Monday November 30th, 2015 3:04AM

Hall Co. embarks on valuation project for lake properties

By Staff
GAINESVILLE - Several years have passed since Hall County last conducted a comprehensive review of all of the county's lakefront properties, and the Hall County Tax Assessors Office says it is past time to get a better picture of the value of those properties.

Hall County's Chief Appraiser Steve Watson acknowledges that the sale prices of lakefront property exceed county-appraised values in most cases, despite the recent economic downturn. Plus, he said the real estate market is improving in Hall County, and that means the disparity is even great.

"Equalization is nothing new. We're constantly analyzing and updating property values, however, this project is extremely large and complex," said Watson.

As part of the real estate equalization project, Watson said a qualified vendor - GMASS - has been hired to assist staff with the lakefront property reappraisals.

"The involvement of GMASS will make this process more accurate and more efficient due to the complexities of this resource-intensive task," Watson said. "They give us the best chance to succeed."

Watson explained that the project is resource-intensive due to the scope of work needed to assess the approximately 6,500 lakefront parcels in Hall County.

"We could do the project in-house but not without neglecting other very important and necessary equalization projects and day-to-day operations," he said. "GMASS gives us the ability to conduct our normal day-to-day business involving the other roughly 70,000 parcels that aren't located on the lake and still get this very important project done at the same time."

Watson said lakefront property owners may notice a contractor or a member of the Hall County Tax Assessors Office inspecting their property in coming months as a part of this process. The inspections will not take place inside homes and the appraisers' cars will be clearly marked. In addition, if a resident is not home at the time of the inspection, a sign will be left on the front door of the home to inform the resident that an appraiser has visited the property to verify and/or update Hall County's appraisal records.

Watson said the goal of the project is to equally disburse the property tax burden by making sure that all properties in Hall County are assessed at fair market value.

The project is expected to be completed by May 2014 when next year's property assessment notices are mailed.

Taxpayers with questions or concerns may contact:
Susan Taylor, Appraisal Manager/Project Manager 770.531.6755
Steve Watson, Director/Chief Appraiser 770.531.6733

© Copyright 2015
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Missing Ga. bank director arrested in Brunswick
A bank director accused of losing millions of investors' dollars before vanishing last year was arrested Tuesday during a traffic stop in a city in south Georgia.
7:00PM ( 1 year ago )
S&P 500 index has its best year since 1997
The stock market closed out a record year with more all-time highs on Tuesday, giving U.S. indexes their biggest annual gains in almost two decades.
6:56PM ( 1 year ago )
Colorado readies for 'Green Wednesday' pot sales
Police were adding extra patrols around pot shops in eight Colorado towns that plan to allow recreational sales to anyone over 21 on Jan. 1.
1:52PM ( 1 year ago )
Business News
Sex offender held in Hall County for failing to register
A 47-year-old man was booked into the Hall County Jail Tuesday, being held without bond for allegedly failing to register as a sex offender, his second such arrest.
6:09PM ( 1 year ago )
Pharmacy robberies may involve same suspect
Oakwood Police Tuesday afternoon released details in a pharmacy robbery they're investigating, similar to one that happened in the Hall County Tuesday morning.
5:46PM ( 1 year ago )
Victim critical following apartment fire
A 41-year-old woman was in critical but stable condition Tuesday after being rescued from an apartment fire in Forsyth County late Monday afternoon.
3:16PM ( 1 year ago )
Local/State News
Georgia's Richt stepping down following 'mutual' decision
Mark Richt stepped down as Georgia's coach Sunday, leaving stunned players with one final bowl game with the man who ranks second in wins in school history.
By The Associated Press
7:35AM ( 4 hours from now )
Cooperative weather, flights aid so-far smooth post-Thanksgiving travel efforts
NEW YORK (AP) — Tens of millions of Americans returning home after the long Thanksgiving holiday weekend Sunday had cooperative weather and mostly efficient airport operations to thank for smooth trav...
1:43AM ( 1 hour ago )
Falcons' slump deepens in 20-10 loss to Vikings
Matt Ryan heard some of the loudest boos of his career after another Falcons loss...
8:13PM ( 6 hours ago )
Newspaper investigation: Campaign reports full of errors
Campaign finance reports filed by state and local officials in Georgia are often riddled with mistakes and discrepancies, with some leaving tens of thousands of dollars in campaign cash apparently unaccounted for, an Atlanta newspaper investigation shows.
By The Associated Press
3:21PM ( 11 hours ago )
Hall Co Fire Services hosting bicycle helmet fitting and giveaway event
Hall County Fire Services will be sponsoring a free bike helmet giveaway on Monday.
By Russell Brown
11:54AM ( 15 hours ago )