Locate your property's fair market value to estimate its assessed value for taxes. Some places levy taxes based on a percentage of your home's market worth; know this rate. To challenge a tax bill ...

Assessed value determines property taxes, while market value is the price a property would sell for. This distinction is important for real estate investors who are interested in refinancing a ...

The assessed value of a home is generally used for tax purposes. Though homeowners usually want their property values to grow over time, in this case, it’s better when the home’s value is lower.