1. evaluated or valued at too high an amount, especially in terms of property taxes or financial worth

1. past tense and past participle of overassess; to assess or evaluate something at too high a value or level

Examples

• The property was overassessed by the county, leading to inflated tax bills.
• Many homeowners discovered their houses had been overassessed during the recent appraisal review.
• The school overassessed the students' abilities, placing them in advanced classes they were not ready for.
• Critics argued that the company's assets were overassessed in the financial report.
• After the market downturn, it became clear that real estate values had been overassessed.
• The teacher overassessed her students' understanding of the material based on a single test.