What is the inventory value of an apartment? How can I find out?

When buying and selling housing, special attention is paid to the inventory value, since the amount of the property tax depends on it. The amount of tax payments is established by law, and the basis for calculation is a certificate of the inventory value of the apartment from the BTI.

Definition

Inventory valuation of the property is made by the employees of the BTI. Accordingly, the term "inventory value of an apartment" means a financial assessment of the object. In many respects this result depends on the following factors:

• Dimensions of living space;
• lifetime;
• Availability of communal facilities;
• Qualitative characteristics of the object.

Inventory valuation is the main criterion taken into account when making real estate transactions. Also, this indicator is taken into account when determining the amount of tax payment by the owner of the residential facility. The term itself appeared relatively recently. And the reason for its introduction into the system was a rather low level of tax deductions. A certificate from the BTI can be issued to the owner of the home in person or through a trustee.

The main differences between the cadastral valuation and the inventory

The cadastral methodology for estimating the value of a property is quite different from an inventory. In developing this type of assessment, the Ministry of Finance (RF Ministry of Finance) focused on increasing tax allocations to the budget. This was due to the fact that the usual increase in the available tax rates at that time was impossible. That is why the Ministry of Finance decided to resort to such a method. The main goal of this castling was to maximize the value of the object on the market. Over time, the cadastral valuation received legal support in the form of the law "On appraised value in the Russian Federation".

Thus, we can conclude that the cadastral and inventory value of the apartment is different for the following parameters:

• The status of the object is the prestige of its position;
• Comfort level;
• Location.

The cadastral value will be as close as possible to the market value. While the inventory evaluates only the structure itself and the materials from which it was made. In the inventory assessment of the premises, the owner will face a lot of difficulties. For example, only an official organization can perform this operation. While for the cadastral price of the object, it will be sufficient only to call the appraiser at home.

Inventory cost of an apartment: how to find out

Specialists recommend that owners, in order to identify the inventory assessment, apply to state authorities. You can calculate this figure yourself. However, this is not so easy to do, and often the necessary reference material is not at hand.

In the territory of each settlement there must necessarily be a BTI in which any owner can get a certificate of inventory at the place of residence. The owner of the premises has the full right not to agree with the received appraised value and to appeal against the BTI decision in a judicial procedure.

There is another method for calculating the inventory value of the apartment - in Rosreestr. This service is provided online in the official website of the organization. But if the object was privatized before 2012, then there is a risk of obtaining data that does not correspond to reality.

Calculation of the inventory value of an apartment

As a basis for calculating the inventory value, it is customary to take the so-called reassessment assessment. Such actions are carried out with the use of information on the value, set out in the editions of the distant 1969.

The inventory value of the apartment is calculated by the following formula: the total cost minus the temporary and moral wear of the property.

Calculation scheme

So, the basic calculations are made as follows:

1. The restoring price of the room is calculated. Such a calculation is carried out by analyzing the initial state of the structure and materials of the object, as well as by comparing the information obtained with the data in the collections.
2. The main coefficients and corrections are calculated. Then, with their help, the real value of the object is revealed.
3. The amount of final wear and tear of the building is calculated. And both moral and temporal. After that, the BTI makes adjustments to the cost of inventory wear by multiplying the identified unit by the percentage of wear.
4. Completion of the calculation is the calculation of the difference between the total value of the object and the amount of general depreciation.

The inventory value of an apartment is an important parameter. You can calculate it yourself. However, this will require all the necessary initial information from the collections and focus on the process. Otherwise, the owner runs the risk of allowing oversight and, as a consequence, wasting time in vain.