Most often, you’ll have a market value and an assessed value, the latter of which is quite a bit lower. But don’t worry—that’s usually a good thing. Here’s a closer look at market value vs.

A home’s fair market value is, essentially, the price that a buyer would pay a seller for it on the open market. Many factors go into determining fair market value, including location ...

Intrinsic value includes such hidden assets as brand-name recognition, management expertise, and hard assets carried on the balance sheet at a cost significantly below their market value.

which defines fair value as "the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants." To apply this definition ...