What’s The Difference Between Tax Assessments And Appraisals?
When selling your home, it is important to understand the difference between tax assessments and appraisals. While these two processes may seem similar upon first impression, they serve very different purposes when factoring the true value of a home. A tax assessment is something governments can use to establish the value of a home. The tax assessor's office hires a professional company that sometimes uses a technique called a "mass appraisal". This is only useful for tax assessment purposes, and not at all useful for setting the asking price of a home. The assessment is a valuation of what the
