Why is my single-family home valued differently than my neighbor's 2-family?
Any property or residence must be compared with like properties. As the old saying goes you must compare apples to apples. You should utilize properties that are similar to yours in location, age, style, size, condition and other features that affect market value such as the number of bedrooms and bathrooms for comparison purposes.

Show All Answers

1. What is a revaluation?
2. Why is a revaluation necessary?
3. How are assessments determined?
4. What is Mass Appraisal?
5. What is market value (a.k.a. full and fair cash value)?
6. What if there hasn't been a recent qualified sale of my property?
7. Will all property values change?
8. How can my assessment change when I haven't done anything to the property?
9. Will I be notified of a change in my assessment?
10. How will my taxes change as a result of my new assessment?
11. Why is my single-family home valued differently than my neighbor's 2-family?
12. Where can I find more information on revaluation?