Processes of a value update

A value update is the process of updating the value of a property or real estate portfolio. In Stuttgart, where the real estate market is constantly changing, this is essential in order to correctly assess the current market value. Aspects such as market trends, changes in the environment, the condition of the property and legal changes all play a role.

Purpose of the value update

In Stuttgart, a value update is very important for owners, investors, banks and insurance companies. It is used to determine the current market value for sale, purchase, refinancing or insurance purposes. An up-to-date valuation is also essential for accounting and tax purposes in order to ensure an accurate asset valuation.

Carrying out a value update

The preparation of a value update in Stuttgart requires a comprehensive market analysis and consideration of current real estate trends. Experts assess the property according to its location, size, condition and features and compare it with similar properties on the market. They also check whether there have been any significant changes to the surroundings or the property since the last valuation.

Necessary documents for the value update

Various documents are required to carry out a value update in Stuttgart: the last valuation report, current land register extracts, dimensioned floor plans if construction work has taken place, building descriptions, information on renovations or modernizations, rental agreements and energy certificates. These documents enable a precise and market-driven valuation of the property.

Who is authorized to carry out a value update?

In Stuttgart, value updates may only be carried out by certified real estate experts or qualified real estate appraisers. These experts have extensive knowledge of the Berlin real estate market and are familiar with the latest valuation methods. Their qualifications and experience ensure an objective valuation in line with the market.