What Is a Real Estate Assessment?



It is important to know that just like a formal appraisal; a real estate assessment is just someone’s opinion and it should be treated as such. As a home owner you will have to make a conscious effort to not take the assessment too personal, and don’t allow it to hurt your feelings. The intention of the real estate assessment is just to give you an informal benchmark of the approximate value of your home based on other homes in the area.

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