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Horrible real estate prices in Upper Bavaria continue to rise - one city stands out in particular

2021-08-03T09:00:47.977Z


New figures, old results: living space in the Bad Tölz-Wolfratshausen district is expensive. A semi-detached house costs almost a million, the prices per square meter for building land continue to rise.


New figures, old results: living space in the Bad Tölz-Wolfratshausen district is expensive.

A semi-detached house costs almost a million, the prices per square meter for building land continue to rise.

Bad Tölz-Wolfratshausen - The district's appraisal committee of around 20 has determined the current so-called standard land values.

The result is not a surprise: the dream of having your own four walls in the Bad Tölz-Wolfratshausen district can only be realized with a lot of money.

From 2018 to the end of 2020, the average price rose by a good ten percent.

Real estate in Bad Tölz-Wolfratshausen: Average prices rise by a good ten percent

Again this year, Peter Schneider, managing director of Schneider und Prell Immobilientreuhand AG in Wolfratshausen and a member of the district's expert committee for many years, expects “a moderate price increase”.

Every two years, the committee, which includes volunteers such as Schneider and representatives of the district authorities, the finance and surveying offices, analyzes all purchase contracts for the last 24 months in order to determine the property values.

In 2019 there were a total of 1167 certificates (total volume 560 million euros), last year 1219 (580 million euros).

When determining the standard land values, the cities and municipalities are divided into individual zones, explains Schneider.

Even in less attractive areas you pay 1000 euros per square meter of building site

The average prices refer to the town center.

Specifically, that means: In Wolfratshausen's “beautiful location”, one square meter of building site currently costs an average of 1450 euros.

Even in less attractive areas, “prices below 1000 euros are more of a rarity”.

Anyone looking for a plot of land in a good location in Geretsried pays an average of 1,100 euros / square meter - it gets cheaper the closer you get to the B11: In the Stein district of Geretsried, the average price is around 700 euros per square meter.

Tölz old town is the most expensive spot in the Bad Tölz-Wolfratshausen district

The old town of Bad Tölz is and remains a very expensive place: 1750 euros per square meter, in good locations, for example on Kalvarienberg, it is 1200 euros.

Those who are willing to cut back can get a square meter here and there for 700 to 800 euros.

What seems easy in theory - apart from the exorbitant purchase price - turns out to be extremely difficult in practice: "Land in our district is still in short supply," reports Schneider.

The same applies to existing properties.

In the Corona year 2020, "there was a zero line with a view to semi-detached houses," says the 48-year-old, there were simply very few offers.

The curve has been pointing steeply upwards since 2012

Peter Schneider

On average, an existing semi-detached house in the district costs 700,000 euros, a comparable new building costs 935,000 euros.

“The curve has been pointing steeply upwards since 2012,” says Schneider.

In his words, the price for a condominium has "risen sharply": EUR 4700 per square meter of existing property, EUR 6100 for a new building.

As always in life, there is hardly any upper limit.

In top locations in Wolfratshausen you have to pay at least 7,000 euros per square meter for a new condominium, in Geretsried or Bad Tölz around 6500 euros each.

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Peter Schneider

© CAHELLHAKE

Anyone who thinks that it is cheaper to pitch their tent in one of the parishes in the district will be taught better by the advisory committee.

The front runners are Icking and Münsing, there is nothing to be had for less than 1000 euros per square meter.

A “market in the market”, according to Schneider, are lakeside properties in the Münsing community: “It goes up from 4,000 euros.” However, due to the virtually non-existent offer, sales are as rare as the famous sixth prize in the lottery.

Little real estate is being sold - but the demand is very high

The municipality of Jachenau, on the other hand, appears affordable, here the square meter price is less than 500 euros. Schneider gives the label a big but. Since “nothing is virtually ever sold” in the 900-strong community in the south, the standard land value is “difficult to determine”. If the worst comes to the worst, it can be assumed that “more than 500 euros will be called”. Since 2018, among other things, the average prices in the local centers of the municipalities of Dietramszell and Kochel am See have risen sharply: "plus 20 percent at the top."

"There is little food," says Schneider, referring to the property and real estate in the district.

On the other hand, the demand is very high.

The result: the price is hot.

Potential builders will also have to calculate with a cost increase this year due to a lack of raw materials.

And Schneider points out that the legal requirements (energetic construction, electromobility) force property developers to make higher investment costs, which are passed on to property buyers.

The rents rose only moderately

According to Schneider, rental and purchase price developments have meanwhile become “decoupled”.

In the past two years or so, rents have risen “moderately” by three to five percent - purchase prices between spring 2020 and spring 2021 alone “by around eleven percent in Wolfratshausen” and by around seven percent in Geretsried and Bad Tölz.

Nevertheless: In view of rental prices of up to 16.17 euros, “you have to slowly leave the church in the village,” says the 48-year-old.

A (chargeable) standard land value information can be requested from the office of the expert committee in the district office in Bad Tölz by e-mail (gutachterausschuss@lra-toelz.de).

You can read more news from the Wolfratshausen region here. By the way: Everything from the region is now also available in our new, regular Wolfratshausen-Geretsried newsletter.

Source: merkur

All news articles on 2021-08-03

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