Real Estate Valuation

noun the value of a company's stock according to its balance sheet account balance

• The company's assets are recorded on the balance sheet at their book value.
• I heard that the book value of that car is much lower than its actual worth.
• I can't believe they sold that house for way below its book value!
• Sometimes we have to look beyond the book value of a person to truly understand their worth.

noun a reassessment or reevaluation of something, especially the value of a financial asset

• The company conducted a revaluation of its assets to reflect their current market value.
• They had to revaluate the prices of their products after seeing the competition's rates.
• I did a reval on my wardrobe and realized I have way too many clothes.
• After the accident, she went through a revaluation of her priorities in life.

noun a word that refers to a person, place, thing, event, substance, or quality

adjective a word that describes or modifies a noun

• The insurance company calculated the actual cash value of the damaged property.
• They figured out how much the stuff was really worth.
• They determined the cold hard cash value of the items.
• The actual cash value of the situation was much lower than expected.