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Real estate glossary

Market value (valeur vénale)

Estimated price at which a property could be sold under normal market conditions, between willing and sufficiently informed parties, at a given date.

Also known as: Open-market value
Category: Valuation and property value
Updated:

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General definition provided for information only. The rules that apply depend on your situation, the country and the law in force: check them with a professional (notary, lawyer, estate agent).

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