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.

Michael Hutton GRI, ABR, TRLP, SAFR/THS, LAR 2025 REALTOR of the WestSage Realtor & Consultants Lubbock, TX (806) 445-1754 598157 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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