The Motley Fool Discussion Boards

Previous Page

Personal Finances / Buying or Selling a Home


Subject:  Re: Monster Home Price Check Date:  8/22/2002  8:09 AM
Author:  Inpho Number:  46268 of 128887

This is how the providers of the home price data on,, define assessed value (from

Q: What is assessed value?
A: The assessed value is what your taxing authority (your county, city or town) uses to determine how much tax is due. In some cases, the assessed value might be the same as market value, but typically it is a percentage, called the assessment ratio.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us