Can my assessment change if I haven't done anything to my property?
General economic conditions and other factors such as interest rates, inflation, supply and demand will influence the value of real estate. When property values change, either upward or downward at the same rate throughout the Township, the assessments would not change. However if 1 neighborhood increases or decreases faster in value than the remainder of the Township then assessments in that area can be adjusted to bring them back in line with the majority of the Township.

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1. What does "Fair Market Value" mean?
2. If I do not agree with my property assessment, can I file an appeal?
3. Can I review my property assessment and how it was arrived at?
4. Can my assessment change if I haven't done anything to my property?
5. What will happen to my assessment if I improve my property?