by 15-20%, as outdoor living becomes increasingly desirable. Adding features like modern kitchens, with upgrades costing around €10,000 to €20,000, can yield a return of 80-100% in increased property value. Energy-efficient installations, such as solar panels, could add roughly €5,000 to €15,000 to a property, attracting eco-conscious buyers. Homes with off-street parking can see a value increase of roughly 5-10% in areas where street parking is limited. Finally, proximity to parks or recreational areas is advantageous, often attracting families and influencing price positively.