Dhe value of a home is always determined by a certified appraiser. The appraiser provides a professional valuation report that you need when you want to buy a house. Your lender uses the stated home value in this report to assess whether or not they can grant you the requested loan. An appraisal report can also be decisive for whether or not you can obtain a construction deposit. However, not every appraisal report is the same.
You have validated and unvalidated valuations. The former is mandatory when buying a house and is a requirement of the lender. This involves determining the market value of the property. An unvalidated appraisal is required when insuring your home, or when objecting to the municipality against the WOZ value of your home. With an unvalidated appraisal, the appraiser determines the reconstruction value of the home. You will have to deal with this when taking out building insurance, for example.
When we carry out an appraisal, we take into account many facets when determining the house value. Things like the contents of the house and the number of square metres, but also the layout and level of finishing, for example, are important pillars in the report. This is also known as 'recording the house'. Recording the property may also involve your appraiser taking photos of the property.
Based on the appraiser's findings, a valuation report is then drawn up. In it, the condition of the house is scrutinised in detail, taking into account the maintenance condition of the property, among other things. The appraiser then uses all his findings to make a value judgment and substantiate it.
The cost of an appraisal comes on the buyer's plate and is tax deductible.