What is a comparative market analysis (CMA)?

Tax Code Section 23.01 requires appraisal districts to appraise taxable property at market value as of Jan. 1. Jan 9, 2013 ... The assessor determines the market value of the property. For real property, the market value is determined as of January 1 of the odd numbered years. It may change as much as the current market changes. Assessed Value (“Homestead Cap Value”). Per the Texas Property Tax Code, an exemption for taxation is ... The assessor values real property using one or more of the following appraisal methods: • Market or sales comparison approach to value is determined, or ... What Are My Rights as a Taxpayer? Publication 561 - Additional Material ... The purchase or sale took place close to the valuation date in an open market,. Mar 17, 2022 ... The 'fair market value' is how much your home would sell for in a normal market and under ideal circumstances, with both the buyer and seller ... Similarly, a homeowner might use the calculator's home value estimate to gauge the current market value of their property. How much is my home worth? For ... ... market value of each property. Assessment. Show All Answers. 1. How do market ... What percentage of market value is my home assessed at? The Assessor ... Mar 27, 2024 ... How does the assessor determine my home's Fair Market Value for assessment purposes? · The recent sale prices of similar properties. · The ... 7. Can my estimated market value change even if the assessor has not been inside my property?