Property Assessments

Property assessments are evaluations conducted by local government authorities to determine the value of real estate for taxation purposes. This value, often called the assessed value, is used to calculate property taxes homeowners and businesses must pay. Assessors consider factors such as the property’s size, location, condition, and recent sales of similar properties. Regular assessments help ensure that property taxes are fair and reflect current market conditions, supporting local services like schools and infrastructure. Property owners can often appeal their assessment if they believe it does not accurately reflect their property's value.