Katastriväärtus

Katastriväärtus refers to the cadastral value of a property, a monetary value assigned to land and buildings for tax purposes. This value is determined by the cadastral authority and is based on factors such as location, size, condition, and potential use of the property. It is not necessarily the same as the market value, which is what a property would realistically sell for on the open market.

The primary purpose of the cadastral value is to serve as the basis for calculating property taxes. Different jurisdictions have varying methodologies for assessing this value, and it is often periodically re-evaluated to reflect changes in the property market and economic conditions. The cadastral system aims to ensure a fair and consistent approach to property taxation.

In many countries, the cadastral value is publicly accessible information, allowing property owners and potential buyers to understand the assessed worth of a property. This information is typically maintained within a cadastral registry or database. Changes in cadastral value can impact the tax burden on property owners, and there are often procedures for appealing the assessed value if it is deemed inaccurate.