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REAL ESTATE VALUATION
Valuation as a philosophy
We at Engel & Völkers Mülheim an der Ruhr and Duisburg value the individuality and history of each property. Often, it is the hidden values that determine the price, and our experts will recognise all the unique details during a non-binding viewing.
Online valuation
Our online valuation is an efficient and uncomplicated starting point for a first and fast price assessment of your property – free and non-binding.
On-site valuation
Our experts have the know-how to evaluate your property, taking into account all the unique characteristics. Let us consult you in person, for free, and on-site.
Local expertise
It takes a lot of experience and local market knowledge to precisely valuate your property. We will determine the optimal price based on market and target group analysis.
ONLINE OR ON-SITE
Each property has its own individual value
Are you wondering about the value of your house or apartment? Engel & Völkers can provide a well-founded valuation of your property. Whether online or on-site, it’s free and non-binding.
Online valuation
Looking for an initial estimate of your property's current value?
We compare your property information with thousands of records of sold properties, as well as those currently for sale, and thereby determine the current value of your property.
You will receive your first valuation quickly and comfortably via email.
We compare your property information with thousands of records of sold properties, as well as those currently for sale, and thereby determine the current value of your property.
You will receive your first valuation quickly and comfortably via email.
On-site valuation
Every property is unique: Engel & Völkers experts can also take individual features and details of your property into account during the on-site valuation. We will be able to make a comprehensive valuation based on our extensive database, local market expertise, and comparisons with similar properties. Our sound valuation takes into account the full potential of your property and contains a detailed market and target group analysis.
THE CORRECT VALUATION
The top 6 factors for property valuation
One of the most important and complex steps when selling a house or apartment is the precise valuation of the property. Here are the six most important factors that significantly determine the value of your property.
“Location, location, location”: The old prophecy is still true to this day. The location of a property is still one of the most value-determining factors, and often more than the property itself. We differentiate between micro location and macro location. The micro location is the close surroundings of the property, such as a city district, whereas the macro location describes the region in which the property is located. Whether a location is desirable or not is also determined by the existing infrastructure and cultural, educational, and recreational facilities.
Was the property built in 1920 or 2024? Is it in need of renovation or as good as new? The value of a property is significantly influenced by its age. However, it has less to do with the year it was built and more to do with the property's condition in relation to its age.
For example, if a property is very old, urgent or routine renovation work may be required, however, older properties are highly sought after, especially among connoisseurs.
For example, if a property is very old, urgent or routine renovation work may be required, however, older properties are highly sought after, especially among connoisseurs.
For prospective buyers, the property's condition with relation to energy efficiency is also important. It is important to note that a lack of energy efficiency can result in additional costs.
Whether you are looking for a home in the city, the countryside, or near the coast, our experts will give you the best possible advice on the condition of your property.
What property type are we dealing with – a terraced house, a detached house, an antic apartment, or an elegant villa? The property type determines the demand for a property and therefore the asking price.
How many rooms are there? Is there a basement and a large garden? Are there special features such as a terrace, underfloor heating, or a built-in sauna? Value factors such as these are very individual and important purchase criteria for buyers.
Last but not least, general supply and demand in the local property market significantly determines purchase price valuation. Our local agents at Engel & Völkers are knowledgeable about the current demand in your region and how it affects the value of your property.
FAQ
Answers to frequently asked questions
There are two options: you can either valuate your property online or on-site. At Engel & Völkers, both services are always free and non-binding.
Online valuation: We can valuate your property online for an initial price assessment.
On-site valuation: You can request an on-site valuation by one of our Engel & Völkers experts. Contact us online and we will contact you soon with a possible date.
Good to know: Make full use of both options. The online valuation alone can never be a substitute for the personal on-site valuation. If you're intending to sell, please get in touch with our experts & Engel & Völkers who will help to acheive the optimal sales price for your house or apartment.
Online valuation: We can valuate your property online for an initial price assessment.
On-site valuation: You can request an on-site valuation by one of our Engel & Völkers experts. Contact us online and we will contact you soon with a possible date.
Good to know: Make full use of both options. The online valuation alone can never be a substitute for the personal on-site valuation. If you're intending to sell, please get in touch with our experts & Engel & Völkers who will help to acheive the optimal sales price for your house or apartment.
The result of your Engel & Völkers online evaluation is based on the five most important factors that determine the price of a property:
- Property type - house or apartment
- Living area and property area
- Macro location - the wider area around the property and region
- Micro location - district
- Year of construction
Valuating a property online can determine a realistic value, and it is ideal when looking for a first price assessment.
We analyse your property information and compare with a large number of similar properties. Additionally, we apply local market information and thereby determine the market value of your property.
The determined value of your property is based on the individual characteristics of your property and not an average value of other properties in your location.
We analyse your property information and compare with a large number of similar properties. Additionally, we apply local market information and thereby determine the market value of your property.
The determined value of your property is based on the individual characteristics of your property and not an average value of other properties in your location.
Real estate agents have several standard valuation methods at their disposal, depending on the property in question. Those mostly used are the comparable value method, real value method, and income value appraisal method. The comparable value method is best suited when evaluating private properties. The specific values compared are location, furnishing, size, and layout. Engel & Völkers real estate agents review prices of comparable properties.
Every property is unique! Other than during the online evaluation, when evaluating a property on site, the Engel & Völkers real estate agents can also take individual features and details of your property into account during valuation. The agent values the special history behind each property and understands the "hidden values" of your property.
We will undertake an extensive valuation based on our extensive database, years of experience, and local market expertise. Our sound valuation takes into account the full potential of your property and contains a detailed market and target group analysis in order to achieve the high possible sale price.
Every property is unique! Other than during the online evaluation, when evaluating a property on site, the Engel & Völkers real estate agents can also take individual features and details of your property into account during valuation. The agent values the special history behind each property and understands the "hidden values" of your property.
We will undertake an extensive valuation based on our extensive database, years of experience, and local market expertise. Our sound valuation takes into account the full potential of your property and contains a detailed market and target group analysis in order to achieve the high possible sale price.
A precise valuation by Engel & Völkers takes approximately three weeks, depending on the individual parameters of the property.
To raise the sales value of your property before the valuation, several measures can be undertaken including:
- Visible renovation, such as painting the external facade or laying new floors - the neater, the better!
- Renovation work to make your property more energy efficient, such as new windows or the installation of a modern heating system. Especially nowadays, prospective buyers are very aware of energy costs.
- … and many more. At Engel & Völkers we will expertly support you on how to raise the value of your property.
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