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2. Market value - Wikipedia

   en.wikipedia.org/wiki/Market_value

   Market value. Market value or OMV ( Open Market Valuation) is the price at which an asset would trade in a competitive auction setting. Market value is often used interchangeably with open market value, fair value or fair market value, although these terms have distinct definitions in different standards, and differ in some circumstances.

3. Fair market value: What it is, how it’s calculated - AOL

   www.aol.com/finance/fair-market-value-calculated...

   The market value and assessed value of a property do not necessarily have to match, and in fact often don’t, with assessed values lagging current market values.

4. Property tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Property_tax_in_the_United...

   Most local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. [1] This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio, multiplied by a tax rate, and is ...

5. Fair market value - Wikipedia

   en.wikipedia.org/wiki/Fair_market_value

   United States. The fair market value is the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts. United States v. Cartwright, 411 U. S. 546, 93 S. Ct. 1713, 1716-17, 36 L. Ed. 2d 528, 73-1 U.S. Tax Cas.

6. Beaufort County property reassessment is coming up ... - AOL

   www.aol.com/beaufort-county-property...

   To help prevent residents from being priced out of Beaufort County, an owner’s taxable value increase more than 15% more than the previous market value. For example, if a property was assessed ...

7. Property tax appeals are lower in St. Joe County as ... - AOL

   www.aol.com/property-tax-appeals-lower-st...

   In Indiana, assessments are based on “market value and use,” which is what the property is worth today, based on its intended use and how it compares with the neighborhood.