Real estate value calculator

You should have your house or apartment valued before selling it

f you want to sell your house or apartment, having it valued helps to set a realistic sale price. If you set the price too high, it can be difficult to sell, while setting it too low means you might fail to achieve its potential sale price.

Calculating the value of your property for your mortgage

The value of a house or apartment is also relevant when it comes to financing. It can be important if you want to take out or extend a mortgage or reassess your financial situation.

Valuing a house or apartment for wealth and pension planning purposes

For many homeowners, the home they own represents a significant part of their wealth. An up-to-date valuation of the property can therefore be helpful with regard to retirement, inheritance planning, divorce or long-term financial planning. 

Location and municipality

Location is one of the most important factors. This includes the municipality, neighbourhood, tax rate, infrastructure, transport links, views, noise and proximity to schools, shops or work.

Size, number of rooms and layout

The living space, plot size, number of rooms and usability of the layout have a significant impact on the market value. Two properties with the same floor space may be valued differently if their layouts differ significantly in terms of design and usability.

Construction year, condition and renovations

The year of construction, energy efficiency, renovations, fit-out standard and any need for refurbishment have a direct impact on the valuation. Recent investments may also affect the estimated value.

Market situation and comparable properties

The market value is also based on the prices of comparable properties in the local area. Many online valuations therefore work with market data and comparative values. 

An online valuation provides initial guidance. It is useful for “standard” properties, such as single-family homes or owner-occupied apartments. For special properties, building plots or properties in major need of renovation, an individual valuation is usually more sensible.

The market value is the price that a property can be expected to achieve under normal market conditions. 

It can be worthwhile to review your property’s value on a regular basis, such as every few years, or in the context of important life events such as retirement, an inheritance, sale, renovation or mortgage extension. 

Having your property valued can be important if you are taking out, extending or adjusting your mortgage. The value of your property influences, amongst other things, the loan-to-value ratio, equity and financing planning.