Constructive Market Value
Definition of "Constructive market value"
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.
Popular Real Estate Terms
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Nonprofit entity disseminating advice and data on the best utilization of land. The address is 1090 Vermont Avenue, NW, Washington, DC 20005, telephone (202)289-3307. ...
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Molding used in corners simulating a quarter of a circle. ...
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