There is a website that every potential homeowner in Israel should know about.
http://www.madlan.co.il/ tells you what properties have sold for where you're looking. It tells you the final price as well as the size of the property to give you perspective.
The next place to look is http://www.yad2.co.il/ - though these prices are often a joke (asking price), they give you an idea of what's for sale.
New or Old?
We chose to buy "second hand" for a few reasons:
1) Location - the new stuff being built in Ariel isn't near our synagogue
2) Mistakes - if you buy new, then you are responsible for chasing down the builder every time there is a problem. Builders want to build new places and make money, not fix their old problems, so unless you know the people who built your house and trust them, you are taking a huge risk.
3) Price
I then talked to a few real estate people. The first one told me there was nothing in my price range in the size that I wanted, despite the fact that I had seen plenty of things that had sold recently on Madlan. The second one showed us two places, which I'll discuss in a later post. The third I will be meeting with tomorrow.
We also got the names of a few lawyers.
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