What Is Assessed Value? The assessed value of a home is generally used for tax purposes. Though homeowners usually want their property values to grow over time, in this case, it’s better when the home ...

Taxpayers know their property taxes are expressed in terms of mills or “millage.” The higher the millage number, the bigger the tax bill. But many don’t understand where that comes from. For taxing ...

KANSAS CITY, Mo. (KCTV) - It appears $356,270 is a magical number in Jackson County. That’s the dollar amount assessed to more than 500 homes. The homes assessed at that value are various sizes and ...

When evaluating real estate, it's important to know the difference between assessed value and market value. Assessed value determines property taxes, while market value is the price a property would ...