New Construction
	If I notify the Assessor of an error in the physical description of my property, will this cause a reassessment of my property?
	If the error is assessable new construction and was completed during your ownership of the property, you may be assessed for the added value of the new construction. If the new construction already existed when you purchased the property, in most cases, your assessment will not increase because the value of the new construction was included in the reported purchase price paid for the property. Your assessment may change in cases where there was no reported purchase price, and the incorrect physical description of the property was used to establish the market value for the property.
	Posted by Website, Tuesday, April 08, 2008

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