Estimating True Market Value

FREE True Market Value Report at edmunds.com.

Before Estimating True Market Value, I thought it would be useful to define the term. True Market Value is the point where a willing buyer and willing seller agree on a price point to conduct a transaction.

It is considered an event and a snapshot in time. So theoretically, the price someone is willing to pay last month will not be the same as the price someone is willing to pay this month. At the end of the day, the more informed you are and the more data you have, will help you understand trends in the marketplace. Prices going up, going down, etc. Hope this is useful.

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