Assessors use mass appraisal techniques and market averages to estimate your market value.
Often makes simple factual, clerical, and methodology errors.
Usually uses the least reliable appraisal method – the cost approach.
They don’t know the specifics of your property such as accurate income and expenses.
Your property may have deferred capital expenditures such as roof, HVAC, plumbing, parking or environment that may lower the taxable market value of your property.