The phrase "approximate value" means giving an estimation or a close guess of the value of something. It is not an exact or precise measurement, but rather a rough idea or an educated guess. Full definition
Personal Property — approximate value of the contents of all homes owned, all jewelry, art, antiques and other collectibles of specially significant value. (divorcesource.com)
We will provide you with comparable sale information for your neighborhood and a range of approximate values for your home. (joelnelsongroup.com)
Create a home inventory with approximate values so you can tally the proper amount of personal property coverage you'll need for a home or renter's policy. (insurancequotes.com)