How do I determine the property’s value?
I mainly use actual sales of comparable properties, rather than relying only on asking prices in property listings.
For houses and apartments, I assess location, size, layout, condition and any renovations in particular.
For land, the main factors are location, area, access and possible uses under the land-use plan.
The result is a written valuation with a calculation and an explanation of the assessed value.
How can a valuation help with a property settlement?
For example, if one spouse keeps the house and the other is to receive financial compensation, it is important to know the property value on which their agreement is based.
A valuation can also cover several properties at once, such as a house, a holiday property and separate plots of land.
The valuation does not determine how assets should be divided under the law. It provides a professionally supported value for further negotiations and a possible agreement.
What do I need to prepare a valuation?
To begin with, the properties need to be identified:
- House or apartment: address, or the ownership sheet number (LV) and cadastral area.
- Land: ownership sheet number (LV) and the relevant cadastral area.
- Several properties: the ownership sheet numbers (LV) and their cadastral areas.
It is also important to clarify whether the valuation is needed for an agreement, financial compensation or ongoing Czech court proceedings. We use its purpose to agree the appropriate scope and valuation date.
For houses, apartments and other buildings, I recommend an on-site inspection to assess their actual condition more closely.
We always agree the specific valuation fee before work begins.