Apr 11 , 2016

Tampa School of Real Estate

Market Value

Definition:   the most probable price a property should bring in a competitive and open market under all conditions requisite to a fair sale

Pronunciation:   \ˈmär-kət\\ˈval-(ˌ)yü\

Used in a Sentence:   The appraiser determined that the market value for the property was $375,000.

M