Tax Assessment vs. Appraisal: Don’t Overpay on Property Taxes!

Key Highlights Homeowners should understand the difference between tax assessment and appraisal. A tax assessment calculates your property tax. An appraisal shows how much your property is worth in the market for financing. Both evaluations consider square footage, location, and condition. Still, they serve different purposes. Knowing how these values are determined can help you [...]