We know every home is special to each homeowner. And the value of a residential property is directly related to the characteristics of a property. That is because values are based on market sales, and buyers in the real estate market care about certain differences between properties such as: where they are located, how big they are, the quality of materials, fixtures and styling, and many other distinctions. Typically, buyers in the real estate will pay more or less for a property, based on what they consider to be desirable characteristics, and the Assessor's valuations are based on those sales.
Since a property's value is directly linked to its characteristics, inaccurate property characteristics or other factors can cause properties to be overvalued or undervalued. You can confirm the characteristics for your property with the Assessor’s Office. Not all characteristics end up being significant to the value of a property each year, depending on the real estate market.
If there are inaccuracies in your property record or you otherwise disagree with your value, by statute, all property owners have the right to appeal the classification or actual value established by the assessor each year. You can find more information about appealing your property value on the Appealspage at the Assessor's Office site.
