Is it possible that from the beginning of the year to today, the state assessment of an apartment...

14.07.2023 18:25 • Question

Is it possible that from the beginning of the year to today, the state assessment of an apartment has almost doubled? Considering the fact that this is a one-room apartment in an old, 5-story building in Boryspil.

At the beginning of the year, 507,000, today it is 922,000.

1 Answers

Yaroslav Sikorsky

Answer provided 18.07.2023 09:15

Real estate appraisal is the establishment of an official price for real estate with the subsequent issuance of a corresponding certificate. The official price is usually close to the market price.

Depending on economic and many other factors, the price of an apartment in a certain region can both increase and decrease, so the answer is YES, the price of an apartment could increase several times.

The answer is informational and does not replace a full legal consultation. For a detailed analysis of your situation, contact a lawyer directly.