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County assessor notes 15-year review found market shifts tied to local conditions
Summary
Bernalillo County staff described a 15-year historical review of property values and said assessors must track market fluctuations and neighborhood conditions — including loitering, crime and unhoused populations — when setting valuations.
Unidentified Speaker 1 (Unidentified speaker) said the Office of the County Assessor completed a 15-year historical data review ‘‘to make sure that every property in Bernalillo County, no matter the neighborhood, gets fair and equitable treatment,’’ noting the study examined property values across the county.
The review’s purpose, the presenter said, was to document how market conditions change over time…
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