How does the assessor value property?

Wisconsin Law requires property assessments based on fair market value. Estimating the market value of your property is a matter of determining the price a typical buyer would pay for it in its present condition. Some factors the assessor considers are: what similar properties are selling for, what it would cost to replace your property, the rent it may earn, and any other factors that affect value. IT IS IMPORTANT TO REMEMBER THAT THE ASSESSOR DOES NOT CREATE THIS VALUE, BUT RATHER INTERPRETS WHAT IS HAPPENING IN THE MARKET PLACE.

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1. What is the assessor's role?
2. When I get my new assessment, who do I talk to about it and possibly contest the value?
3. How does the assessor value property?
4. What is market value?
5. I've heard values are developed by computer. Is this correct?
6. What will happen to my assessment if I improve my property?
7. Will my assessment go up if I repair my property?
8. How can my assessment change when I haven't done anything to my property?
9. Do all assessments change at the same rate?
10. How do I know if my assessment is correct?
11. Will I be notified if there is a change in my assessment?
12. What is the difference in value between an attached garage and an unattached garage?
13. If I add a shed to my property, will it increase my property valuation?
14. If I build a gazebo on my property, will it increase my property valuation.
15. Will a pool add value to my property?
16. Is landscaping included in my property valuation?
17. Is a driveways surfacing considered in the property valuation?
18. Will my fence have an effect on my property valuation?