Drawing up of appraisals to determine the market value of property and real estate
The market value describes the current value of a property or real estate. Determining the market value requires that numerous factors be taken into account- various ones lead to depreciation (such as immissions, site contamination, changes in usage due to political decisions, etc.) as well as those to an appreciation (for ex. geographic location)
The appraisal of property and real estate is a procedure governed by regulations which applies fundamental expert knowledge to determine the market value of developed and undeveloped
properties or real estate on a given day within the course of usual business transactions.
The professional fee for value assessment appraisals can be freely agreed upon or agreed upon according to the stipulations given in HOAI (professional fee ordinance for architects and engineers).
In HOAI, the minimum and maximum price charges for the appraisal of real estate and buildings is set according to the following table.
Price charges according to paragraph 34 of HOAI – Value assessments (table given only in parts)
|(Market) value in Euro||normal Level of difficulty||high level of difficulty|
|in Euro||in Euro|