Excerpt from the standard land value map

Standard land values serve to ensure property market transparency. They represent zone-by-zone average location values with value-influencing characteristics that are intended to apply to the majority of properties located in the zone. It is always assumed that the property is undeveloped, regardless of a real development. In the information, the standard land value is given in euros per square meter as well as with its value-determining characteristics. In addition to property market transparency, the standard land values also serve tax purposes.

The standard land values are determined on the basis of actual purchase cases. According to the Building Code, notarizing bodies are obliged to send copies of the purchase contracts to the offices of the appraisal committees for land values. The expert committees evaluate the contracts for undeveloped land and derive standard land values from them. If there are no or too few purchase contracts for an area, other variables can also be used for determination, e.g. index series or rents.

The standard land values are determined and decided by the expert committees.

The expert committees are responsible for specific regions in Lower Saxony defined by the state; they are made up of chairmen and honorary members. The presiding members are members of the surveying and cadastral administration. Volunteer members are experts from the broad field of the real estate industry, e.g. from the fields of architecture, civil engineering, agriculture, finance or brokerage.

An expert committee is always autonomous and independent. To support the completion of tasks, each expert committee has an office, which is also located at the surveying and cadastral administration.