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Updated over 3 years ago,

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Stew Webster
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NY Catskills Market - Assessors FullMrktVal

Stew Webster
Posted

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.