Sprengnetter property Valuation

Please note that it may take some time for the valuation to be completed and the data to be written back to the property.

Normally, it should take less than a minute. While the value is being determined, the Sprengnetter fields are empty.

Only properties in Germany, Austria and Hungary can be evaluated.

The Sprengnetter service can be used to determine the estimated market value of a property. This service can be used free of charge.
Unlike other services, there is no interface for ordering here; as soon as Sprengnetter has been activated in the Marketplace, the service is ready for use.

If all fields relevant for the property valuation are filled in a property, Sprengnetter’s property valuation is automatically created when the property is saved . The result appears in the Prices/Areas tab in the “Estimated Market Value” field.

The estimated market value can be determined for the following properties:

Condominiums (kinds of property unfinished attic, mezzanine, attic, maisonette, loft / studio / atelier, penthouse, terrace apartment, floor apartment, basement)
Houses (kinds of property: single-family house, two-family house, multi-family house, row house, vacation house, housing estate, row end, row middle, row corner, semi-detached house, town house, villa, country house)
Land

The market value determination is not available for the following properties from Austria :

Multi-family houses

The property type and address of the property must always be entered for the determination.
The geodata for the address are mandatory fields and must be entered as precisely as possible:

Street
House number
Postal code
Country

The following fields are required for the valuation, so they must not be empty :

For apartments, houses:

Property type
Kind of property
Year of construction (properties with year of construction before 1800 and with year of construction in the future can NOT be valued)
Living area (field ‘wohnflaeche’, must be less than 1000 sqm for houses and 500 sqm for apartments)

Additionally for houses and land:

Property area (field ‘grundstuecksflaeche’, must be less than 5000 sqm)

The following data can optionally be stored for the property, which will also be taken into account in the valuation:

For apartments:

Lift or elevator costs (field ‘liftkosten’)
Number of parking spaces (field ‘anzahl_stellplaetze’)

If necessary, you must first activate the corresponding fields in the administration. Basically, all fields required for Sprengnetter must be activated so that the Sprengnetter service can determine the data correctly. After that, after saving a property, the service should be able to populate the fields.

The “estimated market value” is not the only value evaluated via the Sprengnetter service. In addition, the following values are determined:

Minimum value; Minimum price to be achieved
Maximum value; Maximum price to be achieved
Sprengnetter score; The score is a confidence indicator for the estimated market value. The score follows the logic of the school grading system and ranges from 1.0 to 5.0. Accordingly, a score of 1.0 represents the best value and states that the estimated market value is statistically accorded particularly high confidence.
The Sprengnetter score is calculated after each saving of a property, should sufficient data be available to calculate the market value. The calculation may take a few seconds, so the view must be reloaded to see the calculated value.

These values appear as a mouseover when you move the mouse over the dashed line at the “estimated market value” field.

The Sprengnetter fields are automatically activated in the administration when the service is activated.

Marketplace