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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.
Tanye Pedigo Langley Keller Williams Greater Chattanooga Realty Ooltewah, TN (423) 800-9993 TN#354238 | GA#419030 Specialties: 30+ Years Skilled Contract Negotiator | SRES 50+ Real Estate Specialist | Listing Specialist | Buyer's Specialist | Empty Nester Expert | First Time Home Buyer Programs | Lakefront Homes | Luxury Homes | Residential Investment Properties | Seller's Agent | Buyer's Agent | Facilitator Visit my Website Send a Referral