Are Property Estimated Market Valuation increases limited to 15%?
No. There is not a limit on how much an Estimated Market Value of a property can increase or decrease. There used to be program that restricted how much the Limited Market Value (LMV) or Taxable Market Value (TMV) could increase from the previous year. That program sunset for taxes payable in 2010.

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1. I haven’t changed anything, why do you have to come in my house?
2. My permit was already closed, why do you need to look at my property again?
3. What if I don’t let the assessor inside my house?
4. Are Property Estimated Market Valuation increases limited to 15%?
5. Can my Estimated Market Value change even if the assessor has not been inside my property?
6. Does the Estimated Market Value increase at the same rate on all properties?
7. How are my Real Estate taxes determined?
8. How can I judge the accuracy and fairness of my value and classification?
9. How do I get my land surveyed?
10. How is market value estimated?
11. What can I do if I think the Estimated Market Value is too high?
12. What factors affect my property taxes?
13. What is a Property Identification Number (PIN)?
14. How can I tell what city or township my property is in from my PIN?
15. What is Classification?
16. What is Estimated Market Value (EMV)?
17. What is the responsibility of the Assessor in the property tax system?
18. What will happen to my Estimated Market Value if I improve my property?
19. Where is the Assessor's Office?
20. Who determines my property tax?
21. How do I apply for the Homestead classification?
22. Who qualifies for homestead?
23. Why does the Assessor's office exist?
24. Why has my value gone up?
25. Why is the tax amount for the current year on my tax statement different than what was shown on the Notice of Proposed Taxes that I received in November?
26. Will my Estimated Market Value go up if I repair my property?
27. How do I change my mailing address in the property tax records?
28. What type of payment do you accept?
29. How do I find lot sizes/dimensions?
30. What hours are you open?
31. I have an escrow account. Why do I get the tax statement?
32. Why isn’t my name showing on the present tax statement?
33. Who owns a property?
34. How do I get a copy of my property tax statement?