Assessed Value Vs Market Value What S The Difference

By dinosaurse On Jul 22, 2025

Assessed Value Vs Market Value Key Insights For Homebuyers Summit Assessed value is calculated by your local government—usually a county tax assessor—to determine your property tax liability. to assess a home’s taxable value, assessors consider the. A home’s assessed value is used for property tax purposes, while market value is used to determine a home’s value in the current real estate market. this redfin article breaks down the differences between assessed value vs. market value, helping you understand how each is determined, why they matter, and how they impact your finances.

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What's the difference between Market Value, Appraised Value and Assessed Value?

What's the difference between Market Value, Appraised Value and Assessed Value?

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