Lake Berkley Topics: Appraised to market value
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Name:   greycove The author of this post is registered as a member - Email Member
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.
Other messages in this thread:View Entire Thread
Appraised to market value - greycove - 2/9/2006 3:51:33 PM
     Appraised to market value - Osms - 2/9/2006 6:04:58 PM
          Appraised to market value - lamont - 2/9/2006 6:25:36 PM
               SHhhhhhhhhh - Ulysses E. McGill - 2/10/2006 1:23:40 AM



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