Standardised methodology under ImmoWertV 2021
Valuation methods
at a glance
From the cost approach through the sales comparison approach to the income approach — we apply the appropriate method in accordance with ImmoWertV 2021 and transparently justify the choice of method in the appraisal report.
ImmoWertV 2021
All three approaches
Justification of methodology
Bank-ready documentation
Our services in the field of valuation approaches
Every property is different — and not every approach is suitable for every valuation occasion. We select the approach that complies with the relevant standard and explain transparently why.
Cost approach
Valuation based on construction costs and land value — under ImmoWertV 2021, primarily used for owner-occupied single- and two-family houses as well as special properties without sufficient comparison data.
Sales comparison approach
Market value determination by comparison with actual purchase prices of similar properties — the preferred approach for condominiums and terraced houses with a sufficient comparison market.
Income approach
Valuation based on capitalised net income — the standard-compliant approach for rented residential properties, commercial properties, and mixed-use properties where rental income determines the value.
Residual value assessment
Valuation for plots of land and development properties by back-calculation from the expected value upon completion — essential for project developers, property developers, and investors during the acquisition due diligence process.
DCF method
Valuation through discounting of multi-year cash flows and the exit value — the international standard under RICS / IVS for institutional investment properties and transaction valuations.
Standard-compliant methodology from practice
Choosing the right valuation approach is not a mere formality — it determines whether the appraisal report is accepted by authorities, courts, and lending institutions.
ImmoWertV 2021
All approaches are applied strictly in accordance with the German Real Estate Valuation Ordinance 2021 (ImmoWertV) — with complete documentation of the choice of method and the data used.
Selection tailored to the occasion
We select the approach that matches the valuation occasion and the type of property — and combine several approaches where necessary to check the plausibility of the result.
Transparent justification
Every choice of method is comprehensibly justified in the appraisal report — so that banks, courts, and authorities can review and accept the methodology.
20+ years of valuation practice
Experience from thousands of valuations across all asset classes — from condominiums to commercial portfolios — at Catella and Real I.S.
Request a valuation appraisal report
We prepare the standard-compliant appraisal report for your property — using the approach that matches your valuation occasion.
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All three main approachesCost approach, sales comparison approach, income approach
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Compliant with ImmoWertV 2021Recognised by authorities, courts, and banks
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20+ years of valuation practiceUBS Real Estate, Catella, Real I.S.
The right approach is not a matter of choice — it results from the valuation occasion, the property, and the available data.
