08/28/2026
Market Value vs. Assessed Value 🏡
They may sound similar, but they serve very different purposes.
Market value is what buyers may be willing to pay for your home today, based on its location, condition, upgrades, recent sales and current demand.
Assessed value is the value assigned to your property for calculating property taxes—and it may not reflect today’s real estate market.
So, your assessed value isn’t necessarily your selling price. A current market evaluation gives you a much clearer idea of what your home could actually be worth. 🔑