Assessed vs. "actual" values of homes for sale?

Piston · 07-03-2017, 07:21 PM

I searched, but didn't come up with anything recent. My wife and I are looking for a second home in the area and wondering about the assessed values.

Is there a general rule of thumb regarding assessed value and the relationship to what a home would actually sell for? We are mostly looking in Alton Bay (not on/near the water due to affordability)

Does assessed value take into account things that need to be updated? (such as kitchens/baths/flooring etc?

07-03-2017, 07:21 PM	#1
Piston Senior Member Join Date: Feb 2008 Location: Upton, MA/Alton Bay Posts: 81 Thanks: 20 Thanked 14 Times in 8 Posts	Assessed vs. "actual" values of homes for sale? I searched, but didn't come up with anything recent. My wife and I are looking for a second home in the area and wondering about the assessed values. Is there a general rule of thumb regarding assessed value and the relationship to what a home would actually sell for? We are mostly looking in Alton Bay (not on/near the water due to affordability) Does assessed value take into account things that need to be updated? (such as kitchens/baths/flooring etc?