assessed value
Americannoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The standard homestead exemption knocks $2,000 off the assessed value of all primary residences.
From MarketWatch ● Jun. 15, 2026
The exemption amount reduces the assessed value of the property, resulting in less property taxes due.
From Los Angeles Times ● May 13, 2026
It has an assessed value of $248 million.
From Los Angeles Times ● Apr. 3, 2026
More seasoned homeowners expect their property taxes to increase after the first year, after the property’s assessed value is updated to match the recent sale price.
From MarketWatch ● Oct. 24, 2025
The state auditor, also, comparing the legislative appropriations with the assessed value of the property of the state, computes the rate of the state tax and reports it to county auditors.
From Studies in Civics by J. T. (James Thompson) McCleary
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
