top of page
Search

What is Assessed Value?

Assessed value is the dollar value placed on a home by the local municipality, which then decides how much a homeowner owes in property taxes. Tax assessors make these valuations every year. In most states, the assessed value is a set percentage of the property’s fair market value.

Considering a career in real estate? Check out our upcoming pre-licensing courses here: tocrres.com/register





1 view0 comments

Recent Posts

See All
bottom of page