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Types of Real Estate Value

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is real estate value?

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1. What is real estate market value?

2. What is the real estate investment value?

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About This Quiz & Worksheet

Real estate agents must be fully informed, as they guide their clients in the selling and buying process. Questions in this quiz and worksheet ask you to define the key types of real estate value that must be considered when determining a listing price or offer.

Quiz & Worksheet Goals

In this quiz, you will be asked to define or explain:

  • Real estate value
  • Market value in real estate
  • Real estate investment value
  • Assessed value of real estate
  • How value in use is determined

Skills Practiced

  • Information recall - access the knowledge you've gained about the similarities and differences between the kinds of real estate value
  • Defining key concepts - ensure that you can accurately define main phrases, such as market value and real estate value
  • Distinguishing differences - compare and contrast topics from the lesson on real estate value, such as investment value and assessed value

Additional Learning

To learn more about this topic, review the lesson called Types of Real Estate Value. This lesson discusses:

  • More details about each value type
  • Examples for each kind of real estate value
  • How the economy can play into the value of a home
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