Value, cost, worth and price are words in real estate practice and education that have been interchangeably used without much recourse to their relationships and sharp differences which may be detrimental to value determination. The literature on this subject appears to be scarce. Hence, it is the intention of this article to bring to fore the in-depth of their relationship and differences. Necessary information was derived from secondary data through article literature published in Google Scholar, Scopus, ScienceDirect, Ebscohost and a host of others. Findings showed that though the concepts are related, their differences cannot be undermined. The findings of this article would be useful to the real estate stakeholders including the academic circle.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.