Assessed Value Vs. Market Value: What's The Difference?
WKBT March 10, 2021 8:00 AM Casey Bond - Forbes Advisor Posted: Updated: March 11, 2021 5:09 PM Your home’s value is a huge part of your overall financial picture. It probably represents a good chunk of your net worth, and it’s how those dreaded annual property taxes are calculated. However, if you ever try to look up the value of your home, you might find varying numbers. That’s because your home is valued in different ways, for different reasons. Most often, you’ll have a market value and an assessed value, the latter of which is quite a bit lower. But don’t worry—that...
Source: news8000.com