The value is what the owner decides it should be. If a family has a little cabin by a lake that they love, how do they benefit to lose it at a price they didn’t want?
My realtor buddies always tell me the true value is what a buyer and seller agree to, not what the seller, or buyer individually opines to.
Don't worry. I saw the interview.
The family will get 4x, 5x, or 10x the value of the property and be able to buy a better place for less right around the corner.
It will be awesome. I can't wait.