How is market value estimated?
The assessor visits your property to record the existence and character of improvements that contribute to its market value. The assessor collects sales information on all types of property, and studies characteristics such as location, size of the parcel, improvements and amenities that affect what buyers would pay for your property. Local sales will impact local values. The assessor uses actual sales of similar properties to estimate what buyers would pay for your property. (A single sale does not make a market.)

Show All Answers

1. Will my Estimated Market Value go up if I repair my property?
2. What if I don't let the assessor inside my house?
3. What can I do if I think the Estimated Market Value is too high?
4. Why has my value gone up?
5. How do I get my land surveyed?
6. What is the responsibility of the Assessor in the property tax system?
7. Does the Estimated Market Value increase at the same rate on all properties?
8. How do I schedule a review of my property?
9. How are my Real Estate taxes determined?
10. I haven't changed anything. Why do you have to come to my house?
11. What will happen to my Estimated Market Value if I improve my property?
12. How is market value estimated?
13. Who qualifies for Homestead?
14. Can my Estimated Market Value change even if the assessor has not been inside my property?
15. How can I tell what city or township my property is in from my PIN?
16. What is Estimated Market Value (EMV)?
17. What is a Property Identification Number (PIN)?
18. I have had fire or storm damage to my house. Should I contact the assessor's office?