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2. Does homeowners insurance cover renovations? - AOL

   www.aol.com/finance/does-homeowners-insurance...

   The tricky part is that your home’s value is not based on the market value — which is the price you paid for it or the price it would get on today’s real estate market. Insurers use a ...

3. Will California homeowners relocate or rebuild? Both ... - AOL

   www.aol.com/finance/california-homeowners...

   Tens of thousands of California residents will decide whether to permanently relocate or rebuild their homes after the most destructive fires in Los Angeles’ history. ... $100,000 for a property ...

4. Real estate appraisal - Wikipedia

   en.wikipedia.org/wiki/Real_estate_appraisal

   Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value). Real estate transactions often require appraisals because every property has unique characteristics.

5. Home insurance - Wikipedia

   en.wikipedia.org/wiki/Home_insurance

   As in the US, mortgage lenders within the United Kingdom (UK) require the rebuild value (the actual cost of rebuilding a property to its current state should it be damaged or destroyed) of a property to be covered as a condition of the loan. However, the rebuild cost is often lower than the market value of the property, as the market value ...

6. Cost approach - Wikipedia

   en.wikipedia.org/wiki/Cost_approach

   The fundamental premise of the cost approach is that a potential user of real estate will not, or should not, pay more for a property than it would cost to build an equivalent. The cost of construction minus depreciation, plus land, therefore is a limit, or at least a metric, of market value.

7. Tax assessment - Wikipedia

   en.wikipedia.org/wiki/Tax_assessment

   Federal, state, and local governments impose tax assessments against real property, personal property, and income. The word tax assessment is used in different ways, but often refers to a tax liability owed by a taxpayer. In the case of property, a tax assessment is an evaluation or an estimate of value that is typically performed by a tax ...