🏡 Wondering about the difference between accessed and appraised value in real estate? Let’s break it down! 🤔
🔍 Accessed value is the value assigned to a property by a tax assessor for tax purposes, often based on factors like location, size, and amenities. It’s crucial for determining property taxes but may not always reflect the market value accurately.
💰 On the other hand, appraised value is determined by a licensed appraiser and reflects the fair market value of a property based on factors like recent sales of comparable properties, condition, and unique features. This value is essential for buyers and sellers during transactions.
🌟 As an award-winning realtor with a knack for navigating the nuances of real estate, I’m here to help you understand these differences and make informed decisions. Whether you’re buying, selling, or just curious, let’s connect and discuss your real estate needs today!
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