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  2. Automated valuation model - Wikipedia

    en.wikipedia.org/wiki/Automated_valuation_model

    An AVM is a residential valuation report that can be obtained in a matter of milliseconds. It is a technology-driven report. The product of an automated valuation technology comes from the analysis of public record data and computer decision logic combined to provide a calculated estimate of a probable value of a residential property.

  3. Fair market value: What it is, how it’s calculated - AOL

    www.aol.com/finance/fair-market-value-calculated...

    No. Fair market value is an estimation of a property’s worth, typically determined by a real estate professional based on factors such as condition, location and the market value of comparable ...

  4. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    This is unfortunate for one of the two parties. It is the obligation of a real property appraiser to estimate the true market value of a property and not its market price. Frequently, properties are assessed at a value below their market values; this is known as fractional assessment. [5]

  5. Sales comparison approach - Wikipedia

    en.wikipedia.org/wiki/Sales_comparison_approach

    The sales comparison approach (SCA) is a real estate appraisal valuation method that relies on the assumption that a matrix of attributes or significant features of a property drive its value. For examples, in the case of a single family residence, such attributes might be floor area, views, location, number of bathrooms, lot size, age of the ...

  6. A Guide to Property Taxes on Your Home - AOL

    www.aol.com/property-taxes-used-calculate-them...

    It represents a dollar per thousand of a property’s assessed value. The tax rate is applied to the assessed value to calculate the property tax bill. 3. Calculate Property Tax. To calculate ...

  7. How Are Property Taxes Calculated? - AOL

    www.aol.com/property-taxes-calculated-140012330.html

    If, for example, a home is valued at $300,000 in a county that taxes 60% of a property’s value, the homeowner would be taxed on $180,000. The same house in a municipality that taxes 45% would be ...

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