Market Value

The market value (IVS©2017) is:

"the estimated amout for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an arm's length transaction, after proper marketing and where the parties had each acted knowledgeably, prudently and without compulsion".

Value Terms

Definitions of Value Concepts of property

Market value (ipd)

Definitions of Value Concepts of property

Market Rent

Definitions of Value Concepts of property

Market Value (Ar.17)