Broward County Property Appraiser
The Broward property appraiser makes determinations about the value of homes and property within the county, based on a specific formula. There are some locations within Broward County, Florida which have a high property demand, thereby increasing the property value. However, some locations include areas with a high incidence of rentals, decreasing the value of properties that are not rentals.
The Broward property appraiser must review the value of each piece of property within the county, at least every five years. That does not necessarily mean that the value of a property will increase every five years. In fact, the state of the economy has led to a decrease in property values, especially in Florida which has one of the highest unemployment rates in the nation.
During the five year reviews, Broward county property appraisers can be found photographing the exterior of homes and properties. They can usually make determinations about improvements on homes, based on building permits. In fact, the Broward property appraiser may go to a home once the permit has expired, in order to document said improvements and add those improvements to the value of the property.
The Broward county property appraiser makes property value determinations on a frequent basis, in order to be fair to the county and to property owners. There are many factors which influence the value of property and most of them are outside of the property owners control. For example, the poor state of the economy has lowered property values across the nation.