How was my real estate value determined?
Most properties are valued using the sales comparison approach. This method compares your property to others that have sold recently. These sales must be verified by the assessor to determine that they are valid arms length transactions, which is what a willing buyer is going to give a willing seller for the property.

Show All Answers

1. What is the tax rate per $100?
2. How often is the ownership data updated on the Assessor's database?
3. How was my real estate value determined?
4. Why did the value of my home change?
5. How often is property re-assessed?
6. If I construct a new addition to my home, will it immediately increase the value?