ts 1e – valuer´s profession and real estate taxation „ipc...

1TS 1E – Valuer´s Profession and Real Estate Taxation; Dieter Kertscher: Transparency with the Online-Real-Estate-Price-Calculator in Lower Saxony (3221)

FIG - Working Week 2009 in Eilat/IsraelTS 1E – Valuer´s Profession and Real Estate Taxation

Transparency with the Online-Real-Estate-Price-Calculator inLower Saxony (3221)

Dipl.-Ing. Dieter KertscherHead of Agency for Geoinformation, Land Development and Management

of Real Estate Braunschweig (GLL Braunschweig)

Member of Advisory Committee for Valuation of Real Estatein GLL Braunschweig/Lower Saxony/Germany

Chair of Working-Group 6 „Valuation of Real Estate“ from DVW(Deutschen Verein für Vermessungswesen e.V. – Gesellschaft für

Geodäsie, Geoinformation und Landmanagement) in Germany

Member of Commission 9 FIG (Fédération Internationale des Géomètres) „Valuation and Management of Real Estate“

Lower Saxony„IPC“

North-RhineWestfalia„VBORIS“


1. Law and Organisation of Valuation in Germany: Advisory Committees and private Valuers

2. Digital Purchase Prices Collections and theAnalysis

3. Standard Ground Values – derivated annual4. Reports of Real Estate Markets – derivated annual5. The best German Way to find Market Values:

Comparison Method with Conversion-factors 6. Looking in Today and in Future: The new Online-

Price-Calculator for Standard-objects and Presentation in Internet for everbody, for all user !! And the German Project „VBORIS“

Structure of my Paper: 6 Points


Aim of our works:Providing Transparency in Markets of Real Estate:


Immovables-Price-

Calculatorin

Lower-Saxony (Germany)

„IPC“

The youngest Online-Product of Avisory Committees in Lower Saxony:

Calculate the Price of your Property


Rough Valuation and Precision Works of build-on / developed properties, of „Standard-Objects“


Point 1:

• Law and Organisation of German Valuation,

• Advisory Committees and private Valuers

• Purchase Price Collection


• § 194 Federal Building Code (BauGB): With Definitions

• „Verkehrswert“

• (Market Value)

• WertV

• WertR

Law in Germany

Legality - the base by law and following instructions


The Law – base ofthe officialValuation inGermany

Essential task:

ProvideTransparencyfor all markets ofReal Estate byPurchase PriceCollections


Gutachterausschuss für Grundstückswertefür den Bereich desLandkreises Northeim

Geschäftsstelle beimKatasteramt Northeim

Independentvaluers Valuation committees

Approx. 50 000 Approx. 300

Valuation of Real Estate in Germany


Purpose of all valuations in Germany =Establish transparency for everybody

for each property market

Base:All contracts of sale

In Germany about 1 Million contracts per annum1.000 to 15.000 per valuation board

Products of valuation committees (1)and independent valuers (2)

1960 1976 1990Since:

Price contour maps,yearly

Expert opinion on marketvalue of a

special object

Report on the localmarket with all

important informations,yearly

(1) (1) (1)(1)+(2)

The officialValuation ofReal Estatein Germany –

the base andall products


1. Law and Organisation of German Valuation, Advisory Committees and private Valuers, Purchase Price Collection

2. Digital Purchase Prices Collectionsand the Analysis

Point 2:


Valuation of Real Estate in Germany

ValuationCommitees

Indepen-dent

Valuer

Purchase Price Collections Basical Law in whole Germany

The key: At this side„Data Protection“ !!!


Purchase prices

Specialcircum-stances

Personalcircum-stances

Arrange intokinds of real

estate

Characteristics ofArrangingContract Valuation factors

Elementary particle Elementary particle Elementary particle

Buildplots of land

Unbuildplots

of land

Owner-occupied

flat

Agriculuturaland forest

plotsof land

Otherplots

of land

Purchase Price Collection


Influential characteristics on market value

The 4 characteristicsmainly influence the

property market

location Realcharacter-

istics

legalcharacter-

isticsEconomiccirum-

stancesMarketvalue


Evaluation of contracts of saleSupplimentation remaining influenceslike living space, sanitary facilities, .......

