New Construction
	How does the Assessor arrive at the added value for new construction?
	The Assessor is mandated to enroll market value for all assessable new construction. The most utilized method by our appraisers to determine the market value of new construction is the cost approach. The staff typically utilizes standardized cost tables, based on annual surveys of new construction professionals. These costs vary by the size of the addition and the quality of the new construction.
	Posted by Website, Tuesday, April 08, 2008

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