Constructive Market Value


Definition of "Constructive market value"

Dustin Wagner
  Green Lion Realty

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.



Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