Several studies have reported the factors which determine individual differences in aesthetic evaluations of visual arts. Our previous studies suggested that the aesthetic dimension of value (ADV) was a crucial factor relating to the individual differences in aesthetic evaluations. However, the paintings used in our previous studies were selected from the masterpieces painted by famous artists. The present study explored whether the ADV would relate to aesthetic evaluations for both good and bad arts. Undergraduates (N = 166) were asked to rate 14 paintings (including seven good arts and seven bad arts selected from the Museum of Bad Art) on four scales of aesthetic evaluation and to complete a questionnaire assessing their degree of the ADV. The results demonstrated that the ADV related to aesthetic evaluations for both good and bad arts. These results suggest that the ADV related to the subjective value of the paintings regardless of their reputation.