Ste Genevieve, MO - Real Estate
Reassessment occurs every two years in the odd numbered year, as required by state law. All assessments on real property are based on a date of January 1, of the odd year. During the even numbered years, the only thing that can cause a change in the assessed valuation of real property is new construction or demolition.
How is a Property Reassessed?
The Assessor’s Office has field appraisers that visually inspect every property and parcel within the county. Their job consists of measuring the square footage of any improvements that have been constructed from the previous year, and they also determine any depreciation changes that need to be made to all structures on the property or parcel.