You live in Zurich. So it would be by GVZ.
An assessment should be done every 12 to 15 years.
https://infothek.gvz.ch/pages/viewpa...pageId=1257549
Insurance premium is CHF 0.32 / CHF 1k. Or in other words CHF 320 per 1 M, or 0.032% of the value. Thats is per year, not per month. And it is the buildings value. Not the real estates value. Actually the price to rebuild the thing from scratch.
https://infothek.gvz.ch/pages/viewpa...ffb4d6e9cc3b3e | Quote: | |  | |
| From what the notar and real estate people have advised, its stupid to get a new evaluation because then the monthly ins. premium goes up which makes sense, but I am more concerned with something happening to the home and them not wanting to cover the amount it would take to fix or rebuild. | |
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Let us assume it costs 1M to rebuild the house and you currently pay CHF 0 per month. In that case the monthly insurance costs increases by CHF 27. Or less than a total of CHF 10k in 30 years. Yes, that is real money. But is it a lot? Decide for yourself.