Houston County Government issued the following announcement on March 16.
Notice of Residential & Agricultural Revaluation
The appraisal staff of the Houston County Board of Tax Assessors Office have been working on the revaluation of residential and agricultural property in Houston County.
The staff has diligently worked to appraise properties close to the fair market value and based the values on current sales. The market has been constantly increasing since last year when notices were sent to property owners in April 2021.
The appraisal staff are charged with establishing the fair market value of the taxable real and personal properties in Houston County. Fair market value means “the amount a knowledgeable buyer would pay for the property and a willing seller would accept for the property at an arm’s length, bona fide sale.”
The Board of Tax Assessors do not create property values. They rely on the appraisal staff, certified by the Georgia Department of Revenue, to research current fair market sales along with field inspections of the properties.
The values for 2022 will be changing from the 2021 values based on the market and other conditions of the property. The notices will be sent out in late April or early May of 2022.
Original source can be found here.
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