Assessment of Net Worth

[d.o.g.]

what would be a suggested discount rate for market value of property? Thanks!

At the minimum you should take into account the agent fee (1%) and stamp duty (3%). 5-7% seems like a prudent rule of thumb. If you ask 10% below the market rate you can probably sell your house quickly (in less than 1 month), so 10% is probably the biggest discount you need to use.

As usual, YMMV.