Standard land value for Freiburg

1. Why does the standard land value exist?

Every two years, the guideline values for building land in Germany are determined by the municipalities in accordance with § 196 BauGB. The Freiburg expert committee divides the city area into standard land value zones for this purpose. These are locations in which the properties are used in the same way. This means, for example, that they are purely residential neighbourhoods, commercial areas or alternatively mixed areas. A guideline value zone comprises properties that may not be more than 30 per cent apart in terms of value. To do this, the expert committee compares the sales of recent years. The committee calculates the purchase prices down to one square metre. Depending on how much data is available, the result for a zone is better or less good. If there is not enough comparative data available, the experts make an expert assessment assessment.

2. What is the standard land value useful for?

First and foremost, the standard land value serves as a basis for the taxation of land in Freiburg. For owners and buyers, the standard land value also provides Assistanceto roughly estimate the value of the property. The standard land value is also used in property valuations if no other comparative values are available. This is because, unlike a property valuation by an estate agent, the standard land value does not take into account the current development of the property market in Freiburg. For example, the expert committee calculated the data up to the end of 2019 and only published it in November 2020. Accordingly, the expert committee is expected to publish new standard land values towards the end of 2022, which will then already be from 2021.

3. Standard land value versus property valuation

The time between two appraisals is too long for the active property market in Freiburg. Meanwhile, property prices in most locations in Freiburg continue to rise, which the standard land value cannot take into account. In addition to being up-to-date, the standard land value applies to entire standard value zones, which can include individual streets as well as larger areas. In reality, the shorter distance to a school or public transport can already represent added value for a buyer. For prospective buyers, it also makes a difference whether the property is located on a main road or in a cul-de-sac. Equally, individual factors of the property are not taken into account when determining the standard land value in Freiburg. Yet it is precisely these that have a significant influence on property prices in Freiburg. These include, for example

• Planned measures in the micro-environment

• Size of the property in Freiburg

• Shape of the plot (L-shape, square)

• Access options (street to street, street corner, quiet residential zone)

• Condition of the development (fully, partially or not yet developed)

• Possible development (area and number of storeys)

• Current development (new building, demolished building)

• Planting (old trees)

• View of the surroundings

• Location (sunny, on a slope, infrastructure nearby)

4. Who provides information on the standard land value in Freiburg?

The expert committee of the city of Freiburg determines the standard land values for all properties on average every two years. You can find the standard land values for Freiburg free of charge online on the portal FreiGIS portal. On the standard land value map, the standard land value zones are subdivided into residential areas, mixed areas, commercial areas, raw building land and building land. Written information on an individual plot of land can be obtained from the expert committee at Berliner Allee 1 in Freiburg for a fee of around 32 euros.

5. Property sales with Engel & Völkers: simply sell better

To really find out what a plot of land is currently worth, you need a property professional. For a developed plot with a detached house or semi-detached house, you can call up a purchase price range with just a few details in our online valuation tool. All you need to do is contact us to obtain a specific purchase price in line with the market. Our estate agents from Freiburg im Breisgau will inspect your property and determine all relevant aspects of the property. With our extensive property knowledge, many years of expertise and regional market knowledge we will competently evaluate your building land or other property. Future urban development projects in the neighbourhood are taken into account, as are the current wishes of prospective buyers, which we know from our daily work. Engel & Völkers has been successfully selling upmarket property worldwide since 1977 and can therefore draw on an exceptional amount of comparative data. This enables us to evaluate property prices in Freiburg more precisely and in line with the market than is the case with the standard land value. Incidentally, we present our results to you free of charge and without obligation. This allows you to correctly determine the purchase price for your property. If you then decide to sell your property with us, you will have a strong and experienced partner at your side.

Responsibility for the content of this article lies with the licence partner Engel & Völkers Freiburg - RMC Freiburg GmbH