New Construction In general, what is considered assessable (taxable) new construction? If I add area (square footage) to my home, will the increase in my assessed value be based on the new square footage of the addition, or will it cause a reappraisal of the entire property, including the land? Will extensive rehabilitation of my home cause a reappraisal (reassessment) of the entire structure? Will the new construction on my home be considered a remodel if I leave the existing foundation and one wall standing? Will the remodel of my kitchen or bathroom trigger a reassessment? Will my assessment increase when I replace floor coverings, windows or a roof? How does the demolition of a structure on my property affect the assessment? How does the added value for new construction affect my taxes? How does the Assessor’s Office know when new construction has occurred on a property? How does the Assessor arrive at the added value for new construction? If I am an owner-builder, will my actual costs be accepted as the value of the new construction? Shortly after I filed for a building permit, I received a “Property Owner’s Statement on New Construction” from the Assessor’s Office, requesting information about the new construction. What does the Assessor use this information for? If I complete and return the "Property Owner’s Statement on New Construction" timely will an appraiser visit my property? If the actual physical description of my property differs from the Assessor’s records, what needs to be done to have the Assessor’s records corrected? If I notify the Assessor of an error in the physical description of my property, will this cause a reassessment of my property? What do I do if I disagree with the assessed value of my new construction?

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