TOWN OF CLARENCE
PROPERTY ASSESSMENT

As part of the ongoing Annual Reassessment Program in the Town of Clarence, the Assessor's office will be reviewing and analyzing the assessments of each property in the Town. According to the Real Property Tax Law, all property assessments must be valued at the same uniform percentage. The Town of Clarence assessments are at a uniform percentage of 100% of market value.

THE PROCESS

Beginning in March, property owners will be receiving a notice to include:

• New preliminary assessed values
• Current assessment (the value used on your current tax bill)

Properties with pending building permits will receive a change of assessment notice for work completed as of March 1, 2010.

RESOURCES AVAILABLE

AFTER MARCH 1st

1. Reports: Residential sales and property inventories will be published and available for inspection.

2. Internet Access: The assessment roll will be on the Internet.

• Verify property information
• Review inventory data on an individual property
• Review current sales information
• Analyze sales information about similar properties

In comparing similar sales it is important to remember that location, style, age and size are critical to the comparison process. For example: if you purchased your home for $200,000 on a particular street or neighborhood DO NOT look for homes that sell for $150,000 in other neighborhoods or compare a 5 year old house with a 50 year old house. BE REALISTIC AND HONEST.

INFORMAL REVIEW PROCESS

The Assessor's Office will continue to offer property owners an Informal Review Process. If you feel your assessment is incorrect then you must provide the Assessor with reasonable information, based on market sales, that supports your opinion of market value.

Informal Review Applications are Due April 2, 2010

THE GOAL OF THE ASSESSOR'S OFFICE IS TO DETERMINE THE FAIR AND EQUITABLE ASSESSMENT FOR YOUR PROPERTY.