property tax assessment
Real estate appraisal
A property tax assessment is an official estimate of a property's value for taxation purposes.
Local governments conduct assessments to determine how much property tax an owner owes.
The assessed value may differ from market value depending on jurisdiction: Our assessment came in lower than what we paid for the house.
Property owners can often appeal assessments they consider inaccurate.
- market valueCurrent trading price
- addressSpeak to formally
- tax codeLaws governing taxation
- tax burdenAmount owed to government
- school districtGeographic education administrative unit
appeals process · tax roll · comparable sales · curb appeal · appraisal · depreciation · land value · housing affordability · exemptions · tax bill · fiscal policy · audit trail · tax lien · clipboard · file · photo · check · reassessment
property tax assessmentfair market value
Objective exchange price
appraised value · closing price · purchase price · asking price · listing price
property, assessment, properties, propertied, taxation, taxable, taxpayer, assess, assessed