Enter the assessed/appraised value ($) and the market value ($) into the Assessment Ratio Calculator. The calculator will evaluate and display the Assessment Ratio.
- All Ratio Calculators
- Appraisal Adjustment Calculator
- Market to Book Ratio Calculator
- Real Estate Commission Calculator
Assessment Ratio Formula
The following formula is used to calculate the Assessment Ratio.
ASR = AV / MV
- Where ASR is the Assessment Ratio ( )
- AV is the assessed/appraised value ($)
- MV is the market value ($)
How to Calculate Assessment Ratio?
The following example problems outline how to calculate Assessment Ratio.
Example Problem #1:
- First, determine the assessed/appraised value ($).
- The assessed/appraised value ($) is given as: 150,000.
- Next, determine the market value ($).
- The market value ($) is provided as: 160,000.
- Finally, calculate the Assessment Ratio using the equation above:
ASR = AV / MV
The values given above are inserted into the equation below and the solution is calculated:
ASR = 150,000 / 160,000 = .9375
Example Problem #2:
For this problem, the variables required are provided below:
assessed/appraised value ($) = 140,000
market value ($) = 130,000
Test your knowledge using the equation and check your answer with the calculator above.
ASR = AV / MV = ?
