City-Wide Revaluation was last completed in 2012:
The City Council approved a full municipal revaluation in 2012. The need for a revaluation stemmed from significant changes in market conditions over the previous years. The purpose of the revaluation was to establish new assessed values, based on current market conditions, for all properties in the city as of January 1st, 2012. Associated Appraisal Consultants, Inc., was retained to conduct the revaluation and act as municipal assessor for the City of Watertown. Assessment staff visited all properties in the city beginning in November 2011.
Please note for any assessments that are completed, to make accurate assessments it is necessary for the appraisers to conduct an interior and exterior review of all homes, apartments and businesses in the city. A brief interior walk-through is necessary for consideration of the features, quality, and condition of each residence or structure. These factors can significantly impact market value. In addition, the appraisers will be taking exterior photos of your property. The appraisers have no interest in your housekeeping or your personal belongings.
All staff members from Associated Appraisal will carry a letter of introduction from the city, a photo ID, and drive a red vehicle displaying the Associated Appraisal company name. If no one is home when visiting a property, a doorhanger will be placed on the main entrance with instructions on how to schedule an interior review. All courtesies and considerations shown the appraisers will be greatly appreciated.
Notices of assessment are distributed when the property reviews are complete and new assessed values are determined for each property. Property owners have an opportunity to discuss the assessed values with an Associated Appraisal representative at the Open Book session. After the Open Book session, property owners will have the opportunity to appeal an assessment to the Board of Review. The Notices of Assessment will contain the dates and times of the Open Book and Board of Review meetings.