What is market value?
A simple definition of market value is what you could sell your property for in today’s market. The sale must be an arms-length transaction between a willing buyer and a willing seller to fit the description.

For more information on assessments and valuations, please visit the Assessor page.

Show All Answers

1. How do you value my lakeshore?
2. How does the assessor measure market value?
3. What are the Assessor’s duties?
4. What if I think my property is over assessed?
5. What is market value?
6. What is the assessment process?
7. Why did the classification change on my property?
8. Why does my value increase when nothing has been done to my property?