• Home Value

    The difference between market and assessed value

    “What’s my home worth?” This simple question is often answered three different ways. Ask your public tax assessor, and you’ll get one number (usually low). Look up your house on Zillow and you’ll get another number (usually too high). The third answer is market value, and if you’re selling your house, you’ll usually figure out what that number is (for good or ill) in 30 to 90 days. Many people are confused about assessed value versus market value. Assessed value is a number placed on a property by a public tax assessor for the purposes of taxation. Some percentage of your assessed value is used to determine your annual tax…

  • Home Maintenance,  Winter

    How to Prevent Burst Pipes in Winter

    Live in an area where extreme cold is likely during the winter months? Don’t risk thousands of dollars in plumbing repairs… take the time to protect your pipes from bursting. When water freezes in your pipes, the ice expands, adding to the overall pressure in your home’s plumbing. When this force builds, it can cause pipes to split. In addition to plumbing repairs, you might find yourself on the hook for flooding damage, too. The pipes most at risk? Those exposed to the lowest temperatures, of course. This includes plumbing on the exterior of the home, in exterior walls, and exposed pipes in those unheated zones of your home. Did…