Assessed vs. Appraised: Understanding the Value of Your Home
Assessed vs. appraised: understanding the value of your home. Learn the differences, implications, and importance of these valuation methods.
The terms assessed value vs. appraised value often come up when debating the value of your home. While they might seem interchangeable, these valuations serve different purposes and are calculated in distinct ways.
Knowing the differences between these two types of valuations can help homeowners make informed decisions regarding property taxes, sal...