Meaning of the word "Property value" in English
What does "Property value" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
Property value
US /ˈprɑp.ər.ti ˌvæl.juː/
UK /ˈprɒp.ə.ti ˌvæl.juː/
Noun
the monetary worth of a piece of real estate, determined by factors such as location, size, condition, and market demand
Example:
•
The property value in this neighborhood has increased significantly over the past year.
•
We need to get an appraisal to determine the current property value.
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