http://www.insuringflorida.com/blog Insurance Industry News Mon, 05 Apr 2010 20:48:35 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 http://www.insuringflorida.com/blog/2009/08/07/market-value-vs-replacement-cost/ http://www.insuringflorida.com/blog/2009/08/07/market-value-vs-replacement-cost/#comments Fri, 07 Aug 2009 14:11:39 +0000 Kevin_Statewide http://www.insuringflorida.com/blog/?p=16 What is the basic difference between Market value of a home and Replacement cost? The market value of a home is the amount of money a seller might expect to sell the home for in the market place. You may be able to get an idea of what the value is through recent comparable sales or market changes. Replacement is the cost to reconstruct the home back to today’s standards and building codes. They may even include fees that are associated with architects, contractors and builders profit.

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