Valuation methods
The German Property Valuation Ordinance (ImmoWertV) provides three established valuation methods. Which method is appropriate depends on the type and use of the property, normal market practice and the quality of the available data. Selecting and applying the right method is a central part of the appraiser’s work.
What have sufficiently comparable properties actually sold for? The value is derived from suitable recorded purchase prices, comparative factors or land reference values and adjusted for relevant differences such as location, size, condition and features.
Commonly used for condominiums, owner-occupied houses and undeveloped land where suitable comparative data is available
What income can the property sustainably generate? Market-level income, operating costs, the remaining useful life and the property interest rate are used to derive a value from its earning capacity.
Commonly used for rented residential properties, investment properties and commercial real estate
What are the land and the existing building substance worth? The land value and the depreciated construction costs are combined and then adjusted to reflect conditions in the local property market.
Commonly used for owner-occupied and special-purpose properties where income or sufficiently comparable sales are not the primary basis
FAQ
Clear answers to the questions customers usually ask before requesting an appraisal.
It means the appraisal is prepared with the level of investigation, documentation and reasoning expected where the valuation may be formally reviewed or challenged. Every relevant assumption, data source, calculation and valuation decision is documented so that another professional can understand how the result was reached. It does not mean that a court is obliged to adopt the value without its own assessment.
No appraisal can guarantee that a particular authority will adopt a specific value. The report is prepared so that the valuation can be independently reviewed, with transparent documentation of the underlying data, methodology and reasoning. Where a formally evidenced market value is required, this is generally the appropriate type of appraisal.
Every Full Market Value Appraisal includes our guided digital property inspection. Depending on the property and the intended use, an on-site inspection by the appraiser may also form part of the assignment to document the property's condition and characteristics directly. We determine the appropriate scope before the appraisal is commissioned.
The appraisal determines the market value as at a specific valuation date. That conclusion relates to the property and market conditions existing on that date. If the property changes significantly, the market moves materially or considerable time has passed, an updated valuation may be appropriate.
If the valuation is only for your own planning, negotiations or internal decisions, a Value Appraisal is often sufficient. Where the valuation is expected to be formally examined, evidenced or challenged, a Full Market Value Appraisal will usually be the more appropriate choice. If you are unsure, we will discuss your intended use before you commission anything.
The required documents depend on the property and the purpose of the appraisal. Common examples include the land register extract, cadastral map, floor plans, living-area calculation, energy performance certificate and, for rented properties, lease agreements and rent information. Additional documents may be required in individual cases. We review your situation first and tell you exactly what is needed.
The timeframe depends on the complexity of the property, the completeness of the documents, whether an on-site inspection is required and the intended use of the report. Once the necessary information is available, we will give you a realistic delivery estimate before the appraisal is commissioned. Express processing may be available for suitable cases.
The appraisal is prepared and signed by a qualified property appraiser who is professionally responsible for the valuation. The appraiser reviews the available information, applies the appropriate valuation methods and documents the reasoning behind the result. You receive an individually prepared professional appraisal rather than an automated report.
Still have questions? Our team is happy to help.
A comprehensively documented market value for cases where the result may be formally examined or contested.
Request your appraisalWe review the property, intended use and available information before you commit. You receive clear guidance on the appropriate scope and the next steps.
Free and non-binding
Basics
A comprehensive valuation that determines the market value of a property in accordance with Section 194 of the German Building Code.
It establishes the price the property would be expected to achieve on the open market at the valuation date, taking its legal characteristics, condition, location and other value-influencing factors into account.
The valuation methods are not necessarily different from those used in a value appraisal. The difference lies in the depth of analysis and documentation. Every relevant source, assumption, calculation and methodological decision is recorded in detail so that the result can be independently reviewed and defended.
This makes the full appraisal suitable wherever the property value may be examined or challenged by courts, tax authorities, banks, lawyers or other parties.
The valuation and its derivation are documented in sufficient detail for courts, authorities and other parties to examine them thoroughly.
The appraiser is responsible for the result, signs the report and can explain the valuation if questions arise.
The appraiser inspects the property in person and documents its condition and relevant characteristics on site.
Property description, valuation data, methods, calculations, supporting documents and photographs are brought together in one comprehensive report.
Occasions
Whenever the value must be documented in sufficient depth for an authority, a court or another party to examine it.
A documented basis for negotiations between heirs and contested estate matters.
