County Assessor: Expect Ratings to Rise | News, Sports, Jobs


Blaze Wurr, the Marshall County Assessor, said in a recent interview that he expects the county’s home valuations to increase by an average of about 18 or 19 percent once the current round of appraisals is complete.

Valuation, in turn, affects tax rates and the potential resale value of any home, especially since the real estate market has seen house prices skyrocket in the past year or so. Because the Assessor’s Office isn’t involved with taxation, Wurr said it’s hard to predict how it might be affected, but he said current tax rates could be used to help individuals estimate their taxes before they become due.

He also encouraged those interested in tax rates by various public entities — city, county, and school districts, to name a few — to attend their budget hearings and follow their public service announcements, as they appear in local newspapers as well as be published online.

On the commercial real estate side, Wurr expects valuations to rise by 16 to 17 percent.

“We’ve kind of been consistently low on ads, so we’re trying to fix and improve all of those,” he said. “The code says we have to operate at a market value of 95 to 105 and if we’re not in that range and we don’t make those raises ourselves, the state will do what’s called an offset (where) the state will actually offset us by 200 percent up or 200 percent down depending on where we are on the range.

Estimated valuations are determined based on a variety of factors, including land values, measurements and square footage, quality of building materials, general conditions, and specific features such as finished basements, porches, decks, fireplaces, and bathrooms. Of course, the real estate market also plays a major role, especially with the fluctuations of recent years.

“The more we have this accurate data, the better it will help in assessment processes,” Wurr said. “The estimated values ​​are based on the market. We always react to the market. We are not proactive. We always react.”

Failure to update all of the information with the appraiser’s office, he added, can cause major problems for homeowners seeking insurance payment for something like storm damage, which has been common in Marshall County in recent years.

“I just wanted to get that out there too, because that’s starting to become something that you see more with all the storms that we’ve had,” Wurr said.

While estimated valuation and taxation typically occurs in what Wurr calls an “18-month cycle” — property owners pay taxes in 2021, the auditor’s and clerk’s office is in 2022, and the appraiser’s office in fiscal 2023 — it helps to be one step ahead and know in which direction trends could develop.

Rural residential real estate, he concluded, is likely to experience the biggest jump in value, having historically been “undervalued,” according to Wurr.


Contact Robert Maharry

at 641-753-6611 ext. 255 or

[email protected]

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