House for sale in Koln, Germany

• Keller

This property is located in the 50767 Köln neighborhood, which is a convenient location with good access to local amenities, public transportation, and schools. The semi-detached house, built in 1976, consists of two floors joined by an attic, offering a total living space of 146m². The property description indicates that renovation is needed, and there might be some tree damage issues. As a real estate investment, the property has both pros and cons to consider. On the positive side, the property is relatively large compared to the average size for the area, providing more space for future growth or expansion. Additionally, the kitchen, toilet, and bathroom are free from defects, which can be convenient for potential buyers. On the downside, the price falls within the average for the region, while the competition in the neighborhood is relatively high. Moreover, there's a large need for modernization and potential tree damage issues, which require significant maintenance costs and effort. From a lifestyle perspective, owning this property provides a great opportunity to create a personal family home with space for relaxation and growth. However, the need for renovation and the surrounding issues may not suit everyone looking for a move-in ready property. Also, some potential buyers may prefer a modern home rather than a renovation project. In conclusion, the location of this property makes it attractive for potential buyers, while the estimated overall value for investment depends on the buyer's comfort level with renovation projects and their long-term commitment to owning and maintaining the property. For lifestyle buyers, the property offers a good potential, but there may be a need for sacrifices to some comfort and convenience due to the high renovation needs.