What is a revaluation?

A revaluation is the process of conducting the data collection and market analysis necessary to equalize the values of all properties within a municipality for the purpose of a fair distribution of the tax burden. The purpose of a valuation update is not to raise taxes. The purpose is to create an equitable distribution of the tax load.

Show All Answers

1. What is a revaluation?
2. What happens during a revaluation?
3. Why is a valuation update needed?
4. Will a valuation update increase my taxes?
5. How will I know if my assessment is equitable?
6. What is an informal hearing?
7. If I disagree with my assessment after a hearing, what are my options?
8. What is market value and who determines my property value?
9. Will someone be coming to inspect my house?