How does the County Appraiser determine market value?

Qualities of Your Home

When valuing your home, the appraiser takes into account these qualities of your home:

  • Age
  • Condition
  • Location 
  • Quality
  • Size
  • Style

Methods Used to Value Property

The appraiser then uses one or more of the following three methods to value your property:

  • The Market Approach: sales of similar property are compared to each other. The appraiser then adjusts for differences (for example, one house may have more square footage than another). This method works well for valuing homes.
  • The Cost Approach: age and what it would cost to replace your home are taken into consideration. This approach works well for new and unique properties.
  • The Income Approach: in simple terms, income from rent is used to value property. This method works well for income producing properties (for example, apartment buildings and malls).

Show All Answers

1. Why is property taxed in Kansas?
2. What does my County Appraiser do?
3. How does the county’s appraisal affect my taxes?
4. Will the value of my property change every year?
5. At what value is my home appraised for property tax purposes?
6. How does the County Appraiser determine market value?
7. Does the County Appraiser visit my property?
8. If I bought my house last year, shouldn’t the value be the same as what I paid for it a year ago?
9. When will I be notified of the value of my property?
10. What can I do if I believe the value of my home is too high?
11. What is the mill levy?
12. How do I calculate the property taxes on my home?
13. When are property tax bills sent an when should they be paid?
14. Do I qualify for a homestead property tax refund?
15. Can I have someone else protest my value for me?
16. Where can I find the current Tax Levies for my area?
17. Why is the County Appraiser's Office asking me for my income and expense information and am I required to give it to them?
18. How do I find my Assessment rate for my property?