House for sale in Hagen, Germany

From a buyer's perspective, this 2-family house with a total living area of 329 m², and a listed price of 378,000€, located in Hagen, has both advantages and potential drawbacks. The property's strengths include its size, as it offers enough space for a family, with additional amenities like a winter garden, terrace, and balcony, as well as a garage and parking spaces. Additionally, the neighborhood features a playground and a nearby high-rise. However, there are also some issues that should be addressed. The property has reportedly experienced moisture damage to the cellar walls, damage to the access staircase, and partial plaster damage on the exterior facade. The property is also reported to have been built in the early 20th century, which could be a concern, especially considering the many modern additions like the winter garden and balcony, added in 2008. In terms of the real estate investment, the buyer would need to consider these potential repairs, and weigh the cost of fixing the issues against the overall value of the property. A more thorough property inspection would be needed to fully understand the extent of the damages. As for a lifestyle purchase, the property has many advantages such as its size and location, offering plenty of space for family life and situated near recreational areas. However, the buyer would need to weigh the potential need for renovations or repairs and whether the property is a good fit for their needs and lifestyle. Overall, this property presents both opportunities and potential challenges for a buyer. Further research and possibly a professional property inspection would be recommended.