Why did my assessment increase this year?

There could be several reasons for the increase in assessment:

  • New construction has been added or remodeling has been done since last April 1st.
  • Change in the use of the property has occurred, single family to multi-family or residential to commercial use.
  • Market value has increased as a result of sales of comparable properties.
  • Errors found in land size or construction details of structures.

Show All Answers

1. Why did my mortgage appraisal come in less than my assessment? Is my tax valuation too high?
2. Is my assessed value what you think my house is actually worth?
3. Why is my property assessed higher than my neighbors?
4. When are taxes due?
5. I purchased my property in June of this year, why is the former owner's name still listed on the tax bill?
6. Why did my assessment increase this year?
7. What is Veazie’s tax year?