House for sale in Volkmannsdorf, Germany

Property description: A two-story residential building in rural style without a basement and with a partially converted attic. It offers a living space of 108 square meters and has an outbuilding as well as other structural facilities. The building dates back to before 1900 and underwent a roof renovation after 1990. Heating is provided by a solid fuel stove (hypothesis), with partially defective vertical and horizontal seals, cracks in the masonry, and a sooty chimney. There are also signs of moisture damage and other deficiencies. Thoughts on price: The listed price of 25,000 EUR reflects the current market value of the property taking into consideration the mentioned issues and necessary renovations. However, there is potential for obtaining a discount of up to 30% on the market value, bringing the cost down to 17,500 EUR. This could present a great opportunity for investors or buyers looking for a project to renovate and make their own. Additionally, the property being sold at auction by the local court may further impact the final selling price. It's important to carefully assess the condition of the property and factor in potential renovation costs before making a purchase decision.