What does a real estate valuer do in Gräfelfing?

You can find out here: ✓ Doing valuation for your property & house in Munich correctly ✓ Tips for sellers in Gräfelfing ✓ Step-by-step guide for the Munich real estate market ✓ All procedures of valuation for real estate at a glance

This blog is a free service of VON POLL IMMOBILIEN Gräfelfing

When buying or selling a residential property be it an apartment, a house or a commercial property in Gräfelfing, Pasing and surrounding areas, the question quickly arises whether the planned price is realistic. Real estate buyers in Munich do not want to pay too much, real estate sellers, on the other hand, do not want to undercut the property value. Exactly for this helps a real estate appraisal of VON POLL IMMOBILIEN experts in Gräfelfing.

A professional real estate appraisal is an important and necessary tool in many areas of the real estate industry, whether it is now property transfer in Gräfelfing, inheritance matters in Pasing, for lending or accounting.

The definition of the valuation of a property

The real estate valuation or valuation for real estate refers to the basic process for property valuation of a developed or undeveloped land in Munich by means of a so-called comparative value method, asset value method or income value method. The procedures are subject to various regulations and are unified in the Real Estate Valuation Ordinance.

The basis of a valuation is according to § 194 BauGB the definition of the market value of a property.

How is the value of a property in Munich determined?

The Real Estate Valuation Ordinance is always the basis for the valuation in the real estate market and standardizes the various procedures for determining the asset value, income value and comparative value. However, even the Real Estate Valuation Ordinance cannot reflect in a standardized manner certain factors for, for example, individual collector's properties as well as the dynamic market events on the Munich real estate market. We therefore recommend for you to note: Your property for example in Gräfelfing is worth what another real estate buyer is willing to pay at a certain time for this.

Do you want to know the value of your own property in Gräfelfing, Pasing and surroundings in just 2 minutes? Then let us determine the current possible selling price of your property without obligation. With us you get a professional evaluation of your property. Use the exclusive property valuation of VON POLL IMMOBILIEN Gräfelfing, for you free of charge and unbinding: What is your own property worth? In 2 minutes determine the value here.

When is it worthwhile to assess the value of a property in Munich?

The occasions of a free and non-binding property value assessment of the customers of VON POLL IMMOBILIEN Gräfelfing in Gräfelfing, Pasing and surrounding areas can be of different importance:

• • - Planned real estate sale in Munich
  • - In the context of a divorce and to establish the property value for the real estate sale
  • - In the context of an inheritance settlement and to establish the real estate value
  • - To determine the property value for a loan-to-value for a bank
  • - To extend a mortgage of the property
  • - To document the current fair market value of the property for the tax office
  • - Or as a valuation basis when buying real estate in Gräfelfing, Pasing and surrounding area

Are there different methods of valuation?

The determination of a property value in Munich can be done according to three different procedures.

In the so-called property value procedure the market value of a building in Munich is derived from its production costs. The basis here are the costs that would arise from a new construction of the building. The Ertragswertverfahren hingegen finds in particular an application when the managed property in Munich is to be evaluated. The goal is to determine the sustainable achievable net income of the property.

In the comparative value procedure yet the current market value of the property on the Munich real estate market is determined, by using comparative prices of as similar properties as possible at the same time as a reference.

The most common variant for determining the property value in Munich is the comparative value procedure. For this method can be used both to determine the value of a house in Gräfelfing and to determine the value of a condominium in Pasing or a plot of land in the Munich area. For commercial real estate, the capitalized earnings method is used more frequently. Speak to this the our colleagues and experts of VON POLL COMMERCIAL Munichan.

Which criteria influence the valuation of a property?

The most important value factor of a property is and was the location. With a property, this factor is finally an unchangeable criterion. The so-called standard land value provides information about the value of land on which the property was built in Munich. In July 2021, for example, the expert committee of the state capital of Munich published current standard land values. The prices for land in Munich have continued to rise as in previous years.

Frequent rule of thumb here: In Munich regions, land prices are very valuable, so the real estate object itself takes a back seat. But of course, numerous other factors influence the valuation of a property in the Munich real estate market.

Are there rights and obligations of a property valuation in Munich?

Except for the special case of a legally arising necessity, for example, the upcoming compulsory auction, there is no obligation to a property valuation in Munich. Our customers use our free and non-binding real estate valuation service to get a better estimate of the actual property value at a given time in the Munich real estate market. The VON POLL IMMOBILIEN Gräfelfingperformed property valuation and the resulting market value of a property is thereby no guarantee that this property value at a property sale can actually be achieved. The valuation serves only as a guideline.

Who determines the value of a property?

There are various experts of the valuation of a property which are primarily based on your individual purpose of the valuation. Perhaps you need a real estate valuation for the planned sale of real estate in Munich and the surrounding area?

Whether single-family, semi-detached or terraced house in Gräfelfing, apartment or apartment building in the gräfelfinger village center or the villa on the green, whether you want to buy or sell, want a market-driven assessment by our experts and appraisers or need a comprehensive consultation around your property. At VON POLL IMMOBILIEN in Gräfelfing, you are in the best hands.

As certified experts in the field of real estate valuation, we are active for you in the area of Gräfelfing, Pasing and surrounding areas. The aim of the valuation of the property or real estate appraisal carried out by our experts is usually the determination of a realistic purchase price. So we map the market value of your property in Munich as accurately as possible.

What is your own property worth? In 2 minutes determine the value here.