Assessed Value of Property

Businesses face any number of headwinds. High interest rates, inflation, work shortages, and supply chain problems are just a few. Don’t let this list include overpaying on your property taxes.

As the saying goes, the only certain things in life are death and taxes. But that doesn’t mean you have to accept your property taxes

Developers, real estate investors and business owners are appropriately focused on creating profit and high rates of return. Managing property taxes may not be a terribly high priority. However, property taxes are usually the most significant real estate expense incurred by real estate users and have a direct impact on profitability and rates of return.

We frequently get asked about how an assessment will change after an acquisition at a price higher than the assessed value. The answer of course is, it depends.

Assessors use sales ratio studies for the review and equalization of values. A sales ratio shows the relationship between the assessors Estimated Market Value (EMV) and the