Understanding Appraisal Vs. Assessment

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What’s the difference between an appraisal and an assessment – and how are these terms defined in real estate jargon? While it’s not uncommon to mistakenly hear these phrases used interchangeably, as it turns out, they’re not actually the same in practice. Although both can refer to ways of measuring a property’s value, each takes widely different approaches to the calculation of t... https://donovanrealestate.com.au/


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