Why has my valuation changed?

Changes in the real estate market are the likely reason for your value change.  Since the county assessor is required by law to assess all taxable property at market value, when the market changes significantly, assessed values follow suit. 

Assessed value changes may also be due to physical changes to your property that affected its market value.   Additions, renovations, demolition of existing structures, or physical deterioration are common examples.

Show All Answers

1. Why has my valuation changed?
2. How does the Assessor’s office evaluate the real estate market?
3. How is my assessed value determined?
4. How do I schedule an informal hearing?
5. I need to discuss my concerns with an appraiser. How do I schedule a telephone hearing?
6. What if my property is assessed higher than I could sell it for?
7. Can I schedule a single telephone hearing for multiple properties I own?
8. How long does a telephone hearing last?
9. How long does the hearing last for each property?
10. What should I prepare for a telephone hearing?
11. How will I know if my value has changed as a result of my submitted information?
12. What if I still disagree with the valuation?
13. What is the role of my assessor in property taxes?
14. Can I leave feedback regarding the customer service in the Assessor’s Office?
15. What does Adjusted Sale Price on the Comparable Sales Report mean?