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Real estate: what changes in the valuation of real estate – economy


From the new year on, it should be more transparent how appraisers estimate the value of real estate. But that doesn’t mean that there is only one number in the end.

from

Stephan Radomsky

What is grandma’s house actually worth? The question is important – and difficult to answer. Because you only know exactly when you have sold. But in order to get a reasonable price, you should have a feel for what is realistic beforehand. And even if you don’t want to sell at all, the bank or the tax office may be interested in the value, for example when it comes to a loan or inheritance tax to be calculated. So grandma’s house needs a price tag.

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