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According to experts, assessments are actually broad averages that are based on the historical sales. When the prices are increasing, looking at the sold prices in previous years means that the assessment will be lower compared to the typical listing price these days.Basically, assessments are done yearly. For instance, the assessments of 2017 will be based on the 2016 activity. Therefore, the data are a year outdated. There are lots of jurisdictions where the assessments are done once every two or three years. So, those are less reliable. Sometimes they don't even really go out or look at anything for...