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Property assessment versus market value 

(January 19, 2021)


By now you have received your Property Assessment from The City. You might be wondering, is this the amount your home would be listed for if you were to sell it?

Not necessarily. Property Assessments are calculated using Mass Appraisal, which is based on gathering basic information (year built, size, sold price) from transactions in the local market over the previous calendar year. The Market Value... read more.