County Appraisal District - tax history assessed price?

Asked by Michael R, Lewisville, TX Tue May 6, 2008

how accurate or what worth of value does this price have on home value/price?
so far approximately 7 of the houses i have looked at are priced with in a $1,000 or lower of this value. interestingly enough the house we like is priced way over ~ $10,000 this assessed value. what does this mean for us as far as what to offer?
interestingly enough, this house is owned by a realtor and it has been for sale for 5 months.
original listing price - $155,000
current listing price - $145,000
tax assessed value - $135,000

thanks for the help.

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