Howard County residents see property assessments on rise
Thu, 03/25/2021 - 10:36am admin
HOWARD COUNty - Last week most property owners in Howard County received a letter that saw an increase in assessments.
Assessor Lori Kerian, who was appointed Jan. 11 and took over for Joe Kelly who retired, explained why the values changed.
“State law requires that all real estate property be reassessed every two years. The current law requires the reassessment to occur in odd numbered years.”
Changes in market value as indicated by research, sales ratio studies and analysis of local conditions as well as economic trends both in and outside the construction industry, along with the Iowa Department of Revenue 2020 Real Property Appraisal Manual are used in determining your assessment.
If you disagree with the assessor’s estimate of value, please consider these two questions before proceeding, as outlined below:
1. What is the actual market value of my property?
2. How does the value compare to similar properties in the neighborhood?
If you have questions about the assessment of your property, feel free to contact Kerian.
You may file a written protest with the Board of Review, which is composed of five members from various areas of the assessing jurisdiction.
If not satisfied with the Board’s decision, appeals may be filed with the Property Assessment Appeal Board or to district court within 20 days after adjournment or May 31 whichever date it later.