Determining home value in the event of divorce


Questioner

How can you determine the most accurate value of a home for the purpose of a divorce settlement?

Lawyer

I recommend that you either use the WOZ value - which may differ from the economic value - or ask an estate agent to appraise the property.

Lawyer

If you do not agree on the value, it may be advisable to have multiple valuations carried out by different real estate agents. However, it is highly advisable to both be present during the valuations. Furthermore, you can view the asking prices of comparable homes on Funda, whereby you must moderate at least 15% in connection with the negotiation surcharge. Furthermore, you can also request an overview of the sales prices within your street or postcode area from the land registry.

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