Think all property values are created equal? Think again! 🤔
Here’s the TRUTH behind those confusing numbers on your tax bill and home estimate broken down real simple:
1. Tax Assessed Value:
What the gov uses to bill your property taxes. Usually lower than what your home is actually worth.
2. Tax Appraised Value:
The official value determined by the tax assessor—based on location, condition, etc.
3. Market Assessed Value:
What buyers would likely pay for your home right now. It’s based on real-world sales data and can be much higher than tax values!
Don’t guess when it comes to your property’s worth. Know the difference and play it smart.
Whether you're buying, selling, or just budgeting. This knowledge is power.
Got questions?
Let's talk! 🗣📲
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