The future price of the property is determined by the appraiser and thanks to it we know how much the property can be sold for when the house is built or the planned renovation takes place. It is not equal to the cost in any case, it is influenced by the market potential of the area where the property is located.
Usual future price will affect the amount of the mortgage
The future value of the property is determined by the appraiser of the respective bank according to the renovation or construction plans and the current value of the property. It is also the limit up to which the bank is willing to finance your project with a mortgage loan.