Click to Home

Go To Search
Do the market values of all properties change at the same rate and over the same time frame?
Significant differences exist between individual properties and the neighborhoods where they are located. In particular areas of the City, sales prices may change dramatically over a short period of time. In other areas, any increase may not be significant.

Different styles of property in a single neighborhood may also experience variation in sale prices. For example, a single-story house may be in high demand while two-story houses may lag on the market or vice-versa. In addition, older homes in the same area may be rising in value more slowly than newer homes.

Generally, commercial and industrial properties do not appreciate at the same rate as single family residential homes. There are numerous factors to be considered in St. Francis, which will cause each property's values to differ. Some of the factors that can affect value are location, condition, size, quality, number of baths, basement finish, garages and many others.

Frequently Asked Assessor Questions

Show All Answers

1. What does an Assessor do?
2. How does the assessor value property?
3. What if I think my assessment might not be correct?
4. How do I know if my assessment is fair?
5. If after discussing my assessment with the Assessor's office staff I still think the assessment is not correct, what should I do?
6. What is the Board of Review
7. What happens after the Board of Review makes its decision?
8. What is a "Valid" or Market Sale?
9. Do the market values of all properties change at the same rate and over the same time frame?
10. Why do assessors avoid considering foreclosure or estate sales when calculating assessments.
11. What is a Revaluation?
12. Will I be notifieed if there is a change in my assessment?
13. How can my assessment change when I havn't done anything to my property.
14. Can my assessment change in the years between citywide revaluations?
15. What will happen to my assessment if I improve my property?
16. I have recently built a new home. Will cost to build my property be considered when my assessment is calculated?
17. I have a refinance appraisal- Will you change my assessment to the appraiser's value?