A warning is going out to homeowners in Muskingum County.
Some property owners received a letter in the mail from a Cleveland company claiming their property value is incorrect and that they're paying too much in taxes. The county auditor said that reappraisals were just completed in October and November.
"That's the reason we go through a reappraisal once every six years," explained Muskingum County Auditor Debra Nye. "It's required by state statute by Ohio law...
Next tax season property owners in Muskingum County could see changes to their taxes.
Muskingum County is currently finishing an appraising process that's taken two years to complete. According to Ohio Revised Code property reappraisals must take place every six years. The Muskingum County Auditor said that there are over 68,000 parcels within the county and each one must be reviewed.
"They are going to look at location, they are going to see if there has been in additions...
If you're looking to cash in on the value of your home, the Muskingum County Auditor may have the answer for you.
County Auditor Debra Nye says the county is required by state statute to re-appraise property values in every Ohio county once every six years. She says efforts are already underway in assessing all of Muskingum County's properties which is expected to take around 18 months. Nye says the first step is to review properties through aerial photographs taken.
"So we...
With property values taking a major dive in the housing market, experts say you may actually be able to cash in on the decline of your home's appraised value.
According to Muskingum County Auditor Debra Nye, as your home's value decreases, your property taxes could go down putting more money in your pocket.
"We have a review process. Our appraisers go out and review that particular parcel. And then if they are satisfied with the review that we have done, then we make any...
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