Nashville Assessor Wilhoit outlines property reappraisal process for 2025

The Metropolitan Council Committee on Budget and Finance convened on February 3, 2025, to discuss the upcoming property reappraisal process in Davidson County, a critical issue for local residents. Assessor of Property Vivian Wilhoit led the presentation, emphasizing the importance of fair and equitable property valuation as the county prepares for its scheduled reappraisal.

Wilhoit highlighted that the reappraisal, mandated every four years, is essential for maintaining equity in property taxes. She explained that the process is not intended to raise revenue but to ensure that property values reflect current market conditions. This year’s reappraisal will involve visual inspections of over 281,000 properties, a task that Wilhoit noted is crucial for accurate assessments.

A key point made during the meeting was the distinction between the roles of the assessor's office and the Metro Council. While the assessor's office is responsible for determining property values, the Metro Council and the mayor set the tax rates based on those values. Wilhoit reassured residents that the reappraisal process is designed to be revenue neutral, meaning that any changes in property values should not lead to an increase in overall tax revenue.

The presentation also included a historical perspective on property assessment, tracing its roots back to the 11th century in England. Wilhoit used this context to illustrate the long-standing significance of property assessors in ensuring fair taxation.

In addition to the reappraisal discussion, the committee addressed the importance of public engagement in the assessment process. Residents were encouraged to appeal their property values if they believe they are inaccurate. The assessor's office will provide resources and support for those looking to contest their assessments.

As the meeting concluded, the committee acknowledged the challenges posed by recent events, including natural disasters, which have affected property values. Wilhoit reiterated the office's commitment to transparency and fairness, inviting residents to participate actively in the reappraisal process.

This meeting marks a significant step in preparing Davidson County for the upcoming reappraisal, with implications for property owners across the region. The outcomes of this process will play a crucial role in shaping the community's financial landscape in the coming years.