Appraisal Value


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Appraisal Value

The value of a property as estimated by a person licensed to do so. The appraised value may take into account the quality of the property, values of surrounding properties, and market conditions in the area. It is important for determining the property taxes for which the owner is liable, as well as a potential sale price if the owner wishes to sell the property.
References in periodicals archive ?
The gap between an appraisal value and homeowner expectations widened in January reversing course for the first time in eight months.
In order to determine the loan to appraisal value, Pag-IBIG applies the following formula: if loan amount is up to P450,000, loan-to-appraisal value ratio is 100 percent.
These categories also make the case for green appraisal value, and the guide notes that they should be considered by lenders both during appraisal and underwriting.
According to CBRE Research, the price paid by the automaker was more than triple the appraisal value, and also the highest price by far for a single piece of land in Asia since the global financial crisis.
The impairment loss reflects company's decision to write off Botanic Garden project (2% of AFI portfolio) and the expected decrease in the appraisal value of Pochtovaya, Kossinskaya and Tverskaya Plaza Ib and II.
Mitchell's 2Q-2011 data reflect an initial average gross collision appraisal value of $2,761, about $90 less than this same period last year.
To maximize the appraisal value, it's best to minimize the premiums to achieve lifetime benefits.
The value of core organizational competences is part of the appraisal value.
The final repair cost, not including deductibles (average gross collision appraisal value) in the second quarter was $2,729, or 3 percent less than last year, but with the development factor it comes up with a gross collision appraisal value of $2,802--identical to the same quarter in 2008, Mitchell reported.
Treasury bond prices and the appraisal value of the country's euro-denominated assets, the Finance Ministry said Friday.
He was asked by county attorney Karla Burnett during an appeal to County Judge Buddy Villines and revealed the appraisal value at that time.