Why did the Full Cash Value go up?

A property’s value can change for many reasons. The Assessor’s office is required to revalue your property based on the sales market and the improvements on the parcel. The most obvious reason is physical changes may have been made to the property such as additions or improvements.

                “I haven’t made any changes to my property since I bought it.”

Although you may not have made changes to your property since you owned it, and due to our county’s size and limited number of staff we are not able to review every parcel annually. Changes may have been made or missed that we were unaware of.  Real Estate transactions also create value. The assessor’s office has the legal responsibility to study transactions and appraise your property accordingly. When market value changes, so does the assessed value.  It may also occur when an annual land reappraisal is completed.

Show All Answers

1. What does it mean?
2. Does everyone get a notice?
3. Why did I receive this notice of valuation?
4. What are your rights and responsibilities?
5. What is the property classification of property?
6. Why did the Full Cash Value go up?
7. Can the Limited Property Value go up and the Full Cash Value go down?
8. How can the Full Cash Value Increase In a depressed market?
9. How is my Real Property Taxed
10. Why am I receiving a tax bill or Notice of Value for a mobile home that I no longer own?
11. Did every property owner get the same increase/decrease?
12. Why did the value go up when I have done nothing to the property?
13. Are there any exemptions offered that assists in property tax relief?
14. What can I do about the increase?
15. Are my taxes going up?