How is my Estimated Market Value established?

The Assessor's Office estimates market value and classifies about 55,000 residential and commercial parcels each year for property tax purposes. The estimate of market value is determined as of January 2nd of each year for taxes payable in the following year. For example, your January 2, 2023 estimated market value is established for taxes payable in 2024.

Questions? Contact the Property Assessment Team

Valuation Process page.

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1. What is Market Value?
2. How does the Assessor Estimate Market Value?
3. How is my Estimated Market Value established?
4. Why has my Estimated Market Value changed?
5. Does the Estimated Market Value change at the same rate on all properties?
6. What will happen to my estimated market value if I improve my property?
7. Will my estimated market value go up if I repair my property?
8. Am I notified about my Estimated Market Value?
9. What is a Quintile Review?
10. Will I be notified when my property is going to be reviewed?
11. What happens if I do not let the appraiser in my home?
12. How is my Estimated Market Value established?