2023 City of St Louis Reassessment News

After thorough review, the Assessor's Office has completed its 2023 reassessment.

May 4, 2023 | 2 min reading time

It is the duty of the Assessor's Office to assess all City property fairly and accurately. Under Missouri law, the City Assessor's Office is required to conduct reappraisals every odd-numbered year for all real property within St. Louis City limits. The state constitution requires the value placed on the property reflects fair market value.

After thorough review, the Assessor's Office has completed its 2023 reassessment. "Based on recent sale prices, most homes in the City are worth up to ten percent more than they were since our last reassessment in 2021, and some are even higher" City Assessor Michael Dauphin said. "That means for most homeowners, if you were to sell your home today, it would be worth more that it was two years ago."

According to Dauphin, "the commercial market has been a little more challenging since the last reassessment; however, the overall increase for commercial properties is about 4%."

"The City has around 135,000 real estate parcels and we are committed to making sure each parcel is valued in line with the market," Dauphin said. The Assessor's Office uses a mass appraisal system to value real estate and then compares the results with recent real estate sales.

"If you see any inaccuracies in our assessment, please contact us. We welcome all appeals and want to get your property's value right," Dauphin said. "If you do not agree with the value placed on your property, you have the right to appeal." For more information on the appeals process visit Property Assessment Appeals.

State law requires assessors to notify all property owners of any increase in property values. The notices also provide an estimate of the taxes that will result from the change in assessed value and expected change in tax rates.

Any citizen may access their assessment information on the City's website by searching their address or parcel number.

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