General real estate values are different from assessed values. General real estate values fluctuate monthly, whereas assessed values remain constant for the year. General real estate values reflect the amount the property would sell for in the current market and include the value of the land and any improvements. Assessed values reflect a percentage of the value of the land and the improvements based on state and local property tax laws, including any bonds and assessments passed by voters. Additionally, general real estate values do not necessarily equal assessed values.
you can check a property estimated value instantly on www.OnlinePropertyValue.com also no cost or sign up required.
Hope this helps
Denis DaSilva-Broker CDPE, LMC e-Pro
Managing Partner | reavolv real estate | Website: www.reavolv.com
phone: 508-813-6875 | email: Broker@reavolv.com
Broker License for Massachusetts and Rhode Island