How often is property assessment conducted?

Property assessments in King County are conducted annually. The Assessor's Office follows a systematic approach to evaluate each property's value based on research, market data, and other relevant factors. The valuation process involves gathering and analyzing information on recent sales, property characteristics, and market trends. It ensures that property values accurately reflect the prevailing market conditions. The annual assessment cycle allows for adjustments and improvements to the assessments, capturing any changes that occurred during the previous year. This frequent assessment process promotes fairness and equity among property owners. It also enables the Assessor's Office to maintain up-to-date records of property values, providing residents with reliable information for taxation purposes.