Why is reassessment necessary?
Under Missouri’s Constitution, all assessments for property tax purposes must be based upon market value and be uniform within the same class or subclass of property.

Over time, the value of property may change, depending upon its nature, location, and other factors. Some values change more rapidly than others. Reassessment is the only way to be sure that the taxpayer is being taxed fairly, and is taxed the same as other comparable property.

Show All Answers

1. What are assessment and reassessment?
2. How often is property reassessed?
3. What happens in the even year?
4. Is all property taxed?
5. Why is reassessment necessary?
6. Who is responsible for reassessing property?
7. What are the Assessor's qualifications?
8. What is market value?
9. How is my assessment level established?
10. How are the real estate classifications determined?
11. How does the assessor value my real property?
12. Will all property values change due to reassessment?
13. How does reassessment affect my taxes?
14. Will I be notified if there is an increase in my assessment?
15. What if I disagree with my assessment?
16. If no improvements have been made to my property, why should the assessed value increase?
17. What if I disagree with my assessment?