Why is Reappraisal necessary?

Reappraisal eliminates inequities which are created over time by changes in the real estate market, ensuring fairness and equity for all property owners.

A property’s market value can increase or decrease. If the Assessor’s record of a property’s market value does not change with the market, some people could pay too much in property taxes, while others could pay too little.

That’s why the Coffee County Assessor is required to conduct reappraisals. Reappraisals allow the Assessor to adjust property values so that every property in Coffee County is appraised close to market value. The last reappraisal occurred in 2018.

Between reappraisal cycles, the Assessor’s staff:

  • Visually inspects properties in Coffee County so that the Assessor’s assessment records reflect each property’s actual characteristics, such as: square footage, story height, exterior wall type, garage, carport and detached buildings, etc.
  • Verifies all property transfers as they occur in the market place. The Assessor’s staff verifies each sale in order to ensure it is an arms-length transaction.

State law protects property owners from paying more that their fair share of property tax because a reappraisal has occurred. It provides for adjusting the tax rate to a level that would bring in the same amount of revenue as before reappraisal, excluding new construction. This is called the Certified Tax Rate.

Show All Answers

1. What does the Assessor do?
2. Will the value of my property change every year?
3. At what value is my home appraised for property tax purposes?
4. How is my home appraised for property tax purposes?
5. Are mobile homes taxable?
6. How does the Assessor determine market value?
7. Does the Assessor visit my property?
8. If I bought my house last year, shouldn't the value be the same as what I paid for it a year ago?
9. When will I be notified of the value of my property?
10. How can I determine whether or not the appraisal of my home is accurate?
11. What can I do if I believe the value of my home is incorrect?
12. Why is Reappraisal necessary?
13. How are reappraisal values established?
14. How does structural damage affect appraisal value?
15. What if property owners disagree with their appraisal values?