You have valued my house for more than it cost me to build it; why is that?

Cost and value are not always the same thing. Our conclusion of Real Market Value (RMV) is based on what the property would sell for in an open market transaction. Not everyone can build their own home; those who can benefit from not paying labor costs and see these savings reflected in the sales price of their property.

Show All Answers

1. How is residential property appraised?
2. I recently purchased my newer house and there is no improvement value on my tax statement. Why not?
3. You have valued my house for more than it cost me to build it; why is that?
4. I'm going to build a new garage/carport or add concrete/blacktop to my property. What will my taxes be?
5. Are portable buildings and garden sheds taxable?
6. I need an appraisal to get a loan, can you do that for me?
7. Do I have to let an appraiser on my property?
8. Why are my neighbor's taxes lower than mine?
9. Will you review my property value without an appeal being filed?
10. Why am I not being taxed on my sales price?
11. If I find an error in the square footage of my house or the acreage of my property can a correction be made?