Market Area Map

Douglas County Scope of Work 2017

UNO Single-Family Housing Study, 2017

(with permission of Steven Schultz, UNO author)

Lincoln Journal Star article 2/11/17
(with permission of Lincoln Journal Star, March 2017)

Level of Value Explanation 
(Co.Bd. Presentation 2/7/17)

2015 Cap Rate Study
 

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  • Each property record now has a link to the property's recent Real Estate Transfer Statements (521s)
     
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Appraisals

Residential Appraisers

Appraisers in the Douglas County Assessor/Register of Deeds' office are assigned neighborhoods and communities throughout Douglas County to inspect properties, measure and photograph houses, maintain current and accurate information about parcels and set assessed values on those parcels.

Appraisers use professional mass-appraisal methods and standards to arrive at valuations, which are established for the assessment date of January 1 each year.

The most common reason for home values to change is a market adjustment, reflecting the value of similar properties sold in the real estate market. Other reasons a particular property might increase or decrease in value could include the addition of new improvements, a remodeling or rehabilitation of an existing structure, destruction or removal of a structure, positive or adverse neighborhood influences on the property, or an order for valuation increases mandated by state government

The Douglas County Assessor/Register of Deeds revalues residential property on a neighborhood-by-neighborhood basis, comparing similar properties to one another and to like properties that have sold in the current real estate market. The objective is fair, accurate and equalized assessment, to ensure that no one property owner is asked to pay more than his/her fair share in property taxes.

Commercial Appraisers

Commercial appraisers in the Douglas County Assessor/Register of Deeds' office are assigned business property structure types throughout Douglas County to inspect properties, maintain current and accurate information about parcels and set assessed values on those parcels.

Appraisers use professional mass-appraisal methods and standards to arrive at valuations, which are established for the assessment date of January 1 each year.

While our residential appraisers are assigned specific neighborhoods, our commercial appraisers divide their responsibilities based on the submarkets of commercial property. For example, one appraiser is responsible for all apartment complexes, while another focuses on office buildings. Commercial appraisal also differs from residential valuation because our commercial appraisers also consider income and expense data in the appraisal process.