Get the most house for the money: What you must remember before you buy a new home

A big villa or a small digs. If you have one million dollars that you will want to put into real estate, so is there a big difference in how many square meter

Get the most house for the money: What you must remember before you buy a new home

A big villa or a small digs.

If you have one million dollars that you will want to put into real estate, so is there a big difference in how many square meters, you can buy depending on where you are at in the country.

according to new figures from the boligsitet men study.dk*.

If it is a house, you're looking for, then you can on the island get around 245 square feet for the one million, whereas the amount of Frederiksberg can be exchanged for just 18 huskvadratmeter.

But before you fall headlong into the idea of far to the neighbors, a self-sufficient backyard and almost endless amounts of space, there are also other aspects that are worth to take into account:

"The most important thing is that you think about what means the most to you, because you can rarely get all wishes fulfilled. Is central location, the most important, so it would not work to move to the skate, where you also need to take account of commuting in the budget and think about what it means for the social life, if one's circle of friends and family live far away," says Lennart Christensen, who is the director of Købersmægler.dk.

"In the end, it can result in, that the property may be sold again after a short time, if you have not been true to its priorities, but instead have been blinded by the idea of a larger home and room to romp on."

Popular or cheap

If you look at the prices around the country, there are some municipalities that are more popular with buyers than others. But even in the most expensive parts of the country, there may be money to save on "just" to jump over the municipality, informs men study.dk.

In the city of Aarhus can a million dollars buy you the 41 square meters house, but if you instead move to Randers or Syddjurs, you get over twice as much space for the money - here you can namely in the cut get 85 and 86 square meters for the same amount.

Also around Copenhagen, where one million dollars is worth 24 square meters, there is money to save to move a little further away. In nabokommunen Hvidovre gets you 32 square feet for one million dollars. And you move further out on the line, you can get twice as much house for the money, for example, if you buy in Køge Municipality, where the amount of rows to 50 square meters.

"We do not experience in the big degree "kommunesnobberi", but there are home buyers who opt out of an area, because they have a biased attitude about how "people are" in a particular area, or they are on the hunt for the status of a particular zip code can provide, says Lennart Christensen, who always advises buyers to come up with three to five criteria that are important for them when they need to act a dwelling."

"We are rarely to the judges about whether we think it is sensible criteria or not, but we can challenge them, if we have an experience of that, haven't thought well enough about. Ultimately the choice of housing very individual, and the most important thing is that boligkøberen get the best possible trade, where they now even have chosen to stay," he says to the men study.dk.

What can you get for one million dollars in your area? See it here

Updated Date: 24 November 2019, 07:00

You need to login to comment.

Please register or login.

RELATED NEWS