‘估价’ is a verb meaning ‘to appraise’ or ‘to assess the monetary value’ of something—typically property, goods, artwork, or real estate. The first character 估 (gū) means ‘to estimate’ or ‘to guess based on experience,’ while 价 (jià) means ‘price’ or ‘value.’ Together, they form a compound verb that emphasizes professional or informed judgment about worth, not casual guessing. It’s commonly used in business, finance, insurance, and real estate contexts.

This word implies a formal or semi-formal evaluation process, often conducted by experts such as appraisers, auctioneers, or valuation consultants. Unlike the more general 估计 (gūjì, ‘to estimate’), 估价 specifically concerns financial or market value and usually results in a stated figure. It can be used transitively (e.g., 估价一套房产) or in passive constructions (e.g., 这幅画已被估价). While it may appear in written reports or official documents, it’s also common in everyday conversations about buying or selling valuable items.