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Commission-free Houses to buy in Nordrhein-Westfalen
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The Rhineland is generally more expensive than Westphalia, the "Ruhrpott" offers opportunities
Germany's most populous state, with almost 18 million inhabitants, also displays astonishing versatility in terms of its quite diverse landscapes and real estate offerings. Detached single-family houses, mid-terrace and end-of-terrace houses as well as semi-detached houses can be found between the Rhine and the Ruhr, the Emscher and the Ems as well as the Lippe and the Wupper in all conceivable designs, at all possible prices and from all years of construction. Put simply, the costs of buying a house in the periphery are usually considerably higher than in the center of the region. Thus, as a rule, in the southern Rhineland in and around the state capital Düsseldorf and in Cologne, as well as in the northern Münsterland and in eastern Westphalia, the prices for houses are significantly higher. By contrast, in the central and densely populated Ruhr region, with its predominantly older and simpler building stock, there were and still are often much more affordable homes in cities such as Dortmund, Hagen, Solingen, Mönchengladbach, Bochum, Recklinghausen, Bottrop, Krefeld, DuisburgandGelsenkirchen, as well as in the Siegerland and Sauerland regions.
Existing properties in NRW are mostly significantly cheaper than new buildings
In addition to these major regional differences in the price structure, a pronounced price gap for new and used houses of all types is also very characteristic of North Rhine-Westphalia. For example, the average cost of a newly built house rose by almost a third to just under 280,000 euros in the last decade, while in the same period prices for used houses and existing properties fell by 5 percent to an average of quite affordable 172,000 euros. Also with old or new buildings plays however the exact situation in the country the crucial role with the price development, thus for instance the average price of well 200,000 euro for already existing row homes differentiates itself depending upon region substantially, while these for example in the northern M?nsterland around the 120,000 euro to beech, can they in Aachen the budget with up to 300,000 euro load. Even larger can be the price gradient with free standing homes from second hand, the average in the country of approx. 215,000 euro is composed of so different object costs as for example relatively favorable 95,000 euro in Bünde in the east Westphalian circle Herford and proud 520,000 euro in Meerbusch in the Rhine circle Neuss.
The price gradient runs from south to north and from east to west
Currently, house prices in North Rhine-Westphalia are graded according to the respective number of square meters, as shown below: For houses with up to 100 m², the average value is a good 130,000 euros, for 100 to 140 m², this is around 210,000 euros, 140 to 180 m² cost about 250,000 to 255,000 euros and for houses from 180 m² are roughly around 395,000, in prime locations such as in expensive Düsseldorf but sometimes with 750,000 euros also almost double due. In general the so-called Rhine rail in the south of the country already mentioned above belongs to the most expensive areas for the house purchase. Thus for example for row end houses in the Erstbezug or double house halves in Duesseldorf on the average around 325,000, in Cologne approx. 288,000, at the lower Rhine approximately 281,000 and in Bonn 266,000 euro are required. One comes clearly more cheaply to the home of one's own in the Ruhr district, where prices between 250,000 and 250,000 euro are Usus, in the Eifel must one with approximately 245,000 and in the region Lippe depending upon exact situation and equipment with somewhat over 220,000 euro count.
Short facts for house buyers in North Rhine-Westphalia:
- The housing market in NRW is determined by very large regional differences
- The Ruhr area is usually considerably cheaper than the Rhineland or East Westphalia
- Prices slightly above the state average are also offered by the Eifel and Lipperegions
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