[General] undervalued vs underpriced

[goodstudent]

1) Are the meaning same for both undervalued and underpriced?

2) If I want to say "This keyboard I am selling is undervalued. I am selling it for $20, but the market price is $30.", am I correct or should I use underpriced?

Thanks

 

[Barb_D]

Value is subjective. Price is not.

If the market price is $30 and you're selling it for $20, then it's below market price. You could say "underpriced" but I wouldn't.

 

[goodstudent]

Is there any case that you would use the word "underpriced" or "undervalued"? Show an example if possible. Thanks

 

[UM Chakma]

Barb, could you please tell then what would you use/say?

 

[Barb_D]

At only $20, it's well below market price.

 

[Gillnetter]

Is there any case that you would use the word "underpriced" or "undervalued"? Show an example if possible. Thanks

If a house has been appraised at $150,000.00 and it is offered for sale at $95,000.00, it is underpriced. If a house is worth $150,000.00 and a new appraiser says it is worth $95,000.00, it is undervalued. This can be expanded to include almost anything which can be sold. A bottle of water may have a common street value of $4.00. If someone offers this bottle for $3.00, it is underpriced (the market value is $4.00). If this bottle of water is offered in an area where there is little water, it may be undervalued at $10.00 (here, the market value may be much higher). Value is subjective and much of what constitutes value is the demand for the item.

 

[Tdol]

If a person feels that their efforts are not been appreciated, they could say that they were undervalued.