Do all assessments change at the same rate?

There are differences between individual properties and between neighborhoods. In one area of the Village residential sales may indicate a substantial increase in value in a given year. In another neighborhood the increase may not be significant.

Different types of properties within the same neighborhood may also show different value changes. For example, one-story houses may be more in demand than two-story houses, or vice-versa. 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.

Additional Factors

There are numerous factors to be considered in the Village of Plover, 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.

Show All Answers

1. What is a revaluation?
2. What is the assessor's role?
3. How does the assessor value property?
4. What is market value?
5. Can the assessment on my property be changed even if the assessor has not been inside my property?
6. I have recently built a new home. Will the construction costs be considered?
7. What will happen to my assessment if I improve my property?
8. Will my assessment go up if I repair my property?
9. How can my assessment change when I haven't done anything to my property?
10. Do all assessments change at the same rate?
11. Will I be notified if there is a change in my assessment?
12. How do I know if my assessment is correct?
13. What if I don't agree with my assessment?
14. After this review, if I still think the assessment is incorrect, what can I do?
15. What is the Board of Review?
16. What happens after the Board of Review makes its decision?
17. How will my taxes change as a result of the new assessment?