Quick answers for appeals: My house square footage is 80% of my neighbor’s, why is the value of my house not 80% of their value?
Property value is based on a broader range of characteristics, not just limited to size. Some of these characteristics are age, condition, building grade, view, amenities, lot size and more. King County residents can find information on their property characteristics by using eReal Property on the Department of Assessments web page.
Why is my neighbor's value lower than mine?
Different types of property appreciate or depreciate at different rates in the marketplace. Your value may not have been equalized with others thus indicating that one property needed to increase or decrease more than the other in order to equalize them. My neighbor's property across the street seems to have the same house and lot size that I do. Why is their value lower than mine?
It is possible that your property characteristics are not the same as your neighbor’s. To make certain, please go the eReal Property on the Department of Assessments web page and make certain you are comparing both improvements and land characteristics. Any characteristic differences may affect value. For example: - If your view is different your value could be substantially different
- If the building grades are different, your value could be substantially different from your neighbors.
My view is blocked/diminished by trees.
Views affected by trees diminish over time.
- Do you own the blocking trees? If so you may control your view. (Check with your jurisdiction regarding trimming restrictions.)
- Please take advantage of the appeals process if you believe your property characteristics negatively affect your value or contact the Department of Assessments
at Assessor.Info@KingCounty.Gov or 206-296-7300 for information regarding an assessment review.
Why did my appraised land value go up?
It may be that the allocation of your land value to your total value was too low. The examination of market sales indicated that your land value as vacant should be increased.
I don't disagree with my land value but my house value is way out of whack. I have made no improvements to my house how could my house value go up?
The real estate market is constantly changing. Total value is reflective of the market at a given point in time. Your assessed value is as of January 1st. You pay your tax on the total value. We value land as though vacant. Subtracting the land value from the total value leaves any remaining value that the market recognizes as contributory to the whole.
How can the county assessment be higher than that of my recent professional appraisal?
Our values were established January 1. Your professional appraisal was completed after that date. In a declining market, time will create a market change. In addition, because of the influence of time the adjustments your appraiser made for comparable properties may have not been reflective of the market as of January 1.
The area report says you use all the verified at market sales in my area but the sales grid sent to me shows only three sales. What sales did you use to value my property?
We used all the sales which were verified as or appeared to be market sales available in the area in which you live.
All of the sales used in our valuation can be found in the Area Reports. To identify which area your home is located in, please check eReal Property on the Department of Assessments web page.
My house just sold for much less than you have it assessed for. Will you correct my assessment and will you be issuing a refund?
Your individual sale will typically not affect your current value. However, your sale will be analyzed along with all other sales from your area for your next annual valuation.
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