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Appraisal Value
(redirected from Appraised value)

    Also found in: Wikipedia 0.01 sec.
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.
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As of April, 2005, the Appraised Value of the real estate was $1,850,000, so the Owner is selling his property for $360,000 BELOW Appraised Value
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Estimated appraised value of the remodeled home: $2 million.
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United protested the assessment, asserting that the appraised value for the property was unequal to the appraised value of several comparable properties.
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