Assessed Value vs Appraised Value

 


Happy almost February everyone!!
Spring is almost here and buyers are getting anxious to find something before summer.
We are expecting interest rates to get slightly better, they already have, but either way we are still in a sellers market here at the beach with this still very low inventory.
That's why we are here and help you understand everything a little better.


The question we get from almost every buyer and seller: What is the difference between the assessed value and the value the home appraises at?

We created this side by side chart for you to compare the basics.

The bottom line is that the appraisal is the value that can affect your home purchase or sale. It is the amount that is tied directly to the market value.

Because we care...
#teambousehouse
#remax



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