Pennsylvania Property Owners Navigate Reassessment and Equalization Ratio Challenges

Pennsylvania is one of nine states without a state or county level reassessment requirement. With some reassessment periods being 20+ years apart, property owners are often unaware of the annual increases to market values that occur when the annual equalization ratios are set. Properties have shown increases of up to 40%, making it difficult for property owners to plan and budget accordingly.

When revaluations do occur, after notices of new value are mailed, property owners are often faced with tight deadlines of 45 days or less to dispute values either informally or formally through the county assessor appeal process. This process can be complicated, and it is important for property owners to understand their rights during the reassessment period to get a fair value and avoid costly lawsuits.

The experts at Ryan have been monitoring the Pennsylvania appeal process over the years and have extensive knowledge and experience in assisting property owners with their appeals across the state. We urge you to reach out to one of our local team members as soon as you receive your notice in the mail to prepare for the appeal deadline.