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2. What's the Difference Between Your Home's Market and Assessed ...

   www.aol.com/news/whats-difference-between-homes...

   Understanding your home's value is an important part of knowing your net worth, what you'll likely receive if you sell the property and how the local real estate market is faring. Home value is ...

3. Real estate appraisal - Wikipedia

   en.wikipedia.org/wiki/Real_estate_appraisal

   Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value). Real estate transactions often require appraisals because every property has unique characteristics. The location also plays a key role in valuation.

4. Property tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Property_tax_in_the_United...

   Many jurisdictions impose tax on a value that is only a portion of market value. This assessed value is the market value times an assessment ratio. [27] Assessment ratios are often set by local taxing jurisdictions. However, some states impose constraints on the assessment ratios used by taxing jurisdictions within the state. [27]

5. Tax assessment - Wikipedia

   en.wikipedia.org/wiki/Tax_assessment

   In some jurisdictions, the assessed value is meant to equal the market value of a property. In other areas, the market value is multiplied by an assessment ratio to arrive at the assessed value. Once a tax assessor determines the assessed value, it is multiplied by a tax rate, called a "mill rate," to arrive at the amount of the property tax. [1]

6. Fact vs. fiction: Top 8 common home equity myths — debunked

   www.aol.com/home-equity-myths-debunked-181142916...

   The assessed value is different from the price you paid for your house, factoring in the condition of your home, where your home is located and how much comparable homes in your area have recently ...

7. Gary Sandler: How accurate is the assessed value of your home?

   www.aol.com/news/gary-sandler-accurate-assessed...

   The question is whether a homeowner or homebuyer can rely on the assessed value to accurately determine the property’s true market value.