Collection of contracts of Sale for a build on Real Estate


Collection of Contracts of SaleRegistration of the selled built object in 3 files

File card with pictureIndex card in the map

1960

2000/Todaydigital

1960 Today: digital

The first steps


First steps in 1961 in Lower Saxony withthe automatically managed PurchasePrice Collection

Purchase price

Location Size Date of selling


Place for a picture

More-family-house Number of apartments


„Automatisierte KaufpreisSammlungNiedersachsen (AKS)“

AKS isrunning

and running

and runninglike the VW, constructedin LowerSaxony too

The automate „Purchase Price Collection“ in „Lower Saxony“

- a very sucessfull story -starting in 1961 - and is runing well today


AKS only in Lower Saxony !!- Is only made to use for her own (= individual

solution !)- Made from Lower-Saxony to use by Lower-

Saxony - Using by Advisory Committees only- Constructed with strong individualisme- Using academic knowledge from TU Hannover- In particular from Professor Werner Ziegenbein- Realized in 1994 for all Advisory Committees in

Lower Saxony- Temporary used by several of the 16 Federal

states


Geoinformationssystem „ArcView“

Presentation of all Prices of Property of Real

Estate in „AKS“Digital site plan – product of „AKS“


1. Law and Organisation of German ValuationValuation Committees and private Valuers


3. Standard Ground Values – derivated annualby Advisory Committees

Point 3:


Official„Standard

GroundValues“

Presentationin maps annually–

in different typs –Printed, on CD/DVD

and in Internet


L a n d , z o n e d fo r d e v e lo p m e n t

A g r ic u l t u r a l p lo ts o f la n d

„Standard Ground Value - Maps“

€/m²Quality

€/m² andQuality

The annual map of recommended approximate values of land


Wolfenbüttel


Standard GroundValues „Residental Sites“ in wholeGermany - in 3D

Maximum: Stuttgart and Munich


Standard Ground Values for Buisiness/Commercial Properties:

Marketplace: Marienplatz, Centre in Munich


The Highest Standard Ground Values we found in Munich for today:

47 000.- Euro / squaremeter: „Marienplatz“

Floor-Space-density


Some of 16 German Countries in Germany are ready for online mode – next will follow soon.

„The Annual StandardGround Value Map“ -Internet-Presentation


Enter URL

Click: Start - Einzelauskunft

Standard Ground Values Presentation in Internet

www.gutachterausschuesse-ni.de

Startpresentation


1. Law and Organisation of German ValuationAdvisory Committees and private Valuers


3. Standard Ground Values – derivated annual

4. Reports of Real Estate Markets – derivatedannual by Advisory Committees

Point 4:


„Market Report“Report of the local market with all important informations to 01. January

Lower Saxony1 GLL


... for all typs you must know

Evaluated objects ...


„Market Report“Report of the local market with all important informations

Contracts of sale = Statistics

Houses -all typesCondo-

miniums

Agriculturalland

Building plots


Price development of Real Estateindividual for one-family-houseshere presented for Berlin

Index of Price

Building Costs

Rental income

Inde

x

Vis

itof

J.F

. Ken

nedy

in

Ber

lin Ber

liner

Con

tract

s

Öil-

Cris

is

Eco

nom

iccr

isis

Eco

nom

iccr

isis

Fall

of th

eW

all i

n B

erlin

Reu

nion

in G

erm

any


Average Valuesfor One-Family-Houses

Only and special forLower-Saxony

2004/2005

Extract from „Market of Real Estate“in Lower Saxony 2005

Hannover

Braunschweig


Pyramid of Prices of One-Family-Houses

Report of Real Estate Market in Lower Saxony


Conversion - Coefficients for different living-spaces

100.00 130.00 160.00 190.00

Living space m²


Gutachterausschüsse für Grundstückswerte für die Bereiche

Landkreis Göttingen Stadt Göttingen

Grundstücks-marktbericht2003

Berlin 99 Bremen 06Berlin 06 Magdeburg 06Chemnitz 97 NiedersachsenDeutschland deutsch Deutschland englisch

Reports of Real Estate

This is the first Reportof whole Germany –produced byEuroHypo

In English !!




