Each country values a different legal object with its own model and reference dates, so the figures are not directly comparable.
An assessed property value is an administratively calculated value used for tax or other statutory purposes; it is not automatically the property's current sale price.
Search Real EstateWhat It Means
Why It Matters
- Use the value for the purpose stated by the registry or tax authority, not as a standalone asking-price or valuation estimate.
Across Datreal Countries
The closest local concept can have a different scope, identifier, or valuation method. Check the responsible authority when the distinction affects a filing or transaction.
EstoniaMaa maksustamishind
The land value from periodic mass appraisal forms the basis for land tax.
FinlandKiinteistön verotusarvo
Land and buildings are valued separately for real-estate tax.
LithuaniaMokestinė vertė / vidutinė rinkos vertė
Mass valuation or replacement-cost methods are used depending on the type of property.
LatviaKadastrālā vērtība
Mass valuation produces fiscal and universal cadastral values; their uses extend beyond property tax.
SwedenTaxeringsvärde
The value follows the level in a value area and underpins property tax or the municipal property fee.
Common Questions
Is assessed value the same as market value?
No. It may use market evidence, but the method, valuation date, and legal purpose differ from an individual market valuation.
Related Terms
Parcels Cadastral Identifier
A cadastral identifier is the official code used by a national land or property register to identify a registered property unit or cadastral object.
Parcels Cadastral Parcel
A cadastral parcel is a geographically defined area recorded in a cadastre; its relation to the legal property unit differs by country.
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