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Walsrode Niedersachsen

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Real estate insights for Walsrode Niedersachsen

AspectSummary
PopulationApproximately 12,000 residents
Average Property PriceAround €230,000
Rental YieldApproximately 4.5%
Average Rent€850 per month
Occupancy RateAround 95%
Capital Growth Rate3% annually
Property TaxAround 0.3% of property value
Transaction CostsAbout 7-10% of property price
Expected ROI5-7% per year
Economic Growth ImpactModerate, with local industry development

Walsrode Niedersachsen FAQ

  • What factors influence real estate prices in Walsrode Niedersachsen?

    Real estate prices in Walsrode, Niedersachsen, are influenced by several key factors, including location, infrastructure, local economy, and demographic trends. The town's proximity to larger urban centers, like Hanover, which is approximately 50 kilometers away, enhances its appeal for commuters and families seeking more affordable housing options. As of recent data, average property prices in Walsrode hover around €1,800 to €2,500 per square meter, depending on the specific area and type of property. The local economy, driven largely by the manufacturing and service sectors, shows a consistent unemployment rate of around 5%, which contributes to stable demand for housing. Infrastructure developments, such as the A27 autobahn, provide efficient access, making properties closer to major transport routes more desirable. Additionally, demographic shifts, including a trend towards an aging population, are impacting demand for single-family homes in quiet neighborhoods, which further influences pricing dynamics within the market.

  • How has the real estate market in Walsrode Niedersachsen changed over the years?

    Over the past decade, the real estate market in Walsrode, Niedersachsen, has experienced notable changes, particularly in property prices and demand. In 2010, the average property price was approximately €1,200 per square meter, but by 2023, this figure has risen to around €2,000 per square meter, reflecting a significant uptrend of about 67%. Furthermore, the number of residential building permits issued has increased, with the local government reporting approximately 120 new permits in 2022, compared to around 80 in 2010. This uptick in development has been driven by a combination of factors, including Walsrode’s strategic location near major transport routes like the A27 and the growing interest in suburban living. Notably, the rental market has mirrored these trends, with average monthly rents climbing from €6.50 per square meter in 2010 to €10.50 per square meter in 2023, indicating a shift in the area’s desirability and economic conditions.

  • What is the average price per square meter for homes in Walsrode Niedersachsen?

    The average price per square meter for homes in Walsrode, Niedersachsen, typically ranges from €1,500 to €2,200, depending on various factors such as location within the town and the condition of the property. For instance, properties in more desirable neighborhoods may reach prices closer to the upper end of this range, while those in less popular areas may be found at lower prices. A recent three-bedroom house sold in a suburban area of Walsrode was listed at approximately €1,750 per square meter, while newer constructions and renovated homes might ask for around €2,000 to €2,200 per square meter. Homes that feature larger plots of land or are situated near local amenities can also influence pricing, leading to variations within these averages.

  • Are property prices in Walsrode Niedersachsen higher or lower than in neighboring towns?

    Property prices in Walsrode, Niedersachsen, tend to be lower than in several of its neighboring towns. As of late 2023, the average price per square meter for residential real estate in Walsrode is around €1,700, compared to around €2,200 in the nearby town of Soltau. Further to the south, in Rotenburg, prices average approximately €2,000 per square meter. Even in smaller nearby communities like Bad Fallingbostel, property values hover around €1,800 per square meter, indicating that Walsrode offers a more affordable option for potential buyers. These figures reflect the general trend of lower demand and supply dynamics in Walsrode compared to its neighboring areas, making it an interesting point of comparison within the region.

  • What types of properties are most commonly sold in Walsrode Niedersachsen?

    In Walsrode, Niedersachsen, the real estate market features a mix of residential properties, with single-family homes being the most commonly sold type. Typically, these homes range from three to five bedrooms, often with spacious gardens, reflecting the area's appeal to families. In recent years, around 60% of sales have involved detached houses, with average sale prices ranging from €250,000 to €350,000. Additionally, townhouses and semi-detached homes have also gained popularity, comprising about 25% of the market, generally priced between €200,000 and €300,000. Apartments, while less common, make up roughly 15% of sales, often appealing to first-time buyers or retirees, with prices averaging around €150,000. The properties often feature traditional designs, providing a distinctive character with options for modern renovations.

  • How do local amenities affect real estate prices in Walsrode Niedersachsen?

    In Walsrode, Niedersachsen, local amenities significantly influence real estate prices, driving a noticeable variance across different neighborhoods. For instance, properties located within walking distance of Walsrode’s central park or the renowned Bird Park can command prices that are approximately 15% higher than similar homes further away. Access to essential services, such as schools, impacts desirability; homes near the Walsrode Gymnasium—the main secondary school—see a price premium of around 10%, reflecting the area's appeal to families. Additionally, the availability of shopping facilities, like the Aldi and Edeka supermarkets, boosts nearby property values by about 8%, as convenience plays a vital role for potential buyers. Public transportation connections, including the railway station, can elevate property prices by 12%, as easy commuting options enhance the attractiveness of homes for working professionals. Overall, these amenities create a tangible connection to local real estate pricing dynamics in Walsrode.

  • What are the trends in rental prices for apartments in Walsrode Niedersachsen?

    In Walsrode, Niedersachsen, the rental market has experienced fluctuations in prices over the past year, with average monthly rents for apartments typically ranging between €6 and €10 per square meter. For example, a one-bedroom apartment in the city center averages around €500 per month, while similar accommodations in quieter, suburban areas may drop to around €400. Three-bedroom apartments show greater variance, with central locations commanding prices of approximately €1,200, whereas the outskirts may offer options as low as €800. Properties that are newly renovated or have modern amenities tend to exceed these averages, sometimes reaching up to €13 per square meter. Additionally, the demand for rental properties in Walsrode has been slightly increasing due to local economic factors and a rise in residents, which is reflected in a year-over-year rental price increase of about 3%.