Assessed value is the county appraisal for taxes. Appraised value is an individual appraisal for lending. Both measure value but serve different purposes. Assessed determines your tax bill. Appraised determines your loan amount.
Home Values
What Is the Difference Between Assessed Value and Appraised Value?
Patrick Kevin FaganUpdated August 18, 2026Patrick's Take
"Do not confuse them. Your property tax bill is based on assessed value. Your mortgage is based on appraised value. They can be $50K-$100K apart. Understanding both helps you plan and potentially reduce taxes."
PF
Patrick Kevin FaganRelated Questions
More answers are on the way.
Patrick Kevin Fagan
Loan Officer and Realtor · AXEN Realty LLC
Sales Agent · 454749 · TX
Need Help Understanding Home Values?
Patrick can explain how assessed and appraised values affect your home purchase.