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Updated about 7 years ago on . Most recent reply

Preston Miller's profile image
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Preston Miller
  • from Jacksonville, Florida
  • Member since Mar 5, 2018
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Preston Miller
  • from Jacksonville, Florida
  • Member since Mar 5, 2018
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Preston Miller
  • Jacksonville, FL
6
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17
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Buying & Selling Real Estate

Appraisal value on the county site vs asking price

Preston Miller
  • Jacksonville, FL
Posted

So, I was pursuing some wholesaler listings and noticed that the county appraiser's values are 30k-40k less than the wholesaler asking value. Which means it is WAY below what the market would demand. And I notice that comps in that area are listed sold at around the same amount. This leads me to believe I am missing something. Anyone? :)

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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

Tax assessor values are for the purpose of collecting taxes.  They have little relationship to market values.

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