---
title: Assessment vs Appraised Value
description: Assessment is a valuation given normally from the county your property resides in. They use this number to determine what you should pay in property taxes
---

[Blog - Bailey & Wood Financial Group ](https://www.bawfg.com/blog)

# [Assessment vs Appraised Value](https://www.bawfg.com/blog/assessment-vs-appraised-value)

 Written by [Bailey & Wood](https://www.bawfg.com/blog/author/bailey-amp-wood) | Apr 20, 2019 7:41:55 PM

Assessment is a valuation given normally from the county your property resides in. They use this number to determine what you should pay in property taxes. The figure they come up with doesn’t mean that what your home is worth on the open market however. You will need a market analysis from a Real Estate Agent or an Appraisal done on the property to determine a solid market value of your property.

[View full post](https://www.bawfg.com/blog/assessment-vs-appraised-value)

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