1
FIG Working Week 2004
in Athen/Greece
22. - 27. Mai 2004
Technical Programme
TS 27 Valuation Techniques and Applications
Commission 9: Valuation + Management of Real Estate
TS 27.6 Dipl.-Ing. Dieter Kertscher (Germany)
„Digital Purchase Price Collections –
The German Way to provide Transparency
for the Real Estate Markets“
Valuation of Real Estate
in Germany
Gutachterausschuss für Grundstückswerte
für den Bereich des
Landkreises Northeim
Geschäftsstelle beim
Katasteramt Northeim
Independent
valuers
Valuation committees
TS 27.6 Dieter Kertscher (Germany): “Digital Purchase Price Collections -The German Way to provide Transparency for the Real Estate Markets”
ca. 10 000
ca. 300
TS 27.6 Dieter Kertscher (Germany): “Digital Purchase Price Collections -The German Way to provide Transparency for the Real Estate
Markets”
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 annum
1.000 to 15.000 per valuation board
Products of valuation committees (1)
and independent valuers (2)
1960
1976
1990
Since:
Price contour maps,
yearly
Expert opinion on market
value of a
special object
Report on the local
market with all
important informations,
yearly
(1)
(1)
(1)
(1)+(2)
TS 27.6 Dieter K
tscher (Germany): “Digital Purchase Price Collections -The G rman Way to pr vide Transparency for the R al Estate Markets”
TS 27.6 Dieter Kertscher (Germany): “Digital Purchase Price Collections -The German Way to provide Transparency for the Real Estate
Markets”
The annual map of recommended approximate values of land
Land, zoned for development
Agricultural plots of land
TS 27.6 Dieter Kertscher (G many): “Digital Purchase Price Collections -The German W y to provide Transprency for the Real Estate M rkets”
„Price contour map“
€/m²
Quality
TS 27.6 Dieter Kertscher (Germany): “Digital Purchase Price Collections -The German Way to provide Transparency for the Real Estate
Markets”
TS 27.6 Dieter K
tscher (Germany):