How are values established?

The sales of properties in your neighborhood are analyzed, and the sales prices and sales listings are studied so that the current value trends within the municipality can be determined. Land sales are also gathered, verified and analyzed according to the zone they are in and their use.

The valuation of your home is based on the total living area in terms of square footage rather than by room count. Other features which will affect the valuation of your home include; high quality finishes, additional bathrooms and kitchens, finished basements, central air conditioning, elevators, decks and patios, fireplaces, generators, pools, out-buildings, garages and the overall condition of the improvements.