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assessed value

American  

noun

  1. the value of something as determined by an assessor, especially the value of real property.


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.

See Examples For:

The standard homestead exemption knocks $2,000 off the assessed value of all primary residences.

From MarketWatch ● Jun. 15, 2026

And it would create a framework for potential future increases in exemptions that could reach the full assessed value of a home.

From The Wall Street Journal ● Jun. 2, 2026

The exemption amount reduces the assessed value of the property, resulting in less property taxes due.

From Los Angeles Times ● May 13, 2026

Florida counties generally formulate the assessed value using a percentage of the home’s sales price, he explained.

From MarketWatch ● May 1, 2026

The assessed value of property in 1830, amounted to about two and a half millions.

From History of the American Clock Business for the Past Sixty Years, and Life of Chauncey Jerome by Chauncey Jerome

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