Wednesday, April 17, 2013

PROPERTY SALES ON THE RISE FOR 2013

Within the next few days, County residents will be receiving their 2013 Assessment Schedules according to Pat Drinkle, Sweetwater County Assessor. Please take the time to look over the schedules as they will be the basis for the 2013 property taxes being mailed in September.
This year saw increases in values of residential properties within the County. The sales information collected during 2012, which is used to value residential property for tax year 2013, showed an increase in sales prices of approximately 9% overall. The total number of sales also showed an increase of approximately 18%. Commercial properties also showed some increase in values. New construction and major remodeling of existing buildings added to the total county valuation.
Industrial values will again be the largest percentage of valuation within the county, accounting for approximately 89% of the total value of the County. The gas valuation is expected to be significantly lower this year due to the drop in gas prices last year. However, coal production is anticipated to be higher and oil and trona should be up slightly also. The mineral valuation will be delivered to the County Assessor by the Department of Revenue in June.
After looking over your assessment schedule, if you have any questions or concerns about the valuation of your property, please call or stop by the Assessor’s office located in the Courthouse in Green River. Phone numbers are – Green River 872-3700 – Rock Springs 922-5200

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