What is the assessment value (Einheitswert)?
The assessment value is a value for undeveloped and developed land that is determined on a certain key date in a legally regulated, standardised procedure and serves as the basis for assessment for taxes, fees and contributions.
The legal basis is the Valuation Act (Bewertungsgesetz). The tax office determines the tax base for undeveloped and developed land in a declaratory procedure.
The Valuation Act provides that the attainable annual rent, the structural equipment and the size of the living and usable space as well as the type of construction, the year of construction and the type of subsidy are to be examined within the framework of the capitalized earnings method. The land value is determined in this way, which then includes the land value, the building value and also the value of existing outdoor facilities.
If the taxable value has been officially established, the owner receives the certificate of assessment.
