Property Valuation
Online Value Analysis
Online valuation for inherited terraced house in Bavaria
Have you inherited a terraced house in Bavaria and are wondering what it's really worth? An inaccurate estimate can cost you thousands in taxes and complicate strategic decisions. This guide shows you how an online valuation can provide financial clarity in just 4 steps.
With access to Google, BORIS, and Deep Research.
Report the inheritance to the tax office within 3 months to avoid penalty charges.
Defend against a potentially 20-50% overvaluation by the tax office with a data-driven report.
Please note the 2-year deadline for fulfilling renovation obligations according to the Building Energy Act (GEG).
What is the true value of an inherited terraced house in Bavaria? For heirs, this question is more than just a formality; it is the crucial factor for the amount of inheritance tax and setting the course for your future – whether selling, renting, or personal use. A misjudgement, often based on the standardised procedures of the tax office, can lead to a tax burden that is up to 50% too high. A professional, data-driven online valuation is your first and most important step to avoid financial disadvantages and make informed decisions. It provides you with an objective foundation in the shortest possible time, protects against conflicts within communities of heirs, and uncovers hidden costs.
Upon becoming aware of the inheritance, a critical period of just three months begins to report the inheritance to the responsible tax office. This notification is crucial to avoid late fees and to initiate the process correctly. For children of the deceased, a personal tax allowance of 400,000 euros applies. If the value of the terraced house is below this, inheritance tax is often not payable. A quick and precise online valuation is therefore essential to be able to immediately assess your tax situation. This initial analysis forms the basis for all further strategic considerations.
The tax office often determines property value using a simplified standard procedure, without an on-site inspection. This approach ignores value-reducing factors such as a backlog of modernization or poor energy efficiency. The result is often a market value that is 20% to 50% above the actual market value, which directly increases your tax burden. However, you have the right to demonstrate a lower, more realistic value by means of a counter-assessment (§ 198 BewG). Such an appraisal, costing from around 2,800 euros and tax-deductible, is an investment that almost always pays off. Start with a quick online analysis to identify the potential for such savings before finalizing the market value for the tax office.
For terraced houses, the comparative value method is the most precise method for determining value. This approach relies not on general estimates but on the actual sale prices of comparable properties that have recently been sold in the same location. A data-driven online assessment uses precisely this approach for high accuracy. The data for this comes directly from the purchase price collections of the local appraisal committees in Bavaria. The following factors are analysed in the process:
Location: Comparison of standard land values from the Bavarian information system BORIS-Bayern.
Size: Analysis of living and plot area in comparison to properties with similar layouts.
Year of construction & condition: Consideration of age and completed renovations that affect value.
Features: Assessment of features such as garden, garage, or cellar.
This method provides a realistic market value that serves as a solid basis for your sales or financial planning.
By inheriting an older property, you also assume obligations under the Buildings Energy Act (GEG). From the date of ownership transfer in the land register, you have a period of two years to carry out certain energy renovations. Failure to adhere to this deadline can result in fines of up to 50,000 euros. An early assessment helps to identify these cost factors. The most common obligations include:
Insulation of the top floor ceiling: If the attic is unheated and the ceiling does not meet the minimum insulation standard.
Replacement of old boilers: Constant temperature boilers installed before 1991 must be replaced.
Insulation of piping: Heating and hot water pipes in unheated basement rooms must be insulated.
These investments need to be planned from the outset. Our ImmoGPT-Chat can help you quickly address initial questions regarding these requirements.
The final value of your inherited terraced house depends on several dynamic factors. The depreciation reduces the building's value linearly; with a typical total useful life of 80 years, a 20-year-old house has already lost 25% of its original construction value. At the same time, new construction prices have risen by 3.2% in February 2025 compared to the previous year, which positively affects the asset value. However, the greatest lever remains energy efficiency. Properties with poor energy ratings (E to H) suffer significant price reductions, as buyers anticipate renovation costs of up to 70,000 euros or more. A comprehensive valuation of your inherited house quantifies these factors and provides you with a reliable basis for negotiation.
The online valuation for your inherited terraced house in Bavaria is more than just a formality – it's your strategic compass. It enables you to meet the tax office's 3-month deadline, avoid excessive tax demands, and proactively plan the two-year renovation deadline under the GEG. With a data-driven analysis from Auctoa, you can establish a solid decision-making foundation in just a few minutes. Take advantage of the opportunity for a fair, quick, and transparent process. This way, you turn a complex challenge into a clear opportunity.
The portal Gesetze im Internet offers the full text of the Federal Building Code (BauGB), which regulates the legal framework for building planning law in Germany.
The Bundesfinanzministerium provides comprehensive information on inheritance and gift tax, including relevant laws and exemptions.
What documents do I need for an appraisal?
For an initial online appraisal, the address, year of construction, living space, and plot size are usually sufficient. For a detailed report, you will also need a current land register extract, the construction plans (layouts, sectional drawings), a building description, and if available, the energy certificate.
What happens if I miss the tax office deadline?
If you miss the three-month notification deadline, the tax office may impose late fees. It may also estimate the value of your property without your input, which usually results in higher taxation.
Can I avoid inheritance tax if I move in myself?
Yes, if children inherit a property inhabited by the deceased and move in immediately, inheritance tax can be waived entirely. However, this applies only to a living area of up to 200 square metres and on the condition that you continue living there for at least ten years.
What is the standard land value and where can I find it for Bavaria?
The standard land value is the average value for a square metre of undeveloped land in a specific location. It is determined by the appraisal committees and serves as an important basis for property valuation. For Bavaria, you can view the values online at the BORIS-Bayern portal.
Is an appraisal worth it even in the case of a community of heirs?
Yes, especially for a community of heirs, a neutral appraisal is essential. It provides an objective and irrefutable basis to avoid disputes over the property's value and ensure a fair payout to co-heirs.
How does a backlog of modernisation affect value?
A backlog of modernisation, particularly concerning heating, windows, roof, and bathroom, leads to significant value deductions. Buyers typically deduct the estimated renovation costs (often €50,000 and more) directly from the potential purchase price. An appraisal precisely uncovers these defects and their financial implications.
