Does the estimated market value increase or decrease at the same rate on all properties?
No, it does not. There are differences between individual properties and between neighborhoods. In one area the sales may indicate a large increase in value in a given year. In another neighborhood there may be very little or no change in value. Different types of property within the same neighborhood may show different value changes. There are numerous factors to be considered in each property, which will cause value changes to differ. Some of the factors that can affect value are location, condition, size, quality, number of baths, basement finish, garages, and many others.

Show All Answers

1. What does the Assessor do?
2. Who are the county appraisers and what are their credentials?
3. What is "market value"?
4. How does the Assessor determine market value?
5. Why has my value gone up or gone down?
6. Does the estimated market value increase or decrease at the same rate on all properties?
7. Can my estimated market value change even if the assessor has not been inside my property?
8. What if I don’t let the appraiser inspect my home?
9. What will happen to my estimated market value if I improve my property?
10. Will my estimated market value go up if I repair my property?
11. What can I do if I think the estimated market value is too high?
12. How do I appeal my value or classification for my property?