What is a market value appraisal?
The market value (also: fair market value) is the price that could be achieved in the ordinary course of business, given the legal circumstances and actual characteristics of a property — without regard to unusual or personal circumstances.
A market value appraisal pursuant to § 194 BauGB is the most comprehensive and legally robust valuation instrument in Germany. It is prepared to court-recognized standards and is therefore the instrument of choice for all official purposes involving courts, tax authorities, banks, and public authorities.
"The market value is determined by the price that could be achieved at the time to which the valuation relates, in the ordinary course of business, based on the legal circumstances and actual characteristics, the other attributes, and the location of the property, without regard to unusual or personal circumstances."
— § 194 sentence 1 German Building Code (BauGB)
What distinguishes a complete appraisal report?
- ✓Personal inspection by the valuer
- ✓Analysis of all value-relevant characteristics
- ✓Application of all three valuation approaches pursuant to ImmoWertV
- ✓Market and location analysis with current comparative data
- ✓Traceable justification of each value approach
- ✓Personal explanation of the results included
Market value appraisal
- Personal inspection
- All 3 valuation approaches
- Court-recognized
- Recognized for tax purposes
- Delivery within 10–15 business days
- Personal explanation included
When do you need a market value appraisal?
A full appraisal report pursuant to § 194 BauGB is always required when a legally robust proof of value is needed — by courts, authorities, or financial institutions.
Purchase&Sale
Legally robust basis for negotiation based on the actual market value
Inheritance&Gift
Tax-recognized valuation as proof of value to the tax authorities
Divorce & equalization of accrued gains
Neutral valuation as the basis for the equalization of accrued gains
Court proceedings
Court-recognized valuation for family law and inheritance law disputes
Bank financing
Bank-compliant valuation as the basis for lending and mortgage approval
Tax optimization
Proof of a lower market value compared to the tax authority's assessed property value
Due diligence
Reliable basis of value for real estate transactions and portfolio valuations
Statutory entitlement
Valuation as the basis for calculating inheritance and compulsory portion claims
The three recognized valuation approaches
Pursuant to ImmoWertV, we apply all three approaches depending on the property type and weight them appropriately to determine the market value.
Sales comparison approach
Valuation based on actually achieved purchase prices of comparable properties. Ideal for condominiums and single-family homes in liquid markets.
→ Learn moreThe process of your market value appraisal
Free initial consultation
In a personal conversation, we clarify the valuation occasion, property type, and the required scope of the appraisal report. You receive a binding fixed-price offer — transparent and with no follow-up costs.
Documents & Order placement
You provide us with the available documents (land register extract, building description, floor plans, lease agreements). We work together with you to obtain any missing documents from the land registry office or the municipality.
Personal property inspection
Tobias Streckel personally inspects the property. Building fabric, location, fittings and all value-relevant characteristics are systematically recorded and documented with photographs.
Market & location analysis
Evaluation of current market data, purchase price collections from the expert committees (Gutachterausschuss), standard land values and regional market reports. Analysis of the macro- and micro-location as well as market-influencing factors.
Valuation in accordance with the ImmoWertV
Application of all relevant valuation methods (sales comparison, income and cost approach), appropriate weighting and derivation of the market value with a complete, comprehensible rationale.
Handover & personal explanation
You will receive the completed appraisal report as a bound copy and as a PDF. In the final discussion, we explain the methodology and the result to you. If required, we also represent you before authorities, banks and courts.
Frequently asked questions
What does a market value appraisal cost?+
The fee is based on the market value determined by the valuer (fee schedule as of June 2026). For typical residential properties with a market value of up to EUR 500,000, the fee is EUR2,900 net plus 19 % VAT, and for smaller properties starting at EUR 1,500 net. Surcharges of 20–50 % apply in cases of special complications (leasehold, right of residence/usufruct, listed building status, missing documents). You will receive a binding fee quote following a free initial review — always before commissioning.
How long does preparation take?+
Delivery time is generally 10 to 15 working days from receipt of complete documentation and completion of the property inspection. In urgent cases — e.g. for ongoing court proceedings or official deadlines — please contact us directly.
Will the appraisal report be recognised by the tax office?+
Yes. A market value appraisal in accordance with § 194 BauGB (German Federal Building Code) can be submitted to the tax office as evidence if the actual market value is below the officially determined property value. This is particularly relevant in cases of inheritance and gifting and can lead to significant tax savings.
What is the difference to a condensed appraisal report?+
The condensed appraisal report (starting at EUR 1,200 net, depending on property type) is a compact market value analysis for private decisions — sale planning, price check, initial overview. It is not suitable for official purposes. The market value appraisal (starting at EUR 1,500 net according to the fee schedule) is the complete, legally robust instrument in accordance with § 194 BauGB, prepared to a standard suitable for court proceedings, intended for courts, tax offices and banks.
Do you prepare appraisal reports nationwide?+
Yes, we prepare market value appraisals nationwide. For properties outside the Munich/Bavaria region, any travel costs incurred are transparently disclosed and communicated in advance — always as part of the binding fixed-price quote.
Can I submit the appraisal report in court?+
Yes. The market value appraisal in accordance with § 194 BauGB meets all formal requirements for a private expert report and can be submitted as evidence in court proceedings. On request, we also provide the expert opinion to the court and support during the hearing.
Ready for your market value appraisal?
Receive a personal fixed-price quote within 24 hours — free of charge and without obligation.
