I just purchased my home for less (or more) than the assessed value. Will you change my assessment to match my sale price?
No, we don’t automatically change assessments to the sale price. The reason is that a single sale does not tell us much about what the overall market might think of your house. For that information, we need to look at all of the market sales over an extended period of time.

The Wisconsin Property Assessment Manual does not allow us to adjust a single property assessment to “come into line” with a recent sale price, whether it is higher or lower than the current assessment, unless we are also adjusting all properties in the City at the same time to “come into line” with changing market conditions overall during a Revaluation.

At that time, we adjust all assessments to “catch-up” with market changes since the last Revaluation and to correct any “valuation shifts” that may have developed in the market during that time. (e.g. In some market periods, a Cape Cod home will sell for more than a Bungalow of the same size and location, but at other times this trend reverses itself, and the Bungalow will sell for more).

If your assessment changes after you have purchased it and it isn’t a revaluation year, it is because we have corrected our record as to what is in your home-not for the market when your home was purchased.

Our first obligation under the law is to split up the burden of tax between all of the property owners in a Uniform and Equitable way, where each property is asked to bear a proportional share of the total tax burden. In other words, the law requires us to ensure that similar homes have similar tax bills using the Assessment (estimated market value) as a guide.

Show All Answers

1. What does an Assessor Do?
2. What are property taxes for?
3. What do the terms on the tax bill mean?
4. What is a Revaluation?
5. What is a “valid” or Market Sale?
6. How do I know if my assessment is fair?
7. I have recently built a new home. Will cost to build my property be considered when my assessment is calculated?
8. The Estimated Fair Market Value shown on my tax bill is more than I think my house is worth, what do I do?
9. Does the location of my property influence its value?
10. If after discussing my assessment with the Assessor’s office staff I still think the assessment is not correct, what should I do?
11. What happens if you review my property after I buy it or take out a building permit; if you discover something that isn’t on your records, will my assessment increase?
12. Can my assessment change in the years between citywide revaluations?
13. Can the assessment on my property be changed even if the assessor has not been inside my property?
14. How can my assessment change when I haven't done anything to my property?
15. Will I be notified if there is a change in my assessment?
16. I just purchased my home for less (or more) than the assessed value. Will you change my assessment to match my sale price?
17. The family across the street was foreclosed on by the bank who sold their home for a lot less than the assessed value; isn't that proof my assessment should be lowered?
18. If market values do go down, doesn’t that mean our taxes should decrease along with them?
19. What if I think my assessment might not be Correct?
20. Why am I paying taxes on an assessment that's higher than my property is worth?
21. How does the assessor value property?
22. I have a refinance appraisal – Will you change my assessment to the appraiser’s value?
23. Why do assessors avoid considering foreclosure or estate sales when calculating assessments?
24. What will happen to my assessment if I improve my property?
25. Will my assessment go up if I repair my property?
26. How does my assessment affect taxes?
27. Do the market values of all properties change at the same rate and over the same time frame?
28. What happens after the Board of Review makes its decision?
29. What is the Board of Review?
30. What is the Board of Review and what evidence do I need to present during a hearing?
31. I have heard that property values have gone down dramatically all across the Country recently, how does West Allis compare?