Why the need for energy modernization of residential properties in eastern Germany is higher than in the west

Why the need for energy modernization of residential properties in eastern Germany is higher than in the west

The need for energy modernization of residential properties in Germany will increase significantly in the coming years. The new Building Energy Act (GEG), known as the Heating Act, and other legal changes will force homeowners to invest.

However, anyone who believes that demand in East Germany could be significantly higher is completely wrong. A current data analysis by the real estate valuation company Sprengnetter has shown that East Germany is far ahead of the West when it comes to building energy efficiency.

As per a report by www.berliner-zeitung.de reports, a data analysis by real estate valuation firm Sprengnetter has shown that eastern Germany performs significantly better than the west in terms of building energy efficiency. In the coming years, the energy modernization needs of residential properties in Germany will increase overall due to the new Building Energy Act (GEG) and other legal changes.

East Germany is a leader in energy modernization

According to Sprengnetter's data analysis, these legal changes will force homeowners in Germany to invest in the energy-efficient modernization of their properties. This means they need to take steps to reduce the energy consumption of their homes and improve their building energy efficiency.

However, the analysis showed that East Germany is already far ahead of the West when it comes to the energy-efficient construction of residential properties. This could be because energy efficiency played a greater role in building planning in the former GDR than in West Germany.

The data analysis shows that in cities such as Leipzig, Dresden and Erfurt, most residential properties have already been modernized in terms of energy efficiency and can demonstrate good energy efficiency. In comparison, cities such as Berlin, Hamburg and Cologne have a greater need for modernization and can benefit from the experiences and measures in East Germany.

Impact on the real estate market

The fact that East Germany is already a leader in the energy modernization of residential properties could have an impact on the real estate market. Apartments and houses in East Germany could have a higher value and be more attractive to potential buyers due to their better energy efficiency.

On the other hand, the need for modernization in West Germany could lead to increased pressure on homeowners to upgrade their properties' energy efficiency. This could lead to an increase in demand for related services and products, thereby boosting the construction and renovation industry.

Overall, the need for energy modernization of residential properties will be a major challenge for homeowners in Germany. However, the results of Sprengnetter's data analysis show that East Germany has already made progress in this area and can therefore serve as a model for the rest of the country.

Source: www.berliner-zeitung.de