How will the pandemic affect the tax value of my home for 2021?

Revaluation staff is continuing to track sales and leasing data in order to account for any effects the pandemic may have on property values. Individual tax values will reflect market conditions, including those resulting from the pandemic, that exist on January 1, 2021. Currently the data shows that overall, homes are continuing to sell at the same rate and sales prices are steady and rising. This information indicates that the pandemic has not negatively impacted home values. Information on sales in your area can be reviewed at our COMPER website.

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1. How will the pandemic affect the tax value of my home for 2021?
2. How will my 2021 tax bill be affected by the Revaluation, and specifically during the pandemic?
3. What is a revaluation?
4. Why have a revaluation?
5. Will all property values change during a revaluation?
6. Why appraise at market value?
7. When does the revaluation take effect?
8. Who will do the work of reviewing properties for the revaluation?
9. When can I find out my new tax assessment?
10. Will my taxes change as a result of revaluation?
11. How are market values determined?
12. What if I disagree with my new tax assessment?