We prepare the condensed appraisal report at a fixed price. The complete market value report is billed according to the fee schedule; the determined market value is decisive. Separate fixed prices apply to appraisal reports commissioned by authorities. The current fees can be found in our Fee Schedule.
The price difference is usually smaller than many expect – the decision should therefore be based not on the price but on the intended purpose: as soon as the tax office, a court or a bank is to recognise the result, there is no way around the full appraisal report.
A condensed appraisal report is usually limited to a rough value estimate without the full application of all three valuation approaches and without a detailed written justification.
The full appraisal report, by contrast, documents all calculation steps, applied methods, and data sources completely, which is regularly a requirement for courts, tax offices, and banks.
Anyone unsure which type of appraisal report is needed should inquire in advance about the exact requirements from the intended recipient, such as the tax office or court.
A condensed appraisal report is particularly suitable for situations where no legal binding force is required, for example for an initial assessment prior to a sales discussion with the estate agent.
If a full appraisal report is subsequently required after all, data already collected from the condensed appraisal report can partly be reused, which generally reduces the additional costs.
Please note: the content of this article is provided for general information only and does not constitute legal, tax, financial or investment advice. It is not a substitute for individual advice from a licensed lawyer, tax adviser or financial adviser. Despite careful research, we accept no liability for the accuracy, completeness or currency of the information provided. For specific legal or tax questions, please consult a qualified professional adviser.
