Calculating Assessment

If you are questioning the assessed value of your property, please ask yourself:

  1. What did I pay for the property?
  2. What would I sell the property for?
  3. How much money have I spent improving the property?
  4. Did I do any of the work myself, which results in lower construction costs but would not affect what I would ask for the property on the open market?
  5. Am I questioning the assessed value, or my tax bill?
  6. Am I interested in learning the process by which assessed valuations are determined?
  7. Have I contacted the Assessor's Office recently to see what properties are currently selling for in Waterford?