it is appraised at

USAGE SUMMARY

The phrase "it is appraised at" is correct and usable in written English.
You can use it when discussing the estimated value of an item, property, or asset, often in financial or real estate contexts. Example: "The property is appraised at $300,000, reflecting its current market value."

✓ Grammatically correct

News & Media

Human-verified examples from authoritative sources

Exact Expressions

3 human-written examples

It is appraised at $35,000.

The New Yorker

Now, a year later, it is appraised at $425,000.

The New York Times

Fifty boasts that Tyson paid $12 million for it in the late 1990s and sold it to Fifty for $4 million in 2003 and that today it is appraised at $20 million.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

48 human-written examples

Recently, she said, it was appraised at $475,000.

The New York Times

When buyers waive the mortgage contingency, it means that even if they fail to get a mortgage or if the house is appraised at less than the purchase price, they are obligated to go forward with the purchase.

The New York Times

With the rights intact, the land is appraised at approximately $40,000 an acre.

The New York Times

From 1855 to 1864 the property is appraised at $3,000, increasing only when the property is improved to the present five-story building in 1864.

The New York Times - Books

The home is appraised at $3.2 million, according to the Harris County Appraisal District's Web site, and includes a pool, a gym and a horseshoe pit Clemens installed after former President George Bush visited and wanted to play.

The New York Times - Sports

For example, if a home bought years ago for $25,000 is appraised at $100,000 today, the donor gets the $100,000 deduction.

Forbes

If the house is appraised at $300,000, the buyer's cash requirement won't be reduced.

Huffington Post

After renovations, he said, it recently was appraised at $370,000.

The New York Times

Expert writing Tips

Best practice

When using "it is appraised at", ensure the context clearly indicates who performed the appraisal and the date of the valuation for transparency.

Common error

Don't use "it is appraised at" when referring to property tax assessments. Appraisal is a broader valuation, while assessment specifically relates to taxation.

Linguistic Context

The phrase "it is appraised at" functions as a declarative statement used to express the assessed monetary value of a subject, as determined through a professional appraisal. As Ludwig AI shows, it is commonly used in real estate and financial contexts.

Expression frequency: Uncommon

Frequent in

News & Media

100%

Less common in

Formal & Business

0%

Science

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, the phrase "it is appraised at" is a grammatically sound and relatively common expression used to state the assessed value of something, often in financial or real estate contexts. As Ludwig AI confirms, it is most frequently encountered in news and media. While "it is valued at" offers a close alternative, being mindful of the context and purpose—whether for taxation, insurance, or sales—is key. Keep in mind the specific context and ensure transparency regarding the appraisal source to maintain clarity. Avoiding confusion with assessment, particularly in tax-related matters, ensures precise communication. The phrase is formal enough for professional settings while still accessible for general audiences.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

it is valued at

Uses "valued" instead of "appraised", implying a more general assessment of worth.

it is estimated to be worth

Emphasizes that the value is an estimation, not a precise calculation.

its assessed value is

Refers specifically to a value determined for tax purposes.

it carries an estimated value of

Suggests the value is assigned or attributed to the item.

the assessed valuation is

More formal and technical, often used in financial or legal contexts.

it has a market value of

Focuses on the value based on current market conditions.

it is deemed to be worth

Implies a judgment or opinion is involved in the valuation.

it is considered to be valued at

Highlights that the valuation is based on consideration and assessment.

the valuation comes in at

Informal way to specify the final value that has been estimated.

the worth is placed at

Indicates a value has been officially assigned.

FAQs

What does "it is appraised at" mean?

The phrase "it is appraised at" means that a professional appraiser has estimated the value of something, such as a property or an item of personal property, based on its condition, market value, and other factors.

How is an appraisal different from a market analysis?

An appraisal is a formal valuation conducted by a licensed appraiser, while a market analysis, also known as a comparative market analysis (CMA), is an informal estimate of value based on similar properties that have recently sold in the area.

What can I say instead of "it is appraised at"?

You can use alternatives like "it is valued at", "it is estimated to be worth", or "its assessed value is" depending on the context.

Is "it is appraised at" formal or informal language?

The phrase "it is appraised at" is considered neutral to formal language. It is often found in professional reports, news articles, and real estate documents.