What does RV and LV mean in real estate advertisements?

January 7th, 2008 | by admin |
sassw asked:

You know when you look at a Property Press or something and you read the description of the house etc… and then it has LV $240,000 RV $460,000 or whatever… what does that mean?

Question posted courtesy of: Rachel
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    1. 2 Responses to “What does RV and LV mean in real estate advertisements?”

    2. By Canabalistic W on Jan 7, 2008 | Reply

      Land value??
      Rateable Value

    3. By chloess on Jan 10, 2008 | Reply

      Rv is registered valuation and think lv is the land value.

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