How the Market Value of a Property Is Determined
The market value of a property results from the interplay of various factors. Alongside location, the type of property, year of construction, condition, fixtures and fittings, floor plan and energy efficiency all play a decisive role. Up-to-date market figures, comparable sales and demand within the respective micro-location are also considered. Particularly in a dynamic market such as Berlin, it is important to weigh these aspects correctly and not to rely solely on online calculators or blanket price-per-square-metre figures.


