A first-time homebuyer is a few weeks from closing, and their lender's estimate includes a property tax figure based on the current assessment. Before committing, the buyer wants to know whether that assessment — and the resulting tax bill they'll be responsible for — actually reflects the home's value, or whether it's likely to jump after the sale is recorded.
The buyer enters the property's address into TaxAssessmentIQ, pulling the current OPA assessment on record.
TaxAssessmentIQ checks that assessment against recent comparable sales, including homes that sold for prices closer to what the buyer is paying.
Buying a home based on an outdated assessment can mean a tax bill that jumps the following year, long after the closing paperwork is signed.
In this case, the current assessment sits noticeably below the purchase price — a gap that suggests the assessment may catch up in a future cycle. The buyer factors that into their long-term budget instead of being surprised by it later, and knows they'll have appeal grounds if the eventual reassessment overshoots.
Homebuyers evaluating a purchase before closing, and their agents who want to flag a likely future tax change as part of due diligence.