3. Standard Ground Values – derivated annual4. Reports of Real Estate Markets – derivated

annual5. The best of all German Ways to find out

Market Values: Comparison Method withConversionfactors

Point 5:


Valuation of build on / developed properties


Valuation of build-on Properties in Germany

Write „Expert Opinion“,for example: 1000 Euro fee

The expensive, the extravagant solution:

The daily works of Experts of Valuation


1. Comparable method of valuation(„Vergleichswertverfahren“)

2. Income approach to valuation(„Ertragswertverfahren“)

3. Depreciated replacement coast approach orAsset value method („Sachwertverfahren“)

„the best !!“

German Valuers knows 3 Methodsto find out the Market value of a build – on property,written down in German Law:



The very best Strategy: Comparable Method

Comparable objects - digital pictures, registrated in the Perchase Price Collection

Digital „Site plan“ withall comparable objects:- Yellow: Picture existing- Red: No picture prepared

Registrationnumbering

Location of all objects



Looking for e.g. 15 best comparable objects in the whole region withcharacteristics near the valuation object (mostly 300 to 6oo contracts in one year)

Looking for e.g. 15 best comparable objects in the whole region withcharacteristics near the valuation object (mostly 300 to 6oo contracts in one year)

Strategy of Comparable Method

Strategie der Strategie der VergleichswertberechnugVergleichswertberechnug

?? Distance between both

objects

Distance Distance betweenbetween bothboth

objectsobjects

Original-Purchase price

€/m² living space

OriginalOriginal--PurchasePurchase priceprice

€/m² living space

Transformation to levelvaluation

object

Transformation to Transformation to levellevelvaluationvaluation

objectobject

Comparable-factorComparableComparable--factorfactor

= Wanted Value of the

Valuation object

= = WantedWanted ValueValue of of the the

ValuationValuation objectobject

X Living-spaceX X LivingLiving--spacespace

Reduction,

Extra pay

ReductionReduction,,

Extra Extra paypay


Carry out a spot check for an „Expert opinion“:The best 15 comparable objects with there 9 characteristics are be found by AKS and are written down

Valuationobject

Comparableobjects 1

23

15

Look: „Data-protection is kept“ !! Only „Municipality“is written

= MeanValue !!

Result: 887 X 168 = rd. 149 000 Euro = Wanted Value of valuation object !

Living-size


Report of Real estate marketInfluential factors and their quantity of influence

5 characteristics are influencial on market value of real estate:-Year of construction-Living space-Furnishing of the building and-Dimensions and plot and-Site, location

Example of use:In red in graphics

One-family housesin region Landkreis Musterort, written down in €/m²-living-space of an object to a deadline of 01.01.2003

Value-level for an object with130 m² living-space, 830 m²site and of middle Furnishing

Correlation between otherliving-spaces

Differences in furnishing, workflow and so on will guideto values of more and less

max. +/- 20 %

Object: Constructed: 1975, Living-space: 100 m², Furnishing: normal, Dimension of plot: 830 m², Value of plot: 60€/m² withoutdevelopment

Look right into grafics: ca. 1850,- €/m² * Factor 1,16 * 100 m² living spaceComparable Value:

round 225.000,- Euro

Pre

is /

Woh

nflä

che

[€/m

²]

2000

1500

1000

Wohnfläche m²100.00 130.00 160.00 190.00



2. Digital Purchase Prices Collections and the Analysis3. Standard Ground Values – derivated annual4. Reports of Real Estate Markets – derivated annual5. The best German Way to find out Market Values:

Comparison Method with Conversion-factors6. Looking for Today and in Future: Writing an Online-

Price-Calculator for Standard-objects and present itin Internet for everyone, for all usersHere: For build-on Objects !!!We have seen a solution with „BORIS“, realized for NRW (Presentation Wanzke this day)

