The market value of a Jacksonville Fl home and appraised value of that same Jacksonville fl real estate are slightly different. The market value is the amount a home will sell for at a certain time. This is frequently based on a comparative market analysis. The comparative market analysis is an informal estimate that examines how much homes of similar stature sold for. It is performed by a broker or real estate agent. The appraised value of a home is the price set by a certified appraiser. It is based on their opinion of what the house is worth at a set time. Most lenders will require you to have an appraisal done as part of obtaining a Jacksonville Florida mortgage loan.