The comparison value method is defined in Section 13 of the Real Estate Valuation Ordinance(ImmowertV). On this basis, the procedure for determining the value of real estate is legally recognized and clearly laid down in the ImmowertV. With the comparative value method you get the market value of the property. The property is compared with similar properties that have already been sold and the purchase prices actually achieved.
In real estate valuation using the comparative value method, the real estate market is included, which is very important for the private real estate seller, as this is the best way to present transparency and the value determined is best understandable.