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Updated almost 9 years ago,

Bevla Reeves's profile image
Bevla Reeves's profile image
Bevla Reeves
  • Real Estate Agent
  • from Scottsdale, AZ
  • Member since Sep 7, 2011
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User Stats

471
Posts
296
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Bevla Reeves's profile image
Bevla Reeves's profile image
Bevla Reeves
  • Real Estate Agent
  • from Scottsdale, AZ
  • Member since Sep 7, 2011
Connect
Bevla Reeves
  • Real Estate Agent
  • Scottsdale, AZ
296
Votes |
471
Posts
Buying & Selling Real Estate

How do YOU define "Market Value"?

Bevla Reeves
  • Real Estate Agent
  • Scottsdale, AZ
Posted

Hello All!

How do YOU define "Market Value"?  I know some investors (including myself) define it as the price the property will sell for on the open market in it's current condition (regardless of what that condition is) ...

And I know investors who define it as the price it will sell for on the open market after repairs or a full renovation.

I'm just curious...how do YOU define it?

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