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What does it mean -- 'the house had been valued'?



 
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Finish the paper work | A very large house round which there are some lovely gardens
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What does it mean -- 'the house had been valued'? Sat Aug 27, 2005 12:55 pm  What does it mean -- 'the house had been valued'?
 

Test No. incompl/advan-10 "Finance (2)", question 9

After their house had been ........., they decided to sell it and buy a bigger one.

(a) valued
(b) priced
(c) cost
(d) prized

Test No. incompl/advan-10 "Finance (2)", answer 9

After their house had been valued, they decided to sell it and buy a bigger one.

Correct answer: (a) valued
_________________________

Why 'valued' is the correct answer?
Melody
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Valued Sat Aug 27, 2005 13:01 pm  Valued
 

This means that someone has worked out/calculated what the house is worth - in other words how much it would cost if you wanted to buy it.
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