I just bought a house from my brother. Will I be assessed on the price I paid?
Not necessarily. Real property is valued at its current market value at the time it changes ownership. In a majority of cases, the sales price equals market value, but not always.

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1. Why has my assessed value increased by more than 2%?
2. If I do not agree with the assessed value what should I do?
3. My assessment notice lists Taxable Value and Factored Base Year Value, what value are my upcoming taxes based on?
4. I plan to add another room on my home. Will you reappraise my entire property?
5. I added a bedroom and did the work myself. Will I only be assessed on the cost of the materials?
6. I just bought a house from my brother. Will I be assessed on the price I paid?
7. If I get married and add my spouse as Joint Tenant on the deed to my property, will my property be reappraised?
8. If I sell my boat after January 1st, am I responsible for the taxes for the next fiscal year?