Capricious Value

Concept of Capricious Value in the context of Real Property

A short definition of Capricious Value: In appraisal, a value based on whim or emotion and not reflective of the fair market value.

Concept of Capricious Value in the context of Real Property

A short definition of Capricious Value: In appraisal, a value based on whim or emotion and not reflective of the fair market value.