This article is for general information purposes only and does not constitute legal, tax, or financial advice, nor a valuation in an individual case. Despite careful research, we assume no liability for accuracy, completeness, and timeliness. For specific questions, please consult a lawyer or tax advisor. Older content may be outdated due to changes in legislation or case law.
Market values are tied to a specific valuation date and lose relevance over time, as standard land values, interest rate levels, and the supply-demand ratio are constantly changing.
For current occasions such as sale, financing, or legal proceedings, a new appraisal report dated to the exact day is generally required. Older appraisal reports can, at best, serve as a rough point of reference.
In the event of strong market movements, for example due to interest rate changes or local new-build projects, the value can shift noticeably within just a few months.
As a rough guideline: in stable market phases, an appraisal report often remains sufficiently meaningful for six to twelve months, while in volatile market phases this period is considerably shorter.
For ongoing proceedings, such as a court case extending over several years, it is advisable to update the appraisal report as soon as the market conditions have noticeably changed.