The Appraisers continually view all real property in the County to evaluate the value of the improvements on land, such as houses and other attachments. If you make a substantial improvement to your home or build a new building on the land, this should be reported to the Assessor.
The Appraisers use several factors to arrive at the appraised value of real property. Personal property is chiefly appraised by a computer. For example, the make and model of a vehicle is about all of the information that the computer needs to set the appraised value.
However, with real estate, the Appraisers must consider the size of the lot or parcel of land; its location (accessibility to roads, utilities and retail businesses); its type (flat, hilly, pasture, developed, undeveloped, in or out of flood plain and so on); and whether it has improvements on it.
If the parcel has improvements, such as a dwelling house, barn or other building, the Appraisers will measure the buildings, view the type of building (constructed with wood or masonry, one or more floor levels); and evaluate the building's age and condition.
All appraisals by the Assessor's Office are appealable to the Board of Equalization and Review, which is a special function of the Lincoln County Commission and which meets on specified days during the month of February of each year.