What Is Assessment Ratio?

Definition
The ratio of a property's assessed (or appraised) value to its actual market value, expressed as a percentage. An assessment ratio above 100% means the district values your home higher than what it would sell for; below 100% means the district's value is conservative.

Why This Matters for Your Protest

Your assessment ratio tells you at a glance whether your property is over- or under-valued by the district. If your ratio is significantly above 100%, or above the median ratio for your neighborhood, you likely have a strong protest case. Comparing your ratio to the neighborhood median is a quick way to identify unequal appraisal opportunities.

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