Asotin County is on a 6-year revaluation cycle. This means that all property must be revalued at least every four years. Revaluation can be done more frequent if circumstances warrant. Pursuant to a law passed by the state legislature in 2009, a change to annual revaluation by all counties must begin by not later than January 1, 2014. Thereafter, all property in all counties in Washington State will be appraised annually to reflect current market value.
This will result in smaller increases in assessed value than Asotin County property owners have experienced in the past with the 6-year revaluation cycle. It will also allow us to adjust property values downward if there is a change in the market, instead of the value being "fixed" for a 6-year period.