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Determining Fair Market Value Part I

International Society of Appraisers

5/13/2025 12:00:00 AM Determining fair market value (FMV) can be a complex process, as it is highly dependent on the specific facts and circumstances surrounding each appraisal assignment. IRS Publication 561, Determining the Value of Donated Property , is the best starting point for guidance on determining fair market value.

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Appraisal Before Selling: Why Knowing Market Value Protects You – Insights from Ray at ValuePros

ValuePros Appraisal Services

An appraisal before selling protects your value. Im Ray from ValuePros , and Ive seen it allrushed sales, undervalued assets, and people who simply didnt realize the worth of what they owned until it was too late. Thats when mistakes happen, and value is lost. Buyers know how to spot those moments.

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Part II: Understanding and Determining Fair Market Value in Canadian Appraisals

International Society of Appraisers

5/22/2025 12:00:00 AM Fair market value (FMV) is foundational in Canadian personal property appraisals prepared for charitable donations, estate administration, and cultural property certification applications. This means a consistently achieved market price, not an unusually high one-off sale.

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Why Accurate Appraisals Matter in the New Year

Penrose Appraisals

This can bring peace of mind that comes with knowing the fair market value of personal property, especially family heirlooms or collectibles. Consumers are attracted by the value, sustainability, and uniqueness of buying used items. If you are considering an estate sale, I can help! Check out my estate sale services here.

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Insights on Auction Sales: A Transformer and a Stamp Collection

WorthPoint

We thought it would be a great idea for him to select some of his favorite sold items and explain why those sales stood out to him. Take a look at his thoughts on a few of our partners’ recent sales. in value—an average of $57.16 Their sales cover the full spectrum, from $1 treasures to higher-ticket items.

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4 Reasons to Get an Estate Appraisal – Ray from ValuePros

ValuePros Appraisal Services

In both situations, you need an independent expert who knows how to properly document fair market value. A professional estate appraisal gives you the real market value so you can make informed decisions, choose the right selling channel, and avoid underpricing valuable items. Need Help Getting Started?

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Why Get a Diamond Appraisal for Your Engagement Ring

GIA 4Cs

For example, an insurance replacement value is generally much higher than a fair market value. Thats because replacement value is the estimated cost to duplicate an item at current prices. They should never state the value of a diamond. Find out how he keeps up to date on gem and jewelry values.