500K house 25K under tax value VS 325K house 75K over tax value?

[Eron A.]

Im trying to decide what to do. I know overall it depends on what works for you financially...but if we keep all factors equal...and just consider the prices compared to their tax values....can we discuss the pros and cons of purchasing each of these houses over the other one?

A 500K house 25K under tax value COMPARED TO A 325K house 75K over tax value.

From my little knowledge, Im thinking the $500K house would def be the best deal, but...maybe there is something Im overlooking?

Concerning my situation, Im confident I could make $500 over the PITI monthly...in both situations.