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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.
Lance Lindstrom ABR, CRS, CDPE, SRES, ePro, GRI, MRP, PSA CNHS RCC Life and Liberty Real Estate, LLC Monticello, MN (763) 234-7629 LAL.realestate Because I have many designations and certifications, I am affiliated with various networks around the country, so even if you are looking to buy or sell somewhere far away, I can connect you with an expert agent in the area you are looking based on their credentials, without a cost to you. I interview the agent to see if it is a good fit for you, which saves you from looking online where often the agents that look good are paying money to be there or being steered by agents to other agents within a certain brand. Contact Me Visit my Website Send a Referral Subscribe to Newsletter