What is ImmoWertV 2021?

The ImmoWertV 2021, also known as the "Real Estate Valuation Ordinance 2021", is a German ordinance that sets out the principles for determining real estate values. It serves as a guideline for the preparation of market value appraisals and regulates the application of different valuation methods. The ImmoWertV 2021 is crucial for real estate valuation in Germany and is used by appraisers, experts and other professionals in the field of real estate valuation to ensure objective and legally sound valuations.