Financial expert reports: Experience report from a builder couple - house purchase and renovation

Financial expert reports: Experience report from a builder couple - house purchase and renovation

According to a report by www.zvw.de, tells the story of Kathrin and Daniel Schisler, who bought an old house in Welzheim and are extensively renovating it. The house dates back to the early 20th century and is being completely remodeled by the couple to meet their personal requirements. They plan to move in in December and celebrate Christmas in their new home.

Home renovation has implications for every area of ​​the real estate market. The increasing demand for craftsmen and building materials as well as the renovation of old buildings can lead to an improvement in the crafts and building materials market. In addition, the increasing renovation of old buildings could result in an increase in property values ​​in older residential areas.

The Schisler couple, both professional craftsmen, are carrying out most of the renovation themselves. This DIY effort could help reduce renovation costs while showcasing the Schislers' craftsmanship and expertise to the real estate market.

Dealing with the challenges and uncertainties of renovation also impacts the real estate industry. The renovation can serve as a case study for potential homebuyers considering a similar project.

Overall, the Schislers' story shows how a major renovation of an old home can impact various aspects of the real estate market. From the sourcing of building materials to the work of tradesmen and the market positioning of properties, this can help influence the real estate market in the area.