An appraised value (USA) or mortgage valuation (Australia) pertains to the assessed value of real property in the opinion of a qualified appraiser or valuer. It is usually used as a pre-qualification & risk-based pricing factor related to the issuance of mortgage loans by a financial institution. ==Overview== When obtaining a mortgage, the funding...
A surveyor`s estimate of the value of the property. 
The estimated value given to a property by a surveyor
an estimation of the current market value of a property.