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When we talk about how to know the value of a house, the first thing we will have to take into account is the Cadastre. The cadastral value of a home allows you to know all the data of the property, but it will also give you the information you need to know how much you can sell your house for. Today we will see how to know the cadastral value of a house.
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The cadastral value
The cadastral value of a property appears registered in the Cadastre, an administrative body that depends on the Ministry of Finance. This is because depending on the type of real estate you have (urban, rustic or with particular characteristics), they will affect how much you will have to pay taxes such as IBI, personal income tax or the Property Transfer Tax.
The cadastral value serves to classify the property and establish the economic capacity of the owners. To know the value, qualified technicians from the Cadastre carry out the real estate appraisal through information such as:

Location of the property.
The characteristics of the property and the building in which it is located.
The market value of housing, land and construction.
The cost of building materials, workers' fees.
Construction taxes.
The historical-artistic character of the building (if it has one).

These are some of the points that the experts take into account to make the cadastral valuation of the property.
 
How to know the value of a house?
If you need to know what the cadastral value of your home is, you have different ways to do it. Of course, you have to be the owner of the property or have the permits to be able to make the query, since not all the information in the cadastre is public.
How to know the value of a house through the IBI
Through the IBI or Real Estate Tax receipt you can check what the cadastral value is , since it should appear in the document. The IBI is a mandatory annual tax for all owners and must be paid to the Municipality.
In case you do not have the last IBI receipt, either because you have not kept it or because you have not paid it yet, you can go to the Town Hall or through the website to pay it or request a copy of the receipt.
Electronic Office of the Cadastre
Currently, when you have to make a query to the cadastre, the most frequent thing is to do it online: it is fast, safe and comfortable.
To be able to search for the cadastral value, you will only have to enter the cadastral reference that you can find in any tax or document referring to your home, the CRU (in case you did the Property Registry before 2016) or enter the address.
In person
You can go in person to the Town Hall or the Cadastre offices of your municipality. In order to verify that you are the owner of the home, you will have to bring your identity document and the property's cadastral reference ready.
When the cadastral data have already been verified, they will request the information from the municipality's cadastral map and they will give you the information you need.
By phone
If you do not have time to go to the offices but you cannot access the Electronic Office due to connection problems, you can always choose to call the cadastre to make the query. You will need ID and cadastral reference and they will provide you with the information by phone.
Resources
 
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Project Special: The New Era of Real Estate Development in Mexico
Will we see a mortgage rate war in Mexico in late 2020 and creativity in new products?
Debt crisis in the US and the real estate crash: a great investment opportunityCC BY 4.0 This work is
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