property value

noun
UK /ˈprɒpəti ˈvæljuː/
US /ˈprɑːpərti ˈvæljuː/

The amount of money something is worth, like how much a house or toy could be sold for.

The property value of the house went up after they fixed the roof.

SYNONYMS

worthpricemarket valuevaluationcost

RELATED WORDS

propertyvalueappraisalreal estateassessment

OTHER MEANINGS

2. In computer programming, a stored piece of information attached to an object.

The program reads the property value before drawing the button.

3. The worth of a quality or characteristic, such as honesty or kindness.

Honesty has great property value in a good friendship.

4. The estimated price of land or buildings set by an official.

The city listed the property value for tax purposes.