REALTY REAL ESTATE REPORT APPRAISED VS. ASSESSED VALUE A certified appraisal determines property value based on similar local properties' sales. When someone wants a real estate loan, the lender usually wants an appraisal at least equal to the property value. Offers above appraised value fail unless you have cash to for the difference. The Assessor determines assessed values for a tax basis. The Assessor's value and market value are usually similar. County market values vary more than in-town property values from the assessed value. An estimate of value is the market value a real estate agent determines. This is where you need to price property you are buying or selling. Estimates of value are allowable in many court situations like settling estates or divorces. The correct price will allow for a quick sale with agreement by an appraiser. Call me to do this for you. SALE 2/11-24/2023 701 N Mulberry St, Creston $161,458 LISTINGS We need your listing so we can sell something! www.rrealtyofcrestonia.com Retta Ripperger Realtor Certified Residential Specialist Let "R" Realty be your realty! 114 North Elm. Creston 641-782-9408 retta@realestateismy.name SM-CP0374200302 REALTY REAL ESTATE REPORT APPRAISED VS. ASSESSED VALUE A certified appraisal determines property value based on similar local properties ' sales . When someone wants a real estate loan , the lender usually wants an appraisal at least equal to the property value . Offers above appraised value fail unless you have cash to for the difference . The Assessor determines assessed values for a tax basis . The Assessor's value and market value are usually similar . County market values vary more than in - town property values from the assessed value . An estimate of value is the market value a real estate agent determines . This is where you need to price property you are buying or selling . Estimates of value are allowable in many court situations like settling estates or divorces . The correct price will allow for a quick sale with agreement by an appraiser . Call me to do this for you . SALE 2 / 11-24 / 2023 701 N Mulberry St , Creston $ 161,458 LISTINGS We need your listing so we can sell something ! www.rrealtyofcrestonia.com Retta Ripperger Realtor Certified Residential Specialist Let " R " Realty be your realty ! 114 North Elm . Creston 641-782-9408 retta@realestateismy.name SM - CP0374200302