Property Valuation
For Wyoming property tax assessment purposes, the county assessor determines:
AMarket value only
BAssessed value, which may be a percentage of market value based on property class✓ Correct
CAppraised value as determined by a licensed appraiser
DReplacement cost minus depreciation
Explanation
Wyoming county assessors determine assessed value for property tax purposes. Assessed value may be set at a percentage of market value (assessment ratio) depending on property class.
Related Wyoming Property Valuation Questions
- A Wyoming appraiser notes that a residence is 'over-improved' for its neighborhood. This represents:
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