The Scott County Assessor’s office uses a mass appraisal process for estimating market values. This system involves the analysis of sales that have taken place in the jurisdiction and the collection of the physical features of each property in the jurisdiction.
The assessor also analyzes information such as:
Market Value page.
- on construction costs
- how much it takes to operate and keep a property in good repair
- what rent it may earn
- other financial considerations affecting market value such as the current rate of interest charged for borrowing money to buy or build properties like yours.