How is my market value calculated?
Sales of real estate are used as a guide in determining the assessor’s market values. These sales are analyzed to determine which factors contribute to the value. These factors are then put into a model or formula to apply to all properties. The values are then tested to make sure that the quality of the assessment meets statistical requirements.

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1. What is estimated market value?
2. How is my market value calculated?
3. Why does my market value change if I have made no improvements to my property?
4. Does an increase in estimated market value always mean in increase in property tax?
5. Do I have to allow the assessor into my home?