WOZ-waarde (Property Valuation)
Understanding the Dutch rental term "WOZ-waarde" and what it means for tenants in the Netherlands.
Definition
The official valuation of a property determined annually by the municipality under the Wet Waardering Onroerende Zaken (WOZ). This value is used for multiple purposes including property tax calculations and plays a role in the points system (puntensysteem) that determines the maximum rent for regulated housing.
When You'll Encounter This
You will see WOZ-waarde referenced when checking whether your rent is fair through the puntensysteem, or when reviewing your landlord's municipal tax assessment.
Example
Your apartment has a WOZ-waarde of €250,000. When calculating the points for the puntensysteem, this valuation contributes a specific number of points that help determine the maximum allowable rent.
Practical Tip
You can look up the WOZ-waarde of any address for free through the official property-value register. If you believe the valuation is too high and it affects your rent calculation, you can object to the municipality within six weeks of the assessment.
Related Terms
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