Standard Land Value (Bodenrichtwert)
Standard land value (Bodenrichtwert) explained: How is it determined, where can it be accessed, and what is its significance for property purchases in Germany?
Financial
§ 196 BauGB
Also known as: benchmark land value, guide land value, land reference value
The Bodenrichtwert (standard land value) is an average location-based land value determined by the Expert Committee for Property Values at least every two years. It refers to the price per square metre of land and takes into account location, development status, and type of use. In Bavaria, standard land values can be accessed via the BORIS Bayern portal. (§ 196 BauGB)