The Best Fair Market Value For A 3B 2B Moblie Home References. Initially, the market value of the book was $18.95. Typically your home will depreciate around 3% to 3.5% each year.

Fair market value (fmv) is, in its simplest expression, the price that a person reasonable interested in buying a given asset would pay to a person reasonably interested in. Fair market value is in part differentiated from fair value on the basis of discounts. Initially, the market value of the book was $18.95.