What is Market Value?
Today Steven Wear discusses the topic “market value”.
Market value is a familiar term in real estate but there is more than it meets the eye.
Market value is the worth of the property on the market, seems easy to understand right?
But the question is, “what is your market?”.
Remember, a property is only worth what it will sell for. Looking at other listings of
properties won’t actually give an actual depiction of what your market value is.