Point 6:


1960 1980 2000

Technological development

Internet, e- and m- Commerce

Networking GIS - Support

Electronic data processing

Stage 3:Network andGIS - aidedevaluations

Stage 2: Switch toComputer - based

evaluations

Stage 1: AnaloqueManagement of the

schedule of purchaseprices

Online-Products

e.g. Online - Informations

Digital products:

- Presentation of purchase prices

- Digital maps of recommendedapproximate values for land

- Digital "Reports on Local RealEstate Markets"

- Digital expert opinion of market value

Analoque expanded products:

- Index card

- Map of purchaise prices

- Reports on Real Estate Markets

- Special analysis of local markets

Analoque Products (Paper-based):

- Index card

- Map of purchaise prices

- Map of recommended approximatevalues for land

Time / Years

Situation of public-authoriy Valuation in Germany, specially in Lower-Saxony

Survey of Stages of Development during the last 40 years:Valuation of Real Estate: The German Approach


Main-Functions

Choose AdresseExtract of Map

with Valuation Object

A short view to North Rine Westphalia and to the Product BORIS.NRW

First step, Standard Ground Values in Internet, the same like Lower Saxony (one year later)

Description of Parcel


Informations about Values of Standard-houses via Internet inNorth-Rhine WestphaliaIRIS.NRW

Target: Average Values of site for

• One- and two-family-houses• Condominiums• More-family-houses• Row houses

Pilot-project in NRW


Aim of research: 10 transactions or more !!Not found 5 transactions:

No information !!

Allg. Preisauskunft: Eingabe

Informations about prices of condominiumsfrom Purchase Price Collection


• vom Browser

• als PDF-Dokument

• oder als Karte

gratis

ca. 75 800 Euro

IRIS-NRW


BORISplus – Inquiries of Price-level

ETW-

Con-domi-niums



View in future:

One entrance in whole Germany: BORIS.Deutschland


VBORIS

• VBORIS-Modell is GDI-conform

• Link up to a network, named:

• Bodenrichtwertinformationssysteme der Bundesländer and their network (VBORIS)

• Integration with other products of AdvisoryCommittees are intendet (Report of Real Estate, Influancial factors, ...)

(Vereinigtes BodenRichtwertInformationsSystem)

German-wide tuning in an ADV - Project

Outlook of all 16 Countries in Germany:


Immovables-Price-

Calculatorin

Lower-Saxony

(Germany)

„IPC“

The youngest Online-Product of Avisory Committees in Lower Saxony:

Calculate the Price of your Property


Expert-Opinions

... And now: A new Way to provide Transparency in Real Estate Markets -Something like „BORIS“ in NRW ...

Report of Real EstateStandard Ground Values(Maps, DVD, Internet)

Products of Advisory Committees of Lower Saxony


LOGINbyStandardGroundValues allthe time:

1. Banken

Who will be the users for „IPC“? We think, like users of Standard Ground Values in Internet?

2. Administrative Bodies

= 80% !!


A rough Calculationof Market-values of One-Family-Housesand Condominiums…

… based onModels of the localAdvisory Committeesof Valuation

Projekt 2006 in Lower Saxony (Germany)


Modell ?no

One-Family-Houses Condominiums/Appatments

Living space: m²Year of

Construction :

Formulas of Regression Condominiums and One-Family-Houses

Limits of Modells (Margins)

Depositing of Modells with Standard GroundValues

Für diese Immobilie gibt es keine ausreichenden Vergleichsdaten. Daher ist eine Schätzwertermittlung leider nicht möglich.

Weitere Auskünfte zu Grundstückswerten erteilen Ihnen gerne die Geschäftsstellen der Gutachterausschüsse in Niedersachsen. Sie können sich für diese Immobilie an die folgende Adresse wenden:

yes

Office of AdvisoryCommittee-

Kontact to Object of Valuation

Office of AdvisoryCommittee-

Kontact to Object of Valuation

...

