WOZ Valuation: Who Qualifies and What You Get

The WOZ Valuation is an official assessment of the market value of your property provided by the local municipality (Gemeente). This valuation serves as the standard benchmark used by the government to determine various property-related costs and obligations.

👤Who it's for

This scheme is mandatory for all property owners. If you own real estate, you are subject to this valuation process.

🎁What you get

You receive an official tax valuation of your property. This assessment provides a formal, government-recognized value for your home or building. This figure is used by different authorities to calculate your local taxes and other related fees. It provides a standardized way to measure property worth across the region for administrative and tax purposes.

💰What it costs you

There is no cost to receive this valuation. The municipality sends the assessment to you annually, and you do not pay a fee just to receive the official document.

⚠️The catch to know

The accuracy of the valuation is critical because it has direct financial consequences. If the WOZ is set too high, you will face higher tax bills. On the other hand, if the valuation is set too low, it can limit your mortgage options, as lenders often use this official figure to determine how much they can lend you. It is important to review the document carefully every year to ensure the assessed value reflects the actual state of your property.

📝How to apply

Because this is an annual assessment sent by the municipality, you do not "apply" for it, but you must manage the results:

1. Review the annual valuation document sent to you by the Gemeente.
2. Check that the valuation aligns with the current market reality of your property.
3. If you find the valuation is incorrect, you can submit a Bezwaar (objection) to challenge the amount.
4. Use the WOZ-loket or the official municipal channels to manage your assessment or dispute the value.