The Village of Bayside follows a full value assessment program, which means that the Assessor attempts to keep all property values at 100 percent of market value, annually. To accomplish this, the Village Assessor inspects one-third (33%) of the 1,625 properties in the Village annually.
Included within the annual evaluation are an analysis of properties sold in the previous year, an inspection of new construction, properties that were issued a building permit in the previous year, and an area approximately representing one-third of the Village. After a thorough analysis of all sale properties Accurate Appraisal will adjust values according to style and neighborhood of the property based on 100% full market value. Accurate Appraisal anticipates beginning the 2008 fieldwork process the end of January or beginning of February 2008. In 2007, a similar amount were evaluated and the final third will be competed in 2009.
Village Assessor, Accurate Appraisal LLC., will soon be starting their second year of a three-year cycle in maintaining the Village’s full value assessment program. In general, the Assessor will be conducting field work in the area between East Fairy Chasm Road and East Brown Deer Road in the east central portion of the Village. This does not mean they will visit all homes in this area, but rather it depends on recent sales, building permits and new construction in 2007. If you have any questions or concerns, please contact Accurate Appraisal at 1-800-770-3927. Village of Bayside assessment information may be found at www.accurateassessor.com.