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Beulah homes to be reassessed in June

6/03/10 (Thu)

Over the next few weeks, residents of Beulah can expect a few visitors.

The city is doing a reassessment of all the properties within city limits, city planner John Phillips said. Assessors from Vanguard Appraisals, Inc. will start visiting residences on Monday, June 14. The purpose of the reassessment is to bring the assessed values of properties, which are the basis of property taxes, into balance with prices being paid in the current housing market in Beulah.

The value of homes in the area has risen dramatically over the past few years, Phillips said. The reassessment will address those changes and create a better balance of taxable value between newer and older homes, as well as homes that have been extensively updated.