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Fair market value typically is the worth, what someone else is willing to pay for it is what you are likely to sell it for so that is the value. If you know that, then you know the value. There is also assessed value - which is often different from fair market value but of no real relevance when conducting some type of transaction such as a sale, refi or a reverse mortgage.If you aren't really sure of the fair market value, perhaps you're referring to a zestimate or an assessmemt and you want to know what it might do in the market today, then the options are, 1. Get an appraisal or 2. Get a local person (agent or appraiser) to do a CMA for you.
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For Sale: $175,000
For Sale: $108,000
For Sale: $78,000