If you want to sell your house or flat or increase the mortgage for renovation costs, you need to know how much the property is worth.
Supply and demand determine the prices of houses and flats. A well-founded market value estimation is the basis for all price negotiations.
After 10 years you will have to calculate with the first renovation costs for your house. Plan the measures early and save money.
Sooner or later, condominium owners have to deal with expensive renovations. That is why it is worth having a renovation fund.