With

influence-factors

of Location

and other

simple factors

will be

checked up,

wether a

Solution is

possibleStandardizied Influencing Factors are possible:Location, Time of Valuation, Living size, Year of Construction, Squaremetres of plot,other Influence factors must be normed !

Result: Nothing comparable found =No Result !!!!


Schätzwert der ImmobilieOrt ….. Straße …. Hausnummer ….

Office - ContactOffice - Contact

Der Schätzwert bezieht sich auf eine Immobilie in der oben angegebenenLage mit folgenden Daten:Immobilienart : Ein- bzw. Zweifam.haus

oder Eigent.wohnungBaujahr: …………………Wohnfläche: …………………Bodenrichtwert: ………………( bei Ein- /Zweifamilienhäusern:durchschn. Grundstücksgröße: …… m² )Wertbeeinflussende Besonderheiten des Grundstückes, des Gebäudes oder der Wohnung (z. B. Schwimmbad, Luxuseinrichtungen etc.) sind nicht berücksichtigt. Sie können zu einem erheblich anderem Wert führen.

220.000 €

Gutachterausschüsse für Grundstückswerte Niedersachsen

Ihr Ansprechpartner in der Nähe der Immobilie:

Charge, fee: round about 20 Euro per question (like NRW)

Example


Products of Advisory Committees in Lower Saxony

New Product since 2007:Immobilien-Preis-Kalkulator („IPK“) –named here „IPC“

Inquiries-System forBuild-on properties

Kriterions to find out Transparency of Market-Values ?

Availability

User-friendly

Simple

Price/Output

Global, overall


Construction and Function of „IPC“

No Marketvalue!Influancial Factors for Calculation

Inquiries of Price-Level of Residental-houses (Standard-typs)

(EFH, DHH, ETW, RH / Fee: 19,90 €)

Price-level1. Year of construction

2. Living space

3. Location = Ground Value

4. Size of parcel

These are the 4 most influancial factors all the time in valuation of Real Estate in Germany


Daten

Daten

OGAOldenburg

Daten

Daten

DatenDaten Daten

Regressions-datensammlung

14 Adisory Committees

Regressionsanalysesmathematical-statistic

Analysis

Joint Datesin OGA Oldenburg

Web-Applications

Advisory Committeeof Lower Saxony

Without one central Advisory Committee there is no chance to do these works!!!!!



Possibilities of Application

Homogeneous parts of market: • One-family-house • Twin-houses• Row-houses• Condominiums

A-Street

Not use for Special-objects!

No consideration specialinfluances!


Great Resonance inPress Review !!!!!!!!


Resonance

Statistik „IPC“ in feedless time of testing

Visitors/ Login= 150/day and more


Normally – multiple RegressionSeveral variables distinguishing marks influence the defined target.All of the variables are looked on closer inspection at the same time and

analysed simultan

Regressionsanalysis

Target:

Living sizeYear of con.

LocationTime of sale

Influancal factorsEURO/square


Vergleichsfaktoren für Ein- und Zweifamilienhäuser in Abhängigkeit von Lage und Baujahr

Landkreis Nienburg

400

600

800

1000

1200

Baujahr

€/m

2 Woh

nflä

che

BRW 10 €/m² 550 650 770 875 950

BRW 30 €/m² 610 725 870 975 1050

BRW 50 €/m² 710 830 970 1075 1150

1950 1960 1970 1980 1990

Korrekturfaktor bei abweichender Wohnfläche

0,70

0,80

0,90

1,00

1,10

1,20

1,30

1,40

80 100 120 140 160 180 200 220

Wohnfläche in m2

Kor

rekt

urfa

ktor

Results of yearly anlysedMultiple Regressions arepresented in Reports of Advisory Committees –standardizied for thewhole country and related to

-Year of construction, - Location (in form of Standard Ground Values) - and Living space.

Construction and function of „IPC“


Nachweisbar nehmen fünf Merkmale Einfluss auf den Wert derartiger Grundstücke: Baujahr, Wohnfläche und Ausstattung des Gebäudes sowie Größe und Lage (in Form des Bodenrichtwertes) des Grundstücks.

