Appraiser in Amsterdam

An appraiser in Amsterdam can help you determine the official value of your current or purchased home. A valuation is often required when buying a home with a mortgage, but can also be interesting when mortgage rates are more favourable. In that case, an appraisal can make a big difference in costs. Wondering how an appraiser works, what an appraiser in Amsterdam costs and why you need a valuation? Read the key points below.

What Does an Appraiser in Amsterdam Do?

If you want to know the value of your home in Amsterdam, you need an appraiser. In most cases, you want to sell or buy your house or change the mortgage conditions. At this point, the exact value needs to be determined by an independent appraiser. An appraiser has the corresponding certifications and has no interest. Thereby, appraisers through HuisAssist always deliver a validated NWWI valuation report. Most mortgage lenders require this.

Most common appraisals in Amsterdam are carried out when buying a new house. Almost always when buying a house, you need a valuation report for the mortgage lender or bank. The appraiser may only perform appraisals in Amsterdam within a 10-kilometre radius between the property and the appraiser's office. When HuisAssist helps you compare appraisers in Amsterdam, we automatically take this into account so you won't have any problems with this.

How Does Valuation Work?

The appraiser carefully inspects the house on all kinds of standard points, these points are important to determine the house's value. Both inside and outside, the property is assessed. Using cadastre data, property statistics are extracted from the system and recently sold homes in the neighbourhood are taken into account.

Once all the points have been assessed, the appraiser can prepare a valuation report. Make sure you know your mortgage lender's requirements regarding the valuation report. Usually, it must be validated according to the NWWI (Nederlands Woning Waarde Instituut). At HuisAssist, we only work with appraisers in Amsterdam who can provide an NWWI-validated valuation report.

Validated NWWI Valuation Report

It is important that your appraiser in Amsterdam can provide an NWWI-validated valuation report. There are certain requirements and guidelines drawn up by this body that the valuation report must meet. They ensure that these are also complied with. Only appraisers who meet the strict requirements are affiliated with them.

Parts of the Valuation Report

The valuation report provided by a property appraiser in Amsterdam includes the following components:

• Private law aspects
• Description of surroundings and property
• Condition of maintenance
• Pollution assessment
• Substantiating value judgements
• Public law aspects

Valuation Report Conditions

Banks and other lenders impose the following conditions on a valuation report:

• The valuation report was drawn up no more than 6 months ago
• The appraiser's head office in Amsterdam is no more than 10 kilometres from the property
• The appraiser may not be your own estate agent or the seller's real estate agent
• The appraiser has no relationship with you, the seller or the mortgage provider

When to Do a Valuation in Amsterdam

A valuation is an objective valuation of real estate and immovable property. The valuation report must be objective because the mortgage lender lends the amount and wants to be sure that the collateral is the actual value. There are also other situations where you can perform an appraisal:

Lowering Interest Rates

In recent years, home values have risen the fastest in the whole of the Netherlands. In case your house value rises that fast, you may be able to lower your mortgage interest rate. Getting an appraisal done for your home in Amsterdam could be smart. If the value that follows from the appraisal is higher than before, the mortgage lender's risk is reduced and the interest you pay on your mortgage can be lowered. This way, you can save a lot of money.

Change Mortgage Lender

In case you are not satisfied with your current mortgage lender or you can simply get a loan with a lower interest rate? Then you can switch to another mortgage lender. To switch, you will then need a new valuation report to show to the new mortgage lender.

Renovating Your Home

You may just want to have your Amsterdam home renovated. In Amsterdam, where buying a property can be difficult, it is sometimes cheaper to renovate your house. Should that renovation be so large, it could affect the house value. For example, if you have several new square metres in your home, this can make serious money.

If so, have an appraiser in Amsterdam appraise the property to see if the interest rate on your current mortgage can be reduced. As mentioned above, an increased home value can lower the risk for the mortgage lender, which can also lower interest rates.

Sustainability

With high prices for gas and electricity, any ways to cut costs are welcome. With a valuation report, in addition to understanding the condition of the property, you will also get an insight into what the options are for preservation. For example, you can see what it costs, what potential savings can be made and within what period you will have recouped the investment. In addition, making your home more sustainable can be included in your mortgage.

Valuation or Appraisal

In contrast, a valuation is free of charge and is determined by an estate agent of your choice. The estate agent visits the property to view it and thus provides a house value. The estate agent also uses home data from the neighbourhood and the knowledge the estate agent has. Thus, the estate agent gives an estimated value. Do you simply want to know the asking price for your home? Then it's better to have an estate agent come by for a free valuation.

Costs of an Appraisal in Amsterdam

The cost of a valuation in Amsterdam varies widely. This is because each appraiser in Amsterdam is allowed to determine the cost of his or her services. These valuation costs are based on market forces. The moment there are many providers of valuations, prices will usually be lower. Thereby, the price of a valuation differs by type of property. A villa is more expensive to value than a terraced house.

Compare Appraisers in Amsterdam

When you want to engage an appraiser for the valuation of a house in Amsterdam, it is a requirement that the appraiser is located within a 10-kilometre radius of the house and the valuation office.

Property Valuation in the Netherlands

• Property Valuation in Almere
• Property Valuation in Amersfoort
• Property Valuation in Amstelveen
• Property Valuation in Amsterdam
• Property Valuation in Eindhoven
• Property Valuation in Enschede
• Property Valuation in Groningen
• Property Valuation in Haarlem
• Property Valuation in Leiden
• Property Valuation in Maastricht
• Property Valuation in Purmerend
• Property Valuation in Rotterdam
• Property Valuation in Utrecht
• Property Valuation in Veldhoven
• Property Valuation in Voorburg
• Property Valuation in Zaandam
• Property Valuation in Zwolle