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Appraiser's office explains how property values are calculated and how to appeal
Summary
An agency official outlined how residential values are set—based on location, size, construction quality, condition and comparable sales—and urged owners who disagree to file an informal appeal by returning the valuation notice by March 31.
An agency official from the appraiser's office outlined how residential property values are determined and urged homeowners who disagree to file an appeal by March 31. "We determine the value of your property by looking at many factors, like its location, square footage, quality of construction, and condition of the home," the official said.
The official said assessors consider multiple approaches to set a fair market value. The most…
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