We adjust values by neighborhood based on the prices of recent real estate sales in that neighborhood.
The value of each property in a neighborhood will increase or decrease by the same percentage, so property values catch up to recent sales prices in that neighborhood.
When adjusting values, our goal is to set a fair market value on your property: the amount it would sell for on the open market.
The best indicator of the amount a property will sell for on the open market is the prices of similar properties in the same area in 2022.
If you do not believe that you could sell your property for the value set by our office, please consider participating in our informal review or formal appeal processes.