Market Value (Glossary Word)

 
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Market Value

The price at which property could be sold, generally applicable to real estate. One of several common ways property may be valued for the purpose of selecting insurance coverage limits. Closely related concepts are 'actual cash value' (ACV) and 'replacement cost'.


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Callicoon Office
39 Lower Main Street
P. O. Box 280
Callicoon, New York 12723
Phone: (845) 887-4210
Fax: (845) 887-5162

Jeffersonville Office
4898 State Route 52
P. O. Box 682
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Fax: (845) 482-3459

Roscoe Office
55 Stewart Ave
PO Box 338
Roscoe, New York 12776
Phone: (607) 498-4301
Fax: (607) 498-4605


 
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