Renovation is often expensive, but can be worthwhile when selling the property due to a higher purchase price. It depends on the individual case and should be assessed in advance by a professional.
Meter-high stacks of newspapers lie on the windowsill, narrow paths lead through the clutter in the rooms, and several piles of junk are piled up in the yard. Anyone who inherits such a property has a lot of work ahead of them. But what is the best way to deal with a hoarder's property?
A hoarder's apartment is one in which rubbish has accumulated beyond normal levels. Anyone who tries to tackle the masses of rubbish on their own will quickly reach their limits. Many are too ashamed to turn to a specialist or do not know who the best person to contact is. However, quick action is required in this situation. Those affected should always be aware that they are not alone, but that the issue is simply not discussed publicly.
What should be considered during disposal?
The problem with a hoarder's apartment is that different types of waste usually accumulate: electronic waste, paper, plastic, organic waste, bulky waste, and often dead animals. Valuables, on the other hand, are rarely or never found here. Clearing out a hoarder's apartment is often also a matter of hygiene. Individual items such as furniture often cannot be reused. For a layman, it is not always obvious what is usable and what is not. Professionals, on the other hand, know what to look out for when clearing out and ensure that everything is disposed of properly.
What costs can be expected?
The costs naturally depend on the amount of rubbish. That is why a reputable company will inspect the property and the amount of rubbish to be disposed of in advance. This is the only way for the company to accurately estimate the effort and costs involved and provide you with a fair quote. On request, the clearing of the property, the disposal of the rubbish, and a basic cleaning of the property can be arranged.
Can the cost of clearing out be deducted from taxes?
As a household-related service, clearing out can be claimed for tax purposes. The costs cannot be claimed as estate liabilities in the inheritance tax return.
Is it worth selling a hoarder's apartment?
Clearing out a hoarder's apartment can easily cost tens of thousands of dollars. Some heirs cannot or do not want to afford this. They are also unsure how much the sale of such an apartment will actually yield. A local real estate agent determines the value of the property and advises heirs on whether the proceeds from the sale will cover the costs of clearing out the apartment and whether there will be anything left over.
Selling a hoarder's property with a plan: the right way to solve the problem
Selling a hoarder property is a challenge, but it is certainly possible with good results—here we place particular emphasis on individual solutions that lead to a good sale price and an increase in the value of the property.
Is your inherited property a problem property and you are unsure how to deal with it? Contact us! We will support you with our network and service providers and help you sell or rent your property at the best possible price.