also: ひょうかかく
noun
appraised value; estimated value; assessment
Refers to the monetary value assigned to an asset, property, or item after professional evaluation, often used in tax, insurance, or auction contexts.
この土地の評価額は去年より上がった。
The appraised value of this land has increased since last year.
保険のために絵画の評価
I had the painting's appraised value checked for insurance purposes.
Compound of 評価 (appraisal, evaluation) and 額 (amount, sum). The reading ひょうかがく uses the standard on'yomi for 額 (がく), while ひょうかかく is a variant reading.