City of Franklin 2013 Revaluation Project

The City of Franklin has contracted with Tyler Technologies in order to complete a full revaluation for 2013. Tyler is the nation’s oldest and largest mass appraisal firm and has worked for the City of Franklin since the early 1990’s. They also serve as the City Assessor. 

The last City-wide revaluation occurred in 2010. At that time, properties that sold in 2008 and 2009 were used to establish the assessed values. Property owners that have not made changes to their property via a building permit or had a change due to an assessment appeal continue to have an assessment based off of the 2008 and 2009 sales. Since 2010 there have been many changes that have occurred in the marketplace. As a result of those changes, the average property in the City in 2012 was assessed at approximately 104% of the market value. The goal of the 2013 revaluation is to bring properties in line with current market conditions.  

Members of Tyler’s staff will be completing the final phases of the valuation process in June. Unlike prior City-wide revaluations, the 2013 revaluation will not include a full curb-side review. Members of Tyler staff will be conducting an in-office analysis of all properties, based on sales that occurred during 2011 and 2012. 

Property owners will receive a Notice of Assessment in July. The value on the Notice of Assessment should represent the current market value of each property as of January 1, 2013 and will include instructions on how to contact the Assessor’s Office should you disagree with the proposed value, or have any questions regarding the process.  

Some properties may be visited for an interior or exterior inspection due to the issuance of a building permit or to verify certain property information. Tyler staff will always have official City of Franklin photo identification cards and their vehicles will be registered with the Police Department and at City Hall. 

Should you have any questions on the identification of a member of Tyler staff, please contact the Assessor’s Office at 414-425-1416.