Taxatiekosten (Appraisal costs)

What are taxatiekosten (Appraisal costs)?

The appraisal costs are one of the additional costs when taking out a mortgage. They are the costs for the valuation of a house by an independent appraiser. This is necessary to determine the market value of the property. The appraiser may not be involved in any way in the purchase of the property. The appraisal costs are not fixed and can vary per appraiser.

Mandatory and useful

Before taking out a mortgage, it is mandatory to have the appraised value determined by an independent appraiser.

But the appraisal value can also be useful. The appraisal value can strengthen your negotiating position when negotiating the purchase price. You are in a stronger position with the appraisal value of an independent appraiser. The appraisal costs are paid by the buyer. It is therefore a good investment and the appraisal costs can also be deducted once from the tax.

Appraisal report

The independent appraiser draws up a valuation report. The appraisal report states the appraisal value and the points on which it is based.

Important factors that determine the appraisal value are:

  • The location of the house 
  • The size of the house 
  • The house type
  • The state of maintenance of the house
Mortgage terms
Eigenwoningforfait (Notional rental value)
"Eigenwoningforfait" is a tax on the theoretical income that a homeowner could earn by renting out their home, even if they do not actually rent it out. Erfpacht (Ground lease)
Often houses in the Netherlands are not on private land, but on leasehold land. This leasehold land is then rented from the landowner (often the municipality). Hypotheekakte (mortgage deed)
The mortgage deed is the official contract for a mortgage. The mortgage deed contains all agreements with the bank that relate to the mortgage. Hypotheeksom (Mortgage sum)
he mortgage sum is the total amount that is borrowed from a lender. Koopakte (Purchase deed)
The written purchase agreement between the buyer and seller of a house. Other words for koopakte are koopcontract or koopovereenkomst (purchase contract or purchase agreement). Maandlast netto (Monthly charge net)
The net monthly payment is the amount that is paid monthly for the mortgage after tax settlement. Therefore, the tax is taken into account. National Mortgage Guarantee (NHG)
 Notariskosten (Notary fees)
When you buy a house, a visit to the notary is unavoidable. The deeds required for the purchase of a home are drawn up by a notary. Taxatiekosten (Appraisal costs)
The appraisal costs are one of the additional costs when taking out a mortgage. They are the costs for the valuation of a house by an independent appraiser. WOZ-waarde
WOZ stands for Valuation of Real Estate (Waardering Onroerende Zaken). The WOZ Act ensures that all governments use the same valuation for a home when levying taxes.