|
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.
In order to maintain fair and equitable assessments according to the tax
laws annual reassessment must be performed.
In the past 12 months
certain areas of the Town have experienced significant market changes,
therefore the Town has retained the services of GAR Associates, a real
estate appraisal firm, to assist in the review of the market values of
all properties throughout the Town. Professional appraisers will be
reviewing the market values for possible assessment changes.
THE PROCESS
Beginning in April, 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 May 1, 2008.
RESOURCES AVAILABLE
AFTER APRIL 1
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 May 2, 2008
THE GOAL OF THE ASSESSOR'S OFFICE IS TO DETERMINE THE FAIR AND
EQUITABLE ASSESSMENT FOR YOUR PROPERTY.
|
