Real estate blog entries tagged with market value by John Tooley (John Tooley Insurance Agency)

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Home : Blogs : John Tooley : John Tooley's Blog : Tag "market value"

market value: Replacement cost vs. Market value - 09/10/08 10:05 AM

I often get asked the difference between replacement cost for insurance and the market value for a home being resold. Since I know this is a question/concern out there I thought that I would write about it. Replacement cost is the cost it is estimated to take to put that house back with like quality features in today's market. Usually this will be a higher value than resale. I will list a couple of reasons for this. Scenario 1) You are selling a home that is a great deal for someone, but needs a little updating. The updating requirements are going … (12 comments)

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John Tooley

Owasso, OK

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John Tooley Insurance Agency

Address: 10314 N 138th E Ave., Suite 102, Owasso, OK, 74055

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