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.
Prepare for Your Real Estate Career in 2025: Start Now and Seize the Opportunity As we find ourselves in the final stretch of 2024, there's a palpable sense of urgency...
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