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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.
Dare Tulloch Assoc. Broker, ABR, AHWD, C2EX, CRS, SFR, SRES, SR Long & Foster Real Estate Midlothian , VA (804) 306-6264 Licensed in the Commonwealth of Virginia Contact Me Visit my Website Send a Referral Subscribe to Newsletter