This painting, depicting a vase of lush, multi-colored lilacs placed on a wooden surface against a softly textured blue and white background, offers a classic subject matter ripe for analysis regarding its market valuation. Here’s a breakdown examining various critical aspects:

### Artistic Technique and Material
The artwork employs a realistic style with meticulous attention to textural details, particularly noticeable in the petals and leaves, enhancing the dimensional and tactile feel. The composition uses a frontal, slightly lower-than-eye-level viewpoint, drawing the viewer’s attention directly to the centrally placed bouquet. Techniques used suggest proficiency with acrylics, noted for their versatility and vibrant color rendering, suited for capturing the nuanced hues of the lilacs and the texture of the wooden table and vase.

### Composition and Visual Appeal
The visual balance in the painting is achieved by the bouquet’s voluminous and colorful presence in the center, contrasted against the relatively neutral and loosely detailed background. The arrangement in the clear vase allows the viewer to observe intricacies such as the stems and water, which are rendered with a degree of realism, adding to the overall immersive experience. The choice of lilacs can evoke feelings of spring and rejuvenation, aspects that are typically well-received in art circles and can add to the appeal among collectors fond of floral and still-life genres.

### Market Value and Pricing Insights
To estimate the market value, consider comparable works in the genre of floral still-life:
1. **Artist Standing**: If the artist is emerging or less known, prices typically range from $200 to $2,000, depending heavily on size, medium, and exposure.
2. **Material and Size**: Assuming a medium size and acrylic medium, which are both accessible and durable, contribute positively but modestly to pricing.
3. **Intrinsic Appeal**: The aesthetic appeal and technical proficiency, evident in the careful brushwork and composition, align with works typically valued in the mid-range of similar market offerings.

### Comparable Works
Comparing this to similar floral acrylic paintings sold in galleries or online platforms, artworks of this caliber and size often sell within the $500 to $1,500 range. This estimation aligns with market trends for decorative but technically accomplished works by emerging artists.

### Fair Market Value Consideration
In terms of fairness, if the artwork is priced within this bracket, the valuation is competitive and aligned with the market, considering current demand for home decor and original artworks that offer aesthetic beauty and technical proficiency. If priced significantly higher, the artist’s reputation, unique narrative, or any additional provenance would need to be considered to justify such an increase.

### Conclusion
Assuming no significant notability from the artist, a market price in the range of $500 to $1,500 would be a fair and competitive valuation for this artwork. This accounts for its visual appeal, technical execution, and alignment with market prices for similar quality works within the still-life and floral painting genre.