How to calculate the taxable value of your own home (primary dwelling)

The Norwegian Tax Administration calculates a property value (calculated market value for a residential property) based on Statistics Norway's statistical information concerning house sales. The calculation takes into account the property’s location, floor area, year of construction and type of dwelling.

The property's housing value

The property’s housing value is equal to the floor area of the property multiplied by a price per square metre based on statistics of property sales.

The calculation is based on information concerning the property's area, location, age and type.

The taxable value

The taxable value for your own home is 25 percent of the property value up to NOK 10 mill and for the part that exceeds NOK 10 mill the percentage share must still be 70 percent.

The informasjon is stated on your tax return

Usually, information on property area, year of construction and type of housing is stated on the tax return.  

You must still check that the pre-completed information on your property in the tax return is correct. Should any of the information be incorrect or incomplete, you must correct it in the tax return.

Calculate the taxable value

You can calculate the taxable value yourself using the housing calculator.

Certificate on already reported values

If you want a certificate on already reported values, you can log in and order a certificate of the taxable value of your property. The certificate states the total taxable value for the entire property.