How can the assessor say my property is worth $300,000 when I paid only $200,000 for it three years ago?
The current assessed valuation reflects the county’s opinion of changes in the real estate market since you purchased the property. The county chose to use sales of certain comparable homes that have taken place in the past three years to suggest that the market value of your property has increased. If you feel that the increase in your assessment is unjustified and would like to appeal, ValueAppeal can help!