WOZ value
The WOZ value plays an important role in various taxes. But what exactly is it and how is it determined? On this page, we explain and help you understand the WOZ value of your house.
What is the WOZ value and how does its determination work?
The WOZ value is the estimated market value of your house. Below are the steps the municipality follows with the help of an appraiser to determine this value.
Establishing reference houses
Comparable houses that have recently sold are chosen as references.
Analyze characteristics
The specific characteristics of the property, such as size and location, are analyzed.
Calculate value
Based on the reference houses and characteristics, the WOZ value is calculated.
Objection procedure
Should you disagree with the assessed WOZ value, you can object within a certain period of time.
Want to know more about the WOZ value?
Questions about the WOZ value of your property? We offer clarity and support.
Frequently asked questions about the WOZ value
Understand what WOZ value is and how it affects your taxes.
What is WOZ value?
WOZ stands for Valuation of Immovable Property. The WOZ value is the estimated market value of your house, determined by the municipality. This value is used to calculate various taxes.
How is the WOZ value determined?
The WOZ value is determined annually by the municipality through an appraisal report based on similar houses sold in the neighborhood, the condition of the house, and other factors such as size and location.
What is the WOZ value used for?
The WOZ value is used to calculate the amount of various taxes, such as the property tax (OZB), the owner-occupied house tax, and the water board tax.
Can I object to the WOZ value?
Yes, if you disagree with the assessed WOZ value, you can object to the municipality within six weeks of receiving the WOZ assessment.
Where can I find the WOZ value of my property?
The WOZ value of your home is listed on the WOZ assessment that you receive annually from the municipality. You can also consult the WOZ value online at https://www.wozwaardeloket.nl/.
Can I view the WOZ value of other properties?
Yes, the WOZ value of homes is public. You can view the WOZ value of other houses through the WOZ value office or at your municipality.
