Zillow Advice: Home Buying - what's value http://www.zillow.com/advice-thread/what%27s-value/488778/ Zillow Advice | Zillow Real Estate I agree with Randall. Value, ... http://www.zillow.com/advice-thread/what%27s-value/488778/ I agree with Randall. Value, of anything, is what someone is willing to pay for it. Fri, 10 Jan 2014 16:03:00 GMT http://www.zillow.com/advice-thread/what%27s-value/488778/ 2014-01-10T16:03:00Z There are many types of "Value". ... http://www.zillow.com/advice-thread/what%27s-value/488778/ There are many types of "Value". &nbsp;Depending on the circumstances, value will change. &nbsp;Appraiser typically deal in "Fair Market Value", this is defined as the most likely sales price of a home with a willing buyer and a willing seller with normal marketing and exposure time. &nbsp;Other types of value are sentimental Value, intrinsic value, functional value and replacement value. &nbsp;For most real estate transaction, the Fair Market Value is the most widely used. Thu, 09 Jan 2014 20:12:00 GMT http://www.zillow.com/advice-thread/what%27s-value/488778/ 2014-01-09T20:12:00Z Value in real estate can ... http://www.zillow.com/advice-thread/what%27s-value/488778/ Value in real estate can be any number of things to an individual buyer. Someone they see value in the type of construction, to someone else it is in the neighborhood, and to yet another it may be the intrinsic value of the property itself.<br/><br/>Value is typically what a buyer or seller establishes what a person is willing to pay for a particular property. &nbsp;Similar to any other commodity, the value is in the eyes of the buyer! Sat, 20 Apr 2013 16:44:00 GMT http://www.zillow.com/advice-thread/what%27s-value/488778/ 2013-04-20T16:44:00Z