The assessed value of your home is the:
A)value used to calculate property taxes.
B)estimated current market value.
C)price you paid to purchase the home.
D)amount of money a buyer has offered to purchase the home.
E)cost basis assigned to your home by your insurance company.

Question

Quizplus · Accepted Answer

The assessed value of a home is the value assigned by a public tax assessor for the purpose of taxation. It is used to calculate property taxes owed by the homeowner.

The Assessed Value of Your Home Is The