Haywood County spent $211,000 to contract for a more detailed property revaluation. In government math, only $115,000 was spent because the county appraisal office has been functioning with four instead of five staff members. According to the Smoky Mountain News:
The project will more precisely hone in on characteristics that affect home values.
The analysis aims to create more distinctions between properties on a micro level.
[Haywood County Tax Collector David] Francis likes to call it “fine-tuning.” For example, while a home with a view is already valued higher than a similar home without a view, the new methodology [sic.] will adjust not just for a view but the caliber of the view.
“My idea was to drill it down even further,” Francis said.
