Platinum Market Watch by Niki Thomet Q4 - Flipbook - Page 10
Platinum Coast
Residential Market Report
Real Estate Prices in the Zimmerberg Area: The Left Shore of Lake Zurich Outperforms the Market
Price Trends on the Left Bank of Lake Zurich: Some Homeowners Are Sitting on a Hidden Treasure
Nonlinear. This key statistical term aptly describes the recent trajectory of single-family home prices along the left bank
of Lake Zurich.
In our day-to-day business, we clearly see that the 0.2% increase in condominium prices reported by Wüest Partner for the region
in the past quarter must be viewed strictly as an average. Price growth is not uniform across all municipalities; currently, properties
in Horgen and Wädenswil are benefiting the most. At the same time, even in these markets, certain homes are experiencing price
stagnation - or in some cases, slight declines. This primarily affects properties requiring renovation. The reason: with the
elimination of the imputed rental value tax, older properties no longer offer tax advantages, as value-preserving renovations and
energy-efficiency investments are no longer tax-deductible. In addition, many buyers consider the benefits of new construction
- modern floor plans, customizable interior finishes, and state-of-the-art building standards - well worth the approximately 20%
premium in price per square meter.
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