Why did my improved value increase on my assessment if I did not build anything or do any improvements to my home?

Your assessed value is comprised of two parts, land value and improvement value. The land value refers to the value of the land, and the improvement value refers to an improvements or structures on the property such as a house or a shed. So an increase in your improvement value often means market conditions have indicated those improvements, such as your house, are now worth more.

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1. Who is the Village's Assessor?
2. How does the Village do assessments for property within the Village?
3. Does an increase in my assessed value mean my taxes will increase?
4. Does the Village get to impose more taxes if my assessed value increases?
5. Does the Village have to notify me if they change my assessment?
6. I received a sales questionnaire from Accurate Appraisal. Is this legitimate?
7. Is there any way to know how much my tax bill increased due to a referendum?
8. What should I do to make sure I understand my assessment and that it is correct?
9. Why did my improved value increase on my assessment if I did not build anything or do any improvements to my home?