What is Tax Assessed Value, Tax Appraised Value, and Market Assessed Value?
What is the value of your home? It depends on what you mean by "value."
This figure varies throughout the U.S. since it is determined by the taxing authority of the city, county, or state where you live. Sometimes it is the same as the market assessed value and other times counties will multiply the market value by an assessment ratio to get the tax assessed value, which is often lower than the market assessed value.