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Old 03.09.2019, 17:27
RTN RTN is offline
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Re: Questions to ask if buying a chalet to renovate

The selling price and the valuation are two different things, the value is the land minus the cost of demolition (if possible) which can be considerable if it has asbestos in it. Doing the work yourself makes no sense if you have reasonable salaries as everything is tax deductible and DIY building supplies are limited and expensive. Also the local tax rate will add or lower the value depending if it's high or low. The idea can work but you really need to know your stuff and spending a few thousand to get someone to consult pay for itself easily.
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