Do all assessments change at the same rate?

There are differences between individual properties and between neighborhoods. In one area of the city, property values may increase at a greater rate than another. Likewise, ranch style homes may change at a different rate than colonial style homes or old style homes. It is important to note that the percentage of change in value is not the measure of accuracy of an assessment. The measure of accuracy is whether or not a particular home could be sold for 2022 assessed value.