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Definitions from the Web

Appraised Value

Definition: The appraised value refers to the estimated worth or monetary value of a property, asset, or item as determined by a professional appraiser.

Part of Speech:

• Noun

Senses and Usages:

Sense 1:

Meaning: The estimated value of a property or asset based on market conditions and the appraiser's evaluation.

Example: The appraised value of the house was significantly higher than what the sellers anticipated.

Related Products: Real Estate Appraisal Books

Sense 2:

Meaning: The assessed value of an item or piece of jewelry for insurance or taxation purposes.

Example: The appraised value of her grandmother's antique ring was much higher than its sentimental value.

Related Products: Jewelry Appraisal Tools

Sense 3:

Meaning: The value of an item determined by an appraiser in order to establish its worth for resale or donation purposes.

Example: Before donating the artwork, they had to obtain an appraised value for tax purposes.

Related Products: Art Valuation Guides