What changes are made each year?

Many of the changes are explained in these frequently asked questions as each section of the property record card is explained. The CAMA (Computer Aided Mass Appraisal) system is used to calculate the values. CAMA tables with the factors used to calculate the values are updated each year based on sales analysis. The factors are adjusted so that the median assessment-to-sale-price ratio is within 10% of what is deemed to be fair market value.

The computer model created is then applied to all the properties in town to arrive at a new value for each property. Changes are typically made to costs-per-square-foot for different building styles and land values for different neighborhoods.

Show All Answers

1. What is the Valuation Criteria?
2. What changes are made each year?
3. Why do different property assessments go up (or down) in different proportions?
4. When my neighbors house sells, will their price determine my assessment?
5. How will this new valuation affect my tax bill?
6. How can I get more information?
7. Why are the tax amounts on my bill different from what I paid last quarter?
8. My property value appears to be a little high, but I'm not sure if I'm over assessed. What should I do?
9. How do I file for abatement?
10. If I file an abatement request, do I have to attend a hearing with the Assessor?
11. What is a revaluation, and when does one occur?
12. Why do some assessments increase more than others after a revaluation?
13. If assessed values rise, do taxes have to rise?
14. Does the assessor need to inspect my house?
15. How do I file for homestead declaration?
16. How do I obtain property record cards online?