Replacement Cost vs. Market Value: What’s the Difference?
Replacement cost is the cost of rebuilding your home or replacing damaged property based on current prices. Market value is the amount of money your home would sell for in the current market.
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Licensed Realtor with 10+ years in personal finance content
Contributor to Nasdaq and USA Today
Daria is a licensed Realtor and resort property manager specializing in personal finance, real estate, and insurance topics. In her spare time, she practices photography.
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Experienced personal finance writer
Background working with banks and insurance companies
Sarah enjoys helping people find smarter ways to spend their money. She covers auto financing, banking, credit cards, credit health, insurance, and personal loans.
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Updated July 12, 2024
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