<p>Is there a formula for determining the value of a rental home that is to be declared an asset on the FAFSA?</p>
<p>I thought I once read of using the assessed value in this type formula.</p>
<p>This has been discussed quite a bit here in terms of how to value real estate in general. Formulas include: assessed value if close to actual, zillow.com, real estate agent who can cite comps, best guess as to net value that could be obtained in a quick sale, Federal Housing Index mulitplier using original cost…take your pick.</p>