If I paid $86,000, why does my assessment schedule say $87,500?
Wyoming statute also states an individual statement of consideration shall now, by itself, be used to adjust the assessed value of any individual property. To ensure that sold properties are being valued using the same procedures as unsold, all valid open market sales within a neighborhood are used. Neighborhood boundaries are developed on location, economic forces, governmental and social factors. Within neighborhoods other considerations may be age, type of construction, and more.

Show All Answers

1. What is a Statement of Consideration?
2. What if I don't want everyone to know what I paid?
3. What does the assessor do with the information?
4. If I paid $86,000, why does my assessment schedule say $87,500?
5. Are all sales used in the market studies?
6. I want to pay my fair share, how can I ensure my property value is within reason?