Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
NY Catskills Market - Assessors FullMrktVal
Hi BP,
I'm looking at an AirBnb rental in the Catskills. I noticed in the MLS listing there's a line item for "Assessors FullMrktVal", which is an amount lower than the listing price. This number is below the tax assessment line. Just to be clear, there are two assessments. A Tax Assessment and an Assessors FullMrktVal. What's the difference? Should I place an offer closer to the Assessors FullMrktVal? The Assessors FullMrktVal is substantially lower than the listing price, almost 70k lower.