Reappraise (verb)

1. To evaluate or assess something again, typically in order to revise or update a previous appraisal.
2. To reassess or re-evaluate something, usually to determine its current value or worth.

Origin:

From the prefix "re" meaning again and "appraise".

Examples:

1. The company reappraised the value of the property.
2. The insurance company reappraised the value of the car after the accident.
3. The art collector reappraised the painting to update its value.
4. The bank reappraised the collateral on the loan.
5. The government reappraised the land to update the property tax.