February 1, 2025
Buying or renting a property is a significant step. One central question is: Is the property in need of renovation, or can you just pack your bags and move in immediately? To make this decision based on solid grounds, it is essential to take a close look at the condition of the building. This article will detail which aspects you should consider and how to find out if the property meets your expectations and needs.
A house or apartment is always connected to emotions. However, you should not rely solely on your gut feeling. A systematic condition assessment reveals whether there are hidden defects that could turn into costly problems later on. Additionally, it gives you a realistic impression of whether investments in renovations or modernizations are necessary – and if so, to what extent.
With a thorough inspection, you can save not only money in the long run but also nerves. Furthermore, you can rely on concrete facts during purchase price or rental negotiations.
"Those who pay close attention before signing a contract often save themselves nasty surprises and protect their budget from unplanned expenses."
When entering a property, it's beneficial to proceed step-by-step. Here are the central areas you should examine:
In addition to the building fabric, the technical equipment is also a crucial criterion. Here are some points to pay special attention to:
Whether a property is immediately ready for occupancy or in need of renovation heavily depends on the required measures and their costs. If a comprehensive renovation is necessary, it is worthwhile to plan a separate renovation budget. This way, you can estimate the financial reserves you will need to bring the property to the desired condition.
Here is a sample table of possible renovation measures and their rough cost estimates per square meter (values without guarantee and depending on region and property condition):
Measure | Approximate Costs in CHF/m² |
---|---|
New Windows | 400 – 800 |
Roof Renovation | 200 – 400 |
New Heating System | 150 – 300 |
Renew Electrical Installation | 80 – 150 |
Complete Bathroom Renovation | 800 – 2,000 |
Based on these values, you can roughly calculate if the purchase price or rent makes sense when you additionally need to invest in extensive renovations. Sometimes it is worth buying a seemingly cheap property, even if you have to invest afterward—especially if there is potential for value appreciation.
Not everyone is skilled enough in craftsmanship and technology to recognize hidden defects. Professionals can provide valuable support. This can include architects, civil engineers, or construction managers.
Even though a professional assessment is initially an investment, it can quickly pay off if it helps avoid expensive renovation mistakes. The assessment usually details:
Often, a single viewing is not enough to form a complete picture. Here are some tips on how to proceed step by step:
Whether a property is in need of renovation or immediately ready for occupancy depends on numerous factors. A thorough examination of the building fabric, an evaluation of the technical systems, and a financial calculation of the possible renovation costs are essential to ensure long-term satisfaction.
An appropriate purchase price or fair rent can quickly lose its attractiveness if significant and unforeseen renovation costs arise. Conversely, a comprehensive renovation can also be a lucrative investment if the property has great potential for appreciation. Ultimately, the decision lies with you and your personal needs. However, with careful analysis, you can ensure that you neither experience unpleasant surprises nor miss out on opportunities.
When should I definitely involve an expert?
If you have no experience with building fabric and technology, or if visible defects such as cracks, moisture, or damage in the construction are present, a professional assessment is recommended.
What to do if the seller cannot provide documents on modernization?
Insist on more transparent documentation. If there are significant uncertainties, you should invest a bit more time or involve an expert.
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