Property Assessment | Dinosaurvalley.com
Property Assessment

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propertyassessment

 

Property assessment refers to the reasonable market value of your property and all properties are re-assessed every year.

The effective date of the assessment, is the 31st of December the previous year.

It is important to note that the property assessment is different from property appraisal.

In a property assessment, the assessor is involved with determining the value of properties in a comparative manner for property tax purposes.

A property appraisal, is a mortgage process requirement to secure that a loan will be guaranteed by the value of the property. 

Assessments are required by municipal governments for the formulation of realistic policies related to a designated taxation area.

This section covers the following important points:

For more information regarding assessment inquiries, contact us at (403) 823-1314 or get in touch with our assessors directly at (403) 343-3357.