EPCAD values explained
Understand EPCAD market, appraised, and assessed values
EP Estimates helps El Paso homeowners search EPCAD public property records, review property values, estimate annual property taxes, and compare nearby homes.
Different fields answer different questions
EPCAD values can look confusing because one property may have several value fields. The safest way to read them is by asking what each field is used for.
Market value
Market value is EPCAD's estimate of value for appraisal purposes. It is not guaranteed to match a sale price or a private home valuation.
Appraised value
Appraised value is the value assigned under appraisal rules before any applicable caps, exemptions, or assessment limits affect taxable value.
Assessed value
Assessed value is the value used after applicable assessment rules. It can be the number that matters most for tax calculations.
Other value fields you may see
- Land value represents the value assigned to the land itself, while improvement value usually represents the home or other structures.
- Taxable value can differ by tax entity because exemptions and rules may apply differently across jurisdictions.
- Estimated tax depends on values, taxable amounts, tax rates, and the tax entities listed for the property.
Common questions
Why does EPCAD show multiple values for one property?
A property record can include market value, appraised value, assessed value, land value, improvement value, and taxable values. Each field serves a different appraisal or tax-calculation purpose.
Which EPCAD value is used to estimate property taxes?
Estimated taxes usually depend on taxable values and tax rates for the listed tax entities. Taxable value can differ from market, appraised, or assessed value.
Why can assessed value be lower than market value?
Assessment limits, exemptions, or other rules can cause assessed value to differ from market value. The exact reason depends on the property and the applicable rules.
Does a higher EPCAD value mean my home would sell for more?
Not necessarily. EPCAD values are public appraisal records for property-tax purposes. A sale price depends on market conditions, property condition, location, financing, and buyer demand.