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 change allows the use of two methodologies, including appraised value.
6 million), as well as other real estate owned ("OREO") properties with an appraised value of $22.
In 2007, using a comparable sales approach, a Notice of Value showed an appraised value of $721,000 for the property and a quality rating of "Good.
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
9 million, and an aggregate appraised value of $17.
The servicer of the $225 million loan on the sprawling, rent-stabilized Harlem apartment complex reduced the appraised value of the loan to $196 million, $29 million less than the first mortgage, Trepp said.
The financing was provided through a commercial bank at an 80 percent loan-to-cost ratio, which included the appraised value of the land.
In the first situation, the RSC contracts with the employee to pay the appraised value of the residence.
Pringle said if the appraised value rises before a sale is complete, the city would recoup a portion of the increase.
I would suggest using your savings to enhance the appraised value of your current rental property.
The appraised value of the homes involved in the deal is over $14 million.
Magnusson argues that a straight gift of a property is the least complicated donation method, and provides the company with the full appraised value of the asset at the time the title is transferred to a charity.