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How can my assessment change when I haven't done anything to the property?
General economic conditions such as interest rates, inflations rates, and changes in the tax laws will influence the value of real estate. As property values (sales prices) fluctuate in the market place, those changes must be reflected in the assessments of all properties.

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?
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