Real Estate Valuation

Definition of "Real estate valuation"

Jessica Fox real estate agent
Jessica Fox, Real Estate Agent Long & Foster-Media

Same as term appraisal: Valuation assessment of real property by an expert third party for the following purposes:

  1. developing a realistic market price.
  2. setting a market value at the time of death when probating an estate.
  3. dividing the value of real estate between the property and structural improvements.
  4. establishing insurable value.

Have a question or comment?
We're here to help.

*** Your email address will remain confidential.


Popular Real Estate Terms

Popular Real Estate Questions