Anwendungsbeispiel

Freistehende Ein- und ZweifamilienhäuserIm Bereich des Landkreises Musterort, angegeben in €/m²-Wohnfläche des Objektes zum Stichtag 01.01.2003

Wertverhältnisse für ein Objekt mit 130 m² Wohn-fläche, 830 m² Grundstücks-fläche und mittlerer Ausstattungsqualität

Umrechnungskoeffizienten für abweichende Wohnflächen

Abweichungen in Ausstattung und Unterhaltung führen zu Mehr-oder Minderwerten von bis zu 20 %.

Objekt: Baujahr 1975, Wohn-fläche 100 m², Ausstattung normal, Grundstücksgröße 830 m², Bodenrichtwert 60€/m² ohne Erschließung.

Nach den Grafiken: ca. 1850,- €/m² * Faktor 1,16 * 100 m² WohnflächeVergleichswert: rund 225.000,- €inkl. Bodenwert

Pre

is /

Woh

nflä

che

[€/m

²]2000

1500

1000

Wohnfläche m²100.00 130.00 160.00 190.00

Example in Market-Report:


31 2

31 2

1 2

1 2 3

1 2 3

1 2

1

DZ D D

BB B

L L

EE E ED D D

EE EB B B

E EL L

Zielgröße A K DATU K DATU K DATU

K BAUJ K BAUJ K BAUJ

K LAGE K LAGE

K

= + ⋅ + ⋅ + ⋅ +

⋅ + ⋅ + ⋅ +

⋅ + ⋅ +1 2

1

2

1 : Regressionskoeffizient i der Einflußgröße j

E : Exponent i der Einflußgröße j

: Absolutglied

F F

W

E EF F

EW

ij

ij

FLAC K FLAC

K WOFLK

A

⋅ + ⋅ +

⋅

Calculation of „multiple Regressions“(Formular-Example: Refering to a special Condominium in Region of Wolfenbüttel)

Year ofConstruc-tion

Standard Ground Value

Living space

Ground size

Target =

Time of Valuation



Dates from Market-Report of Advisory Committee


Put in the Adress

MakeInquiriesfor build-up-objects.Start

www.gutachterausschuesse-ni.de

Start

Presentation

Opening Presentation:


Example IPC I


Example IPC II


Example IPC: Step 1


Example IPC: Step 2


Example IPC: Step 3


Example IPC: Step 4


Example IPC: DetailsAuskunft über das Preisniveaueiner Immobilie mit folgenden Daten:

Objektart:Reihenhaus/Doppelhaushälfte

Bodenrichtwert:155 €/m², MI g III

Gemeinde:Osnabrück, Stadt

Baujahr:1960

Straße:Natruper Straße

Wohnfläche:100 m²

Grundstücksgröße:166 m²

Das mittlere Preisniveau der Immobilie beträgt: 110.000 €


Summary „IPC“• With IPC you will find informations about level of prices of

standard-objects of residental buildings: • Free standing One-Family-House (and Two-Family-House)• Row-Houses and • Twin-Houses • Condominiums • Written-down dates/grafics from the Valuation-Report

(analysed with all prices of real estates from the Advisory Committees) are prepared:

• in Online-Station• possible for Standard-Objects without specific qualities

• Target are not MARKETVALUES, but rough values• Free for everybody in Internet – Fee: 19,90 Euro


