2018 INTERIM MARKET UPDATE
Assessor's Office > 2018 Interim Market Update
2018 Interim Market Update
An interim market update was completed for 2018. For information on the type of work this entails, please refer to page 20 of the Wisconsin Department of Revenue, Property Assessment Process Guide for Municipal Officials. Click here to link to the guide.
State Statutes That Govern Property Access and Notification of Interim Market Updates:
Per state statute, 70.05(4m) A taxation district assessor may not enter upon a person's real property for purposes of conducting an assessment under this chapter more than once in each year, except that an assessor may enter upon a person's real property for purposes of conducting an assessment under this chapter more often if the property owner consents. A property owner may deny entry to an assessor if the owner has given prior notice to the assessor that the assessor may not enter the property without the property owner's permission. Each taxation district assessor shall create and maintain a database identifying all such property owners in the taxation district.
70.05(5b), each taxation district shall assess property at full value at least once in every 5-year period. Before a city, village, or town assessor conducts a revaluation of property under this paragraph, the city, village, or town shall publish a notice on its municipal Web site that a revaluation will occur and the approximate dates of the property revaluation. The notice shall also describe the authority of an assessor, under ss. 943.13 and 943.15, to enter land (select 943.13 & 943.15 to review the statutes). If a municipality does not have a Web site, it shall post the required information in at least 3 public places within the city, village, or town.