Originally Posted By: Mr. Foreclosure

For those using the tax records I don't see anyone mentioning adjusting that ratio of tax value to market value. In my area I see a wide variation in equalization rates from as low as 5% to slightly over 100%; maybe in other parts of the country the assessors do a better job to keep up with the market.


I don't make any adjustments. I include in my comments that the land value I included in the report is the county's assessed value. I typically find the assessed value is relatively near the market value. Of course there are exceptions, but for the most part I find them to be within 10-15% most of the time (not counting the houses that are assessed as average condition when they are really trashed).