Costs & Process

A cancellation is generally possible; however, the client must compensate for the expenses already incurred, for example for research or a site visit already carried out. The exact conditions are governed by the terms and conditions of the engagement.

In addition to the actual fee, additional costs may arise for travel expenses in the case of greater distances, the procurement of official documents such as land register extracts, and for expedited processing in cases of particularly urgent need.

Personal presence is not strictly required, but it is advisable, as the owner can provide valuable additional information about renovations and special features of the property directly on site.

Missing documents can, in many cases, be obtained subsequently from the responsible authorities, such as the building authority or the land registry office. However, this often extends the processing time and can result in additional costs.

Of course, we also prepare English-language appraisal reports upon request, particularly for international investors, heirs residing abroad, or cross-border financing arrangements.

A high-quality appraisal report should transparently explain all methods applied, name all data and sources used, and clearly take individual property characteristics into account, rather than merely stating flat-rate values.

If new, value-relevant circumstances become known after completion, such as a previously undiscovered structural defect, the valuer can be commissioned to supplement or update the appraisal report accordingly.

The general statutory warranty rules governing contracts for work also apply to condensed appraisal reports. The client must specifically demonstrate an actual professional defect; only then do remedies such as subsequent performance, price reduction, or damages come into consideration at all.

Appraisal reports for condominiums are usually cheaper than those for single-family houses due to lower complexity, often ranging between 600 and 1,200 euros, whereas single-family houses often cost 900 to 1,800 euros.

A condensed appraisal report usually costs 400 to 900 euros, while a complete market value appraisal costs 800 to 2,500 euros or more, depending on the property. The higher price reflects the significantly more extensive documentation and evidentiary value.

Common practice is a deposit upon commissioning, usually 30 to 50 percent of the fee, with the remaining balance due upon delivery of the completed appraisal report. The exact payment terms are governed by the individual engagement contract.

For complex commercial properties with multiple tenancies and elaborate income approach calculations, preparation can take four to eight weeks, significantly longer than for simple residential properties.

In practice, delays usually arise from missing documents or contacts at the client's side who are difficult to reach. Only if the valuer significantly exceeds a bindingly agreed date without a valid reason can the contract be rescinded after a reasonable grace period.

An initial non-binding value estimate is possible online; however, a complete, court-standard market value appraisal generally requires a personal on-site inspection by us.

Bank reports usually determine a conservative mortgage lending value based on internal bank guidelines, whereas a market value appraisal of court-standard quality determines the full market value in accordance with the ImmoWertV in a verifiable, well-reasoned, and methodically robust manner.

First, you should discuss the result and the underlying assumptions with us. If doubts remain, a second appraisal report (superior expert opinion) or, in case of dispute, a judicial review can be obtained.

Yes, parties can raise objections to a court report, for example through supplementary questions to the valuer, a counter-report, or a request for a hearing or replacement of the valuer in cases of well-founded doubts.

A current valuation date is usually easier and cheaper to process, since all relevant data is immediately available. Retrospective valuations require additional research and therefore increase effort and costs.

As a general rule: the more complex the property, the higher the fee. Condominiums are usually the cheapest to value, followed by single-family homes, while commercial properties and multi-family houses are the most expensive due to their higher complexity.

No, an appraisal report is not legally required for a private sale. However, it is advisable in order to set a realistic, negotiation-proof asking price and to be able to provide buyers with a well-founded justification of value.

During the inspection, the valuer records the building structure, fittings, floor plan and any visible defects, takes photographs and measurements, and conducts a brief discussion about modernisations and special features. The inspection usually takes 45 to 90 minutes.

Useful documents include a land register extract, site plan, building plans, living area calculation, energy certificate, proof of modernisations, and, for rented properties, the lease agreement. The more complete the documentation, the faster and more precise the appraisal report.

For a market value appraisal suitable for court use, a personal inspection is generally indispensable. Only for simple condensed appraisal reports is an estimate occasionally made on the basis of existing documents and photographs without an on-site visit.

There is no statutory validity period; in practice, however, appraisal reports are generally considered current for six to twelve months. After that, an update should be carried out if significant market changes have occurred.

For rented properties, appraisal costs can often be deducted as income-related expenses in connection with income from renting and leasing. For privately owner-occupied properties, a tax deduction is generally not possible.

A real estate agent's price assessment is a non-binding, usually free market assessment to prepare for a sale. An appraisal report is a well-founded, comprehensible valuation recognized by courts and the tax office.

We are publicly appointed and sworn in by the Chamber of Industry and Commerce (IHK), have verifiable references, and prepare transparent appraisal reports structured in accordance with the ImmoWertV.

A complete market value appraisal typically costs between 0.5% and 1.5% of the property value, depending on the type of property and purpose, but often at least 800–1,500 euros for single-family homes. Condensed appraisal reports are cheaper, but often carry no evidentiary weight in court or with the tax office.