GermanyThe article discusses the economic benefits of renovating older homes, particularly those built between the 1970s and 1980s, which often have good structural quality but lack modern energy efficiency standards. Yama Mahasher, a real estate consultant, argues that improving energy efficiency through measures like insulation and heat pumps can increase property value, shifting the focus from 'location, location, location' to 'location, location, energy.' A report by real estate firm Colliers supports this view, indicating that properties in moderate energy classes (D, E, and parts of F) could see significant price increases after renovation. However, experts caution that renovations require careful planning and are not automatically profitable for all older homes. The article highlights both the potential financial rewards and the challenges involved in such projects.
Bias read (Center): The article presents a balanced discussion of the pros and cons of renovating older homes, citing expert opinions from both industry professionals and real estate analysts. It does not take a clear ideological stance but rather provides factual information on market trends and investment strategies.
