Condominium on the 2nd floor

English translation

According to the appraisal, without an internal inspection: condominium in a residential and commercial building on the 2nd floor comprising hallway, kitchen, bathroom, WC, living room, children's room, study, bedroom; living area (per the declaration of division, Teilungserklärung) 99.58 m², original year of construction: 1897, partial reconstruction in 1953, partial reconstruction in 1962; below-average structural condition; increased modernisation, maintenance backlog and need for renovation. There is an entry in the City of Hagen's register of suspected contaminated sites (Altlastenverdachtsflächenkataster); a gasworks operated here from 1856 to 1895. The valuer concludes that the property being valued will not be replaced by a new building in the coming decades, which would incur costs in relation to the suspected contamination. The suspected contamination only becomes relevant if the plot undergoes a new use. However, should future construction work require subsoil works, further investigations will be necessary. A separate contaminated land report was therefore not obtained.