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Assessed value vs market value
Assessed value is a value used in the property tax system for a stated tax year and stage. Market value is an estimate of what a property may exchange for in the market at a stated time, so the two values are not interchangeable.
Start freeAssessed value has a tax context
A tax assessment belongs to an account, tax year, and assessment stage. The Quoin DC release preserves prior, current, and proposed stages from the official property tax extract instead of presenting them as one undated value.
A proposed assessment can change before it becomes final. A prior value describes another tax period. Any comparison should name the stage and tax year.
Market value answers a different question
A market value estimate depends on a valuation date, property rights, assumptions, condition, and market evidence. A sale price can inform a valuation, but one sale record does not establish current market value.
Quoin reports public records and their source context. It does not provide an appraisal or independently verify market value.
Use the right value
| Task | Useful record | Caution |
|---|---|---|
| Review a tax account | Assessment by tax year and stage | Confirm current versus proposed |
| Review a reported transaction | Assessor sale history | Not a complete title record |
| Estimate current price | Qualified valuation evidence | Assessment alone is insufficient |
How to cite an assessment
Record the account identifier, value, tax year, stage, source release date, and official verification route. If the source returns a null or status flag, retain that meaning instead of converting it into zero.
A clear citation lets another reviewer reproduce the public-record lookup and see whether the live record has changed.