Market value property
The market value of a property reflects the sale price that is likely to be achieved on the market. It is not easy to predict this price accurately, because the value of the property can only be reliably determined during the marketing process. Anyone wishing to sell a property should always have the market value determined before the sale begins. This value is the decisive basis for determining the asking price.
The market value of a property is defined in the German Building Code (Section 194, BauGB) as the price that could be achieved on the valuation date in normal business transactions according to the legal circumstances and actual characteristics, without taking into account unusual or personal circumstances. This presupposes that pricing takes place on an open market in which all market participants have access to the market, can obtain comprehensive information, and are free to make their own decisions.
The actual market price usually exceeds the market value if the property is in high demand and enthusiasts are determined to purchase it. The market value of a property is therefore a calculated value; it cannot be determined schematically. There are always possibilities for interpretation, even for market value analyses that have been prepared at great expense.
Value analysis
Upon request, we will be happy to provide you with a comprehensive and market-driven value analysis. Your property is a valuable asset that should not fall into the wrong hands. A solid market assessment and a thorough analysis of its value should therefore form the basis of your considerations.
Our experts will be happy to help you and take care of everything!
