House appraisal

[Sx4]

Hello all,
We are looking to be first time buyers of a property in Berlin. The realtor is trying to sell the property at a price based DEKRA valuation (which is sum total of land value, house value and market rate (bodensachwert, gebaudesachwert and marktangepasster/nachhaltiger vorläufiger Sachwert, the final pages of DEKRA report made unavailable to us). However the house has average to below average furnishing with old oil heating equipment, no garage, old kitchen with low/average appliances etc. How does one evaluate a market price for such a home (last time we hired a gutachter and he wasn't of much help, maybe we chose the wrong guy)...is there a guideline or reference that one can follow to do it yourself (like a rough estimate). Thanks

[Alberto]

I am always puzzled by questions like this.
The market value is, by definition, the value the market is willing to pay for it. So it is not set by the Makler, or by DEKRA, or by the vendor.
How much is this property worth to you? If you pay more than that, you're paying too much. Forget what others say.

[SpiderPig]

Alberto....

How long have you lived in Germany?

How much German bureaucracy have you encountered in your house purchase?

controling house prices can control or reduce money laundering......

Welcome to Germany

[Franklan]

The market value is, by definition, the value the market is willing to pay for it.

1.) Let's assume a house is on the market for 300K. There is a buyer who has 270K in official money and 30K in "shoebox money". So the seller agrees to sell the house for 270K, and gets an Aldi bag with those "hot" 30K in addition to the legal 270K.

2.) Let's assume a house is on the market for 300K. There is a potential buyer (a coke snorting influencer) who has those 300K in official money easily. So the seller says "I have cocaine worth 30K that I need to turn into legal money, if you buy the house for 330K, I'll tell you where in the house it is hidden". So the house gets sold for 330K.

So, as Spiderpig pointed out, there are "influences" on the final price that are not visible to the public.

P.S.: Both examples are simplified examples to demonstrate what could be going on...