Why should I be penalized for somebody else paying a high price for a home in my neighborhood?
It isn’t a penalty. Although it does occur, few people will pay more for something than it is worth. Therefore if a number of homes similar to yours are selling for more based on the price paid by newcomers to you neighborhood, it increases the marketability and market value of your property should you decide to sell.

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1. I just purchased my property, why have you valued it for more than I paid for it?
2. How can my property be worth more if I haven’t done anything to it?
3. Why should I be penalized for somebody else paying a high price for a home in my neighborhood?
4. I have an older home in an area where they are building new homes. How will this affect my property value?
5. If you didn’t increase my market value, why did my taxes increase?
6. Do you visit each home in the county?
7. What if I think the value placed on my property is wrong?
8. How can my property increase in value if it is getting older?
9. Will my value increase every year?