Home prices aren’t set in stone. A property’s value can shift depending on who’s doing the calculation—and why. That’s why you’ll often hear two different numbers thrown around during a home sale: ...

When evaluating real estate, it's important to know the difference between assessed value and market value. Assessed value determines property taxes, while market value is the price a property would ...

The assessed value of a home is a yearly estimation of your home’s worth, determined by your tax district’s municipal property assessor. Local tax officials use this value to calculate the property ...

Property taxes are a major expense of being a homeowner, and the way that local governments calculate how to charge an appropriate property tax can be both frustrating and confusing. One key to ...

What Is Assessed Value? The assessed value of a home is generally used for tax purposes. Though homeowners usually want their property values to grow over time, in this case, it’s better when the home ...