6.1 SR 02-07-2022 - Laserfiche WebLink

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Valuation Date ILLUSTRATION**SEE REVERSE FOR January of 2022.as of $360,000closer to would also indicate a value in July of 2021 $330,000A purchase price of .22January of 20as of 0,0006$3closer to would indicate a value 2120in January of 00,000$3 A purchase price of in your area:% 20say ,the market appreciatedJanuary 2 of each year. If The assessment date is How is that possible?”,000. 06it’s worth $3saying now you’re and 0,000 for my home $30Wait a second, I paid “ “most likely” price. resulting in an indicated value, ora consideration of many sales, on an individual sale, but rather he assessed value is not based T properties. many similar sale transactions ofvalue all properties based on the appraisal techniques seek to . Mass every day deals occurring “bad”and “good”perceived preferences. This results in least in part, on their own purchase property based, at It’s also true that people an Individual SaleAppraisal Isn’t Based on Mass date and the assessment date.have occurred between the sale appreciation that may given to with consideration edzanalyassessment date must be Sales occurring prior to the . greater than experienced , gains significantn seeCounty has herburneestate market in SOver this past year the real Market Appreciating properties.milar estimating the value of siused as comparable sales in sales ratio studies, nor are they transactions and are not used in length -market, arm’s-openundue duress are not considered seller or buyer are acting under relatives, or sales where the as foreclosures, sales between of the market. Some sales, such Not all sales are representative ncludedNot All Sales I .21September of 20d an 20between October of 20 considers sales that occurredassessment the assessor 22For the January 2, 20 Sales Study Period . 2320utilized in the calculation for 22January 2, 20estimated propincluded an Valuation Notice 2220The recently mailed