Online-Offer of the 16 German Countries

*NurOnline-Antragsformular

Bodenrichtwerte Marktbericht ErforderlicheDaten

Auskunft Kauf-preissammlung

Sonstiges

Baden-Württembg. Nein1 Nein1 Nein Nein 1Karlsruhe ja

Bayern Ja (tlw.); im Aufbau Nein Nein Nein

Berlin Ja Nein *; Teilauszüge ja

Ja Ja; anonymisierte Vergleichsobjekte

Brandenburg Im Aufbau (bisher PPP), tlw. Ausschnitte Nein * Nein Nein

Bremen Nein Nein Nein Nein

Hamburg Ja Nein * Nein Nein

Hessen Nein Nein Nein Nein

Mecklenburg.-Vorpommern

BRW typ. Orte bis 2004 Nein Nein Nein

Niedersachsen Ja (InterBRW) Ja (PDF) Nein Nein * IPK

NRW Ja (BORISplus.NRW) Ja (PDF) Nein Nein Allg. Preisauskunft

Rheinland-Pfalz Ja (BORIS.RLP) Ja (PDF) Nein Nein

Saarland Nein Nein Nein Nein

Sachsen Nein Nein Nein Nein

Sachsen-Anhalt Ja, ähnlich wie Nds. Nein (nur LMB) Nein Nein

Schleswig- Holstein Ja (tlw.), auf Seiten der jeweiligen örtl. GAG

Nein Nein Nein Verlinkung auf Seiten GAG

Thüringen Nein Nein Nein Nein

Quelle: www.gutachterausschuesse- online.deStand Juni 2008


Online-Information in Berlin – perfect!


New: Analysed and published in 2009 by Advisory Committee of Brunswik (withMaster-Student), in continue Works in Düsseldorf of Advisory Committee:

Standard Market-Values of Condominiums/Appartments for the City of Brunswik


Standard Market-Values for Condominiums/Appartments in Brunswik

City of Brunswik – Explanations:Die Karte gibt einen Überblick über das Preisgefüge von Eigentumswohnungen innerhalb des Stadtgebietes Braunschweig.Die hier dargestellten Marktrichtwerte wurden aus Kaufpreisen der Jahre 2000 bis 2007 abgeleitet.Es wird der Kaufpreis pro m² Wohnfläche in der entsprechenden Lagezone dargestellt.Die Marktrichtwerte präsentieren das Preisniveau für Eigentumswohnungen, f. d. gilt:

Wohnfläche [qm]: 70Bauzeitklasse: 3

Die Marktrichtwerte sind nicht geeignet, unmittelbar auf den konkreten Verkehrswert einer Eigentumswohnung zu schließen.Hinweise:Die Marktrichtwerte können für Eigentumswohnungen mit einer Größe v. 30 qm bis 125 qm berechnet werden.Als Bauzeitklasse können gewählt werden:

Baujahrsklasse 2: 1920 =< Baujahr < 1945Baujahrsklasse 3: 1945 =< Baujahr < 1970Baujahrsklasse 4: 1970 =< Baujahr < 1985Baujahrsklasse 5: 1985 =< Baujahr < 1995Baujahrsklasse 6: 1995 =< Baujahr

Für Gebäude, die vor 1920 errichtet wurden (Baujahrsklasse 1) ist keine Berechnung möglich.


Our actual aim:

One Report

- for all Countries of Germany

- for Plots and Buildings-with indices,

- with Comparabls Factors- with Standard Ground Values


Results in Germany today- Summary: With our concept to analyse Collections of

contracts of sale Germany is going a good and successfull way to make tranparency on Real EstateMarkets in Germany.

- Today we offer the Immobilie-Price-Calculator forStandard-Objects in Lower Saxony

- NRW and AdV Arbeitsgemeinschaft der Vermessungsverwaltungen der Länder) work out VBORIS for Standard Ground Values in Internet and BORISplus for immovable properties

- In whole Germany we write one Report for all types of German Immobiles, written by 16 Committees of Valuations of the 16 countries


Informations of Valuation Committees via Internet –here Standard Ground Values - that is a very successful way !

Please visit us:www.gutachtachterausschuesse-ni.de

A lastview toLower-Saxony:


Providing Transparency in Valuation of Markets of Real Estate –

were are going a sucessfull way


Hand over „GIS Best Practice Award 2008“ for AdvisoryCommittees in Lower Saxony to„IPC – Lower Saxony“ -

on INTERGEO 2008 in Bremen by this Union of Authorities of Valuation of Real Estate and GIS

„Immobilien-Preis-Kalkulator“

Other institutions are lookingwith great interest in German „IPC“!!!

ts 1e – valuer´s profession and real estate taxation „ipc...

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