Valuation of Real Estate in Germany
Dietmar Meister () and
Kerstin Dressel
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Dietmar Meister: Ernst & Young Real Estate GmbH
Kerstin Dressel: Ernst & Young Real Estate GmbH
A chapter in Understanding German Real Estate Markets, 2017, pp 133-145 from Springer
Abstract:
Abstract When evaluating real estate in Germany, German valuation experts often apply the German valuation standards. These conform to international valuation practice in many—but not all—respects. In this chapter we will identify what is specific about German valuation standards and introduce the German valuation methods: sales comparison approach, income approach and cost approach. As data availability is the main challenge for each valuation, this chapter will also include information on where to find relevant market data.
Keywords: Market value; Valuation guidelines; International comparison (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-319-32031-1_10
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DOI: 10.1007/978-3-319-32031-1_10
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