What causes property values to change?
A property’s value can change for many reasons. The most obvious is that the property itself changes. For example, a bedroom, garage or swimming pool is added or part of the property is destroyed by flood or fire. The most frequent cause of a change in value is a change in the real estate market. When market value changes, so does the assessed value. Value is created by transactions in the marketplace. It is important to remember that the assessor does not create value. The assessor simply has the legal responsibility to study those transactions and appraise property accordingly.

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1. What do I do if I think my assessment is incorrect?
2. What is an annual reassessment?
3. Why do an annual reassessment?
4. Why are real estate taxes necessary?
5. What is fair market value?
6. What causes property values to change?
7. What is the effective date of my assessment?
8. When are buildings under construction assessed?
9. How is property appraised?
10. Do all assessments change at the same rate?
11. How do trends in real estate affect local assessments?
12. What is the role of computers in the assessment process?
13. What will happen to my assessment if I improve my property?
14. Will my assessment increase if I repair my property?
15. Can the assessment on my property be changed even if the assessor has not been inside my property?
16. What is a field review?
17. Can I make an appointment for a field review?
18. How can I be sure the information used to determine the value of my property is correct?