What is the Difference between Assessed Value, Appraised Value and Market Value of my home? Why is there such a big difference? Assessed value is what the county has assessed as the value of your home based on the general area. They guess what the condition of your home might be as well. Appraised value, is determined by an appraiser and they will go by the comps in the area of other homes with similar. Market Value is what a willing buyer is willing to give to a seller. Today Market Value is less than appraised value.
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