Tag: Assessed Value

Posted on 08/31/2023

Understanding assessed value: How does it compare?

Finding the value of your home requires knowing the assessed value, appraised value and market value of the property. While these terms all determine how much your home is worth, each is used in different ways. Here is a quick guide to assessed, appraised and market value to help: Assessed value Assessed value is based on a calculation...

Appraised Value

Assessed Value

+ 3 more

Posted on 08/03/2023

Ad valorem tax: What it is & how to calculate it

Latin for "according to value," the term "ad valorem" is...

Ad Valorem

Appraisal Value

+ 3 more

Posted on 04/28/2022

Ad valorem tax & other terms property owners should know

Ad valorem is a Latin term meaning "according to value." In tax language, ad valorem means a flexible value dependent on the specific asset. Ad valorem is just one of many important terms related to property taxes you should know. Here are a few more examples of important property tax terms: Assessed value Assessed value refers to the...

Ad Valorem

Assessed Value

+ 6 more