It is obvious: Your dream property must meet your needs – and for a price that reflects the true value of the property. But the second aspect in particular, i.e. determining the value of the property, is extremely complex – and therefore belongs in the hands of a proven expert. The reason: Numerous factors influence the value of a property – and the buyer usually does not have the tools to determine the value in a simple way. A sound analysis by a real estate expert therefore helps to minimize risks, identify pitfalls and pave the way to your dream property. But what does this look like in concrete terms? First, we conduct a legal and technical inspection of the property you wish to purchase. We check the documentation including the economic plan of the property. In this context, we request the minutes of the owners’ meetings and determine whether there are any obligations to the house money fund. We also check the renovation status and – if applicable – the rental income. Are there any building defects? Might this result in costs in the near or distant future? What is the ownership status of the residential units? These questions must always be answered reliably when purchasing real estate. In addition, it is necessary to examine the condition of the property, electrical systems, plumbing and masonry (e.g. in terms of fungal decay, moisture, etc.). Finally, we put all this information in relation to the current market situation and the prices of comparable properties. It is obvious: Determining the market value of your dream property is a complex matter – only through a comprehensive analysis of a wide range of factors can the market value of your dream property be reliably determined – and with EDEL at your side, you can be sure that you are making the right decision. For a good feeling when buying real estate.