House for sale in Harsewinkel, Germany

Property description: The single-family house with a basement and converted attic was built in 1980 and expanded with a winter garden extension in 1992. It has a living area of 173.01 m² and features a terrace, a garden, and a garage. The layout includes a hallway, a shower, a WC, a sauna, a pantry, a play and utility room, various cellar rooms, and the heating and oil storage room in the basement. The ground floor consists of a hallway, another WC, the kitchen, dining area, a fireplace, and the living room. The attic includes a hallway, a bathroom, a WC, two children's rooms, the master bedroom, and a balcony. Heating is provided by underfloor heating and a wood stove. The property has been found to have some building defects and damages, including outdated insulation from the construction year (especially the thermally uninsulated aluminum windows causing high heat loss), a blind pane in the sliding door of the living room, some leakages, partial damages to the gutter, leaky drainage on the balcony, plaster damage on the exterior wall of the basement due to moisture, cracked tiles in the winter garden, the need for inspection of the asbestos-containing roof covering (tiles have come loose), and a defective exterior windowsill. Thoughts on the price: With a market value of 387,000.00 EUR, the property offers potential for a discounted purchase. A 30% discount on the market value brings the price down to 270,900.00 EUR, making it a more attractive investment. Considering the mentioned building defects and damages, the discounted price allows for potential renovation costs to be factored in, making it a potentially lucrative opportunity for buyers looking to invest in a property with renovation potential.