Personal video meeting via Microsoft Teams – book your preferred slot now.
Phone consultation – conveniently pick your preferred slot.
Professional valuation – fast, discreet and court-standard.
General inquiry via our contact form.
Cabinet decision of 29 July 2026 – implications for photovoltaics, wind lease payments and valuation
Read moreArable land, grassland, farmsteads and operations – methodology, leasehold and special cases in valuation
Read moreAnyone valuing real estate in Germany works on the basis of § 194 BauGB and the ImmoWertV. Anyone conducting valuations for international investors, banks or listed property holders will encounter two further sets of standards: the Red Book of the RICS and the Blue Book of TEGoVA. Both were published in fundamentally revised editions in 2025. This article outlines what the two standards govern, how they differ, and when they actually become relevant in German valuation practice.
Read moreThe remaining useful life describes the period during which a building can continue to be used economically under ordinary maintenance. It significantly influences both the age-related depreciation in the cost approach and the multiplier in the income approach.
Read moreThe central legal bases are § 194 of the German Building Code (BauGB) (definition of market value), the Real Estate Valuation Ordinance (ImmoWertV) for the methodological implementation, and the Valuation Act (BewG) for tax-related valuation occasions such as inheritance and gift.
Read moreThe Real Estate Valuation Ordinance (ImmoWertV) governs nationwide which procedures and principles are to be used to determine the market value of land and buildings. It is the central methodological basis for every market value appraisal.
Read moreThe market value is determined in accordance with the German Real Estate Valuation Ordinance (ImmoWertV) using one of three standardized methods: the sales comparison approach, the income approach, or the cost approach. Which method is applied depends on the type of property, its use, and the available data.
Read moreThe standard land value is an average location value per square meter of undeveloped building land, published annually by the expert committee (Gutachterausschuss). It forms the basis for land value determination and thus a key component of the market value.
Read moreIn the sales comparison approach, the value of a property is derived from actual purchase prices achieved for comparable, already sold properties. It is particularly suitable for condominiums and single-family houses with sufficient comparable data.
Read moreThe income approach determines the value of a property based on the sustainably achievable rental income less operating costs, capitalized using a land interest rate (Liegenschaftszinssatz). It is used primarily for let multi-family houses and commercial properties.
Read more
