Buy an older house: What will I have to pay for the renovation? (Renovation calculator)?
Anyone who wants to buy a house, where some work still needs to be done to get it back to an acceptable level, faces two questions:
- What do they cost Remedial measures?
- How much energy does the house need?. What energy efficiency class will the house have after the renovation??
- Which KfW funds (Promotional loan) I can use it?
As far as energy efficiency is concerned, is it important, Know the energy needs of the house, in order to minimize both the environmental impact and the running costs for heating and electricity. After the renovation, an energy assessment can be carried out, to realize, which energy efficiency class the house has achieved. This can be done by improving the insulation, replacing windows and doors, the installation of energy-efficient heating- and cooling systems as well as the use of renewable energies.
These questions are important when deciding whether you want to purchase the house. The total investment costs, consisting of the purchase price of the house, the additional costs and the renovation costs, are crucial for the Financing planning. It is important, to carefully consider all these costs, to ensure, that the financing is sustainable and the budget is not exceeded. A thorough calculation before purchasing the existing property is therefore essential, to avoid and ensure financial surprises, that the house meets your own requirements and ideas.
Renovation calculator
The costs for renovation measures can vary greatly and depend on various factors, like the condition of the house, the extent of the necessary renovations and the materials and craftsmen chosen. Because it is usually difficult, Baufi Partners offers an estimate of these costs Real estate renovation calculator which supports an initial cost estimate. We would like to point this out at this point, that the cost calculator provides an estimate and cannot replace an exact determination by a specialist such as an architect or civil engineer.
➔ Click here for the renovation calculator
