Real estate blog entries tagged with market value vs city assessment value by Team 3000 Vancouver Richmond

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Home : Blogs : Team 3000 Vancouver Richmond : Richmond BC Real Estates : Tag "market value vs city assessment value"

market value vs city assessment value: Richmond Real Estate: Market Value Compared With City Assessment Value - 10/28/08 10:45 PM

Richmond Real Estate Pricing Trend
The most common question asked by home buyers on the value of a home is the relationship between current market price and the city assessment value of a property.
The market value of a detached home is affected greatly by the location, home condition, and improvements done to the house. Homes that are more desirable will command higher selling prices. The city assessment value being an aggregrate valuation of similar homes in the neighborhood, will not reflect the dsirability of a home to a buyer.
What can the city assessment value tells us?
The city assessment … (2 comments)

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