I realize this was a few years ago but I"m going to answer in hopes that it helps someone else with this same question. When an appraiser looks at the value of your home, the surrounding comps will obviously be taken into condition. "Market Value" is what the general public is willing to pay for a specific property (or product). The only way to know what fair market value is in your area is by having a Realtor run "comps" for you to gain an idea of what the average selling price per sf is, to gauge what you would be able to sell your home for. Obviously numbers change with the seasons and changing markets so it's imperative to have updated numbers. Feel free to contact me if you need comps ran and are thinking of selling.
-Amy S. Arey, Realtor, CNE
Halo Group Realty, LLC