How is the full cash value determined?

The full cash value is comprised of a value for the land and for the structure (improvement). The land value is set based on the selling prices for similar types and sizes of land and is updated periodically. The improvement value is re-calculated every year and is adjusted for depreciation, physical condition, modernization, etc. A market factor is applied based on a statistical sales ratio analysis for that type of property in that specific submarket area of the county. Standard appraisal methods are used by State certified appraisers within the Assessor's Office to achieve this goal.

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1. Why did I receive this notice of valuation?
2. What does it mean?
3. Does everyone get a notice?
4. What is the full cash value?
5. What is the limited property value?
6. What is the legal classification of property?
7. Why are 2023 values being set now?
8. Why did the full cash value go up?
9. Can the limited property value go up and the full cash value go down?
10. How can the full cash value increase in a depressed market?
11. Is the County just increasing values to get more tax revenue?
12. Did every property owner get the same increase/decrease?
13. How is the full cash value determined?
14. Why did the value go up when I have done nothing to the property?
15. What can I do about the increase?
16. Are my taxes going up?
17. I can’t afford my property taxes. What can I do?
18. What happens if I file an appeal?