Greater Boston Area Realty
Lea Nabipour, Greater Boston Area RealtyPhone: (617) 470-5011
Email: [email protected]

Tag: Assessed Value

Posted on 10/10/2022
Ad valorem tax & other important tax terms to know
Ad valorem is a Latin term meaning "according to value." In tax language, ad valorem means a flexible value dependent on the specific asset. Ad valorem is just one of many important terms related to property taxes you should know. Here are a few more examples of important property tax terms: Assessed value Assessed value refers to the...
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Posted on 03/21/2022
Assessed value: How it differs from appraised value & market value
Finding the value of your home requires knowing the assessed value, appraised value and market value of the property. While these terms all determine how much your home is worth, each is used in different ways. Here is a quick guide to assessed, appraised and market value to help: Assessed value Assessed value is based on a calculation...
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