Will all property values change?
Most likely, yes. However, not all property values will change at the same rate. Market values will have increased more for some neighborhoods and property types than for others. Some neighborhoods and property types may have decreased in value and others may have remained the same. One purpose of a revaluation is to make sure that the assessed values reflect the changes that have occurred in market/property values.
Updated 7/25/2016 12:35 PM