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Constructive Market Value

Definition of "Constructive market value"

Karen D. Bibbs
  Better Homes and Gardens Gary Greene

Estimated market price property could bring using currently accepted appraisal methods. This might not be the same as the market price at any one given time when the seller is compelled to sell under auction circumstances, but rather the highest price a willing buyer would pay in an open and fair market. See also comparable sales; comparables; market analysis; market approach.

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