Rent Estimate Formula:
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The Rent Estimate Calculator provides an estimated rental price for two-person units in Germany based on comparable rents adjusted for property features.
The calculator uses the following formula:
Where:
Explanation: The calculator averages comparable rents and adjusts for differences in property features.
Details: Accurate rent estimation helps tenants assess fair market prices and landlords set competitive rental rates for two-person households in Germany.
Tips: Enter at least two comparable rental prices in EUR. For best results, use recent rental data from similar properties in the same neighborhood.
Q1: How many comparable rents should I enter?
A: At least two are required, but three will provide a more accurate estimate.
Q2: What counts as a comparable rent?
A: Similar size (for 2 people), same neighborhood, and similar property type (apartment, house, etc.).
Q3: How are features adjusted?
A: Premium features (like new appliances) add 10%, basic features (older appliances) subtract 10% from the base rent.
Q4: Does this include utilities?
A: No, this estimates the base rent (Kaltmiete). Utilities (Nebenkosten) would be additional.
Q5: How accurate is this estimate?
A: Accuracy depends on how comparable your input rents are to the property being evaluated.