Click to Home
Go To Search
No Emergency

Does a change in ownership affect a property's value?
When a change in ownership occurs, an appraisal is made to determine the new market value of the property, if required. The transfer of property between husband and wife does not require a reappraisal for property tax purposes. In addition, the transfer of the principle place of residence and up to $1 million of any other real property between parents and children or between grandparents and grandchildren is also excluded from reappraisal if an application is filed and meets the necessary requirements. The application must be filed within three years of the transfer date or before the property has sold to a third party.

Assessor

Show All Answers

1. How will construction affect my property's value?
2. Does a change in ownership affect a property's value?
3. What should I do if I believe my property's value is less than the assessment?