Vergleichspreismethode

The Vergleichspreismethode, often translated as the "comparative price method" or "comparable price method," is a valuation technique used in various fields, including real estate, art, and business. Its core principle is to determine the value of an asset by comparing it to similar assets that have recently been sold or are currently available for sale. This method relies on the assumption that in an open and competitive market, identical or very similar assets will trade at similar prices.

To apply the Vergleichspreismethode, a valuer first identifies a set of comparable assets. These comparables should possess similar characteristics to the asset being valued, such as size, condition, location, age, and any unique features. The more similar the comparables, the more reliable the valuation will be. Adjustments are then made to the prices of the comparables to account for any differences between them and the subject asset. For example, if a comparable property is larger, its price might be adjusted downwards to reflect the difference in size. Conversely, if a comparable asset has superior features, its price might be adjusted upwards.

The final value of the asset is then derived by analyzing the adjusted prices of the comparables. This can involve calculating an average, median, or weighted average of the adjusted prices. The Vergleichspreismethode is a widely used and generally accepted valuation approach due to its reliance on observable market data. However, its accuracy is highly dependent on the availability of truly comparable assets and the skill of the valuer in making appropriate adjustments.