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Name:	greycove -	Reply
Subject:	Appraised to market value
Date:	2/9/2006 3:51:33 PM

Is there a way to convert the appraised value of property on the lake to its "Fair Market Value". By the latter, I mean what it could reasonably be sold for?

Is the appraised value I get from Tallapoosa County suppose to be the estimated sale value of the property?

Someone said below that the appraised value of their property was only 54% of the value when a formal appraisal was made.

Does this make sense? If so, a $100,000 appraised valued property would by worth $100,000/.54 = $185,185 on the market.

Name:	Osms -	Reply
Subject:	Appraised to market value
Date:	2/9/2006 6:04:58 PM

I'll buy any property on the lake for appraised value. But not cat's boat.

Name:	lamont -	Reply
Subject:	Appraised to market value
Date:	2/9/2006 6:25:36 PM

Assessed value means nothing. A current appraisal, like the one we just got , is very close to fair market value and is right in line with recent sales in our area. It has to be a recent appraisal as properties have exploded in the last several years.

Name:	Ulysses E. McGill -	Reply
Subject:	SHhhhhhhhhh
Date:	2/10/2006 1:23:40 AM

The tax man may be reading our forum

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