House for sale in Hagen, Germany

Property Description: This two-story detached 2-family house with a basement and partially converted attic is located in Hagen, 58095. The property has a living area of 329 m² and features a winter garden, a terrace, and a balcony, as well as a garage and two parking spaces for cars. The house was built at the beginning of the 20th century, with the winter garden and balcony being added in 2008. However, there have been some noted issues and damages to the building, including significant moisture damage to the basement walls, damages to the access stairs, and some plaster damage to the facade. Parking options are limited. The residential building is adjacent to a playground and a nearby high-rise building. Thoughts on Price: The listed price for this property is 378,000€. Considering the noted damages and limited parking availability, potential buyers may want to carefully assess the costs of repairs and improvements that may be needed. However, there is also an opportunity to secure a 30% discount on the property's appraised value, bringing the cost down to 264,600€. Additionally, with the absence of notary fees and agency commissions, this could potentially make the property a more attractive investment for buyers looking to acquire a spacious home with some TLC potential in a desirable location like Hagen.