When the property value materially affects the settlement.
Support for proving a lower common value than the tax authority's assessed property value.
A detailed valuation for transfers whose consequences may be reviewed later.
An independently prepared valuation for cases in which the property value is contested.
Review the market value determined in the proceedings.
Occasions
Whenever the value must be documented in sufficient depth for an authority, a court or another party to examine it.
A documented basis for negotiations between heirs and contested estate matters.
When the property value materially affects the settlement.
Support for proving a lower common value than the tax authority's assessed property value.
A detailed valuation for transfers whose consequences may be reviewed later.
An independently prepared valuation for cases in which the property value is contested.
Review the market value determined in the proceedings.
Process
From your first enquiry to the signed report, we guide you through every step. You always know what happens next and when you decide to proceed.
Share what the appraisal is needed for together with the key facts about the property. The request is free and non-binding, and there is nothing to pay at this stage.
We assess the property details and intended use to confirm the appropriate scope of the appraisal. If we need more information, we contact you and discuss the next steps before you decide whether to commission the report.
Once you decide to proceed, the appraiser reviews your documents, carries out the guided digital property inspection and analyses the property using current market data and the appropriate valuation method. An on-site inspection can be added where required.
You receive the completed full market value appraisal as a signed PDF with the relevant supporting documentation and annexes, ready for its intended use.
Documents
The exact requirements depend on the property, the valuation method and the intended use of the appraisal. Complete documents help us work faster and reduce the number of assumptions we have to make.
Shows the registered ownership and relevant rights or encumbrances, such as rights of way, usufruct or land charges. It is particularly important where legal characteristics may affect the property value.
Shows the location, shape and boundaries of the plot and helps match the valued property to the official cadastral records.
Floor plans, sections and elevations help us understand the layout, dimensions and construction of the building.
Provides a traceable basis for the stated floor areas. We review it because differences in area can materially affect the valuation.
Relevant for rented properties. They document the current rental income and contractual conditions used in the income value assessment.
Provides information about the property’s energy performance and can help assess its condition, marketability and possible modernisation requirements.
Pricing
A full market value appraisal involves detailed analysis, comprehensive documentation and a fully reasoned valuation. Every report includes our guided digital property inspection. The base price is agreed before you commission the report and remains fixed afterwards.
Base price, full market value appraisal
from€1,490incl. 19% VAT
All prices include VAT. You receive a binding final price before commissioning the appraisal. No hidden charges or additional fees are added later.
Commercial and mixed-use properties generally require more work than residential properties.
Larger multi-family properties require additional assessment work.
The intended purpose of the appraisal influences the required level of documentation and analysis.
Direct comparison
The same certified appraisers, recognised valuation methods and legal foundation. The difference is how extensively the valuation is documented, and that determines which situations the appraisal is suitable for.
In short
An independently determined market value for your own decisions
Price
from €245
What you get
All services
Each appraisal answers a different question. Start with what you want to achieve and choose the service that matches your property and intended use.
Prove a shorter remaining useful life and depreciate faster
Increasing annual depreciation under sec. 7 (4) sentence 2 EStG
from€890
See the detailsA professionally determined market value in compact form
Buying, selling, private settlements and portfolio planning
from€245
A comprehensively documented market value under sec. 194 BauGB
Courts, tax authorities, inheritance matters and contested settlements
from€1,490
You are hereSplit the purchase price between land and building
Determining the depreciation basis after purchasing a property
from€249
Full Market Value Appraisal
Prepared under Section 194 BauGB using the recognised ImmoWertV valuation methods. Designed for cases where the valuation must be independently reviewed, examined or relied upon.
from€1,490incl. 19% VAT
Receive a comprehensively documented market value under Section 194 BauGB and the ImmoWertV, including the relevant analysis, supporting records and annexes. Individually prepared and signed by a qualified appraiser for cases where the result must be independently understandable and reviewable.
Free and non-binding request
We review your case before you decide
Standard delivery or expedited processing if required.
Where it stops
Not suitable for: Court proceedings, formal submissions to authorities and situations where the valuation is likely to face legal or formal scrutiny
In short
The comprehensively documented report for cases where the value must withstand scrutiny
Price
from €1,490
What you get
Where it stops
Usually more than you need for: Personal planning, ordinary price negotiations and other situations where a Value Appraisal provides sufficient detail
