Expert appraisals of real estate and buildings
Appraisals are prepared by an expert registered in the list of experts, interpreters and translators kept by the Ministry of Justice of the Slovak Republic for the field of Construction, branches Real Estate Valuation and Buildings.
When you need an expert appraisal
An expert appraisal is a professional basis wherever the value of a property or the condition of a building has to be documented independently and verifiably. It is most often needed for mortgage loans, inheritance proceedings, transfers of ownership, the settlement of community property of spouses or of co-ownership, and for easements.
We prepare appraisals for banks, public authorities, courts, businesses and private individuals, for different types of value and purposes according to the client's needs.
How we can help
Real estate valuation
Determining the general (market) value of a property, the initial and technical value of buildings, the value of rights and encumbrances attached to a property, the market rent or the amount of damage.
Buildings
Assessing built-in structures, building defects, the quality of executed works, the technical divisibility of buildings and the compliance of the execution with the design documentation. For buildings, apartments, industrial structures, sports facilities and other types of structures, pursuant to the annex to Instruction No. 7/2009 of the Ministry of Justice of the Slovak Republic.
What an appraisal covers and contains
1Types of value
- general (market) value of real estate
- initial (replacement) and technical (depreciated replacement) value of buildings
- general value of rights and encumbrances attached to real estate
- general (market) value of rent
- amount of damage
2Purpose of the appraisal
- mortgage loans
- inheritance proceedings
- transfers of ownership
- dissolution and settlement of community property of spouses and of co-ownership
- easements and other property-law purposes
3Contents of the appraisal
- survey of the property
- comparison of the legal state with reality (title deed, cadastral map extract, occupancy permit, design)
- description of the location and current use of the property, including an analysis of alternative use
- description of the building structure
- analysis of lease agreements and risks connected with the use
- analysis of market influences affecting the value
- calculation of the initial and technical value
- estimate of the general (market) value based on market factors
- photo documentation of the property
How it works
- We agree the purpose and scope. Based on the purpose, we determine what type of value or assessment you need.
- We prepare the documents. Mainly the title deed, the cadastral map extract, the occupancy permit and the design.
- We survey the property. This includes photo documentation and a comparison of the legal state with reality.
- We carry out the analyses and calculation. We assess the location, use, building structure, lease agreements and market influences.
- We hand over the appraisal. Its result serves as a basis for a bank, an authority, a court or your own decision.
Expertise
The expert's training in buildings and real estate valuation (University of Žilina, Institute of Forensic Engineering, certificate No. 21/ST-VIII/1998) is complemented by many years of practical experience in the construction and banking sectors. See our certificates. Experts' registration can be verified in the list of experts of the Ministry of Justice of the Slovak Republic.
Frequently asked questions
What is the general (market) value?
It is an estimate of a property's value based on its condition, location, use and market influences. It is used, for example, as a basis for loans, transfers and property proceedings.
What documents do I need to prepare?
Usually the title deed, the cadastral map extract, the occupancy permit and the design. We use them to compare the legal state with reality.
Is an inspection of the property necessary?
Yes, the appraisal includes a survey of the property and photo documentation.
Do you prepare appraisals for private individuals?
Yes. We prepare appraisals for private individuals as well as for banks, public authorities, courts and businesses.
How much does an appraisal cost and how long does it take?
It depends on the type of property, the purpose and the scope of the appraisal. Get in touch and, once we know the basic details, we will give you a specific answer.