To make sure your calendar, event reminders, and other features are always
correct, please tell us your time zone (and other details) using the
drop-down menus below:
Set Date/Time format:
In 12 Hour format the hours will be displayed as 1 through 12 with “a.m.” and “p.m.”
displayed after the time (ex. 1:00p.m.). In 24 hour format the hours will be displayed as 00 through 23 (ex. 13:00).
You can always change your time zone by going to your Account Settings.
Use the dropdown menu to view the events in another time zone. The primary time zone will be displayed in parentheses.
Use the dropdown menu to view the events in another time zone. The primary time zone will be displayed in parentheses.
Visiting Edu Counting(username: educounting)
Tag
Please wait...
Select a Color
Manage Applications
Check the items that you want displayed. Uncheck all to hide the section.
Calendars
Files
Addresses
To Dos
Discussions
Photos
Bookmarks
The “Switch Navigator” button will no longer be available after February 14, 2017.
Please learn more about how to use the new Navigator by clicking this link.
What's the Difference Between Appraised and Assessed Value?
When it comes to understanding your home's value, terms like "appraised value" and "assessed value" can be confusing. But knowing the difference is important. The appraised value determines market worth for buying or selling, while the assessed value calculates property taxes.
A certified appraiser evaluates your home's worth based on its condition, size, location, and recent sales of similar properties nearby. This gives you a fair estimate of its market value. Appraisals are commonly needed when buying or refinancing a home to ensure it aligns with the loan amount. They're also useful when selling your home to understand its market value clearly.
Assessed Value
Local government assessors determine your property's assessed value to calculate your property tax bill. They consider factors like market trends, any upgrades to your home, and local tax rates. Assessed values are usually lower than appraised values because they're focused solely on taxes. They help determine how much tax you contribute to supporting community services and schools.
What Makes Them Different
Here's the big difference between appraised and assessed values:
Purpose: Appraised values tell you what your home is worth in the real estate market, whether you're buying, selling, or refinancing.
How They're Determined: Appraisers look at your home's features and recent sales to come up with an appraised value. Assessors use a set formula based on local rules and trends to calculate your assessed value.
Why It Matters
Understanding the difference between appraised and assessed values can help you in a few ways:
Financial Planning: Your home's appraised value helps you decide on refinancing, selling, or making improvements. Knowing your assessed value assists in budgeting for property taxes.
Negotiating: When buying or selling, understanding your home's appraised value aids in negotiating a fair price. If it's lower than expected, there may be room for negotiation.
Tax Planning: Tracking your assessed value helps plan for property taxes and detect possible increases.
End Note
In a nutshell, while appraised and assessed values both provide insight into your home's worth, they serve different purposes and are determined differently. Knowing the difference can help you make smarter decisions about your home and your finances.
Attach this document to an event, task, or address
You can attach a link to this document to an event in your Calendar, a task in your To Do list or an Address. Check the boxes below for the data you want to
bring into the event’s or task’s description, and then click “Select text to copy” to have the next event or task you create or edit have the document text and link.
