Market Value vs Assessed Value - What's the Difference?

Market Value vs Assessed Value - What's the Difference? - 9/15/2026

Market value reflects what buyers may pay in today's market, while assessed value is used by local taxing authorities to help calculate property taxes.

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Bob Hummer ABR, CPRES, CRS, MBA, SRES Coldwell Banker Realty Woodbridge, VA (703) 217-6447 www.military-realestate.com Certified Probate Real Estate Specialist Licensed in Commonwealth of Virginia Contact Me Visit my Website Send a Referral Subscribe to Newsletter

Market Value vs Assessed Value - What's the Difference? - 9/15/2026

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