What if I do not agree with the vessel value?

You may contact the Assessor’s Office to discuss the value. When making a written request for an informal review, please note that if the value was the result of an estimated assessment made by the Assessor for failure to file a property statement by May 7, you will need to complete and return a Vessel Property Statement (PDF) with your request for an informal review.

When writing to request an informal review, please provide the following in support of your opinion of value:

  • Comparable sales of vessels that have sold close to January 1st, sales occurring after March 31st may not be considered
  • Photos and estimates to repair (if condition considerably affects the value)
  • The exact year, make, and model (if not previously provided)
  • Documentation showing the insured value as of January 1st
  • An appraisal for the vessel
  • Any additional documentation that would support your opinion of value

Show All Answers

1. How is the value determined?
2. Why is the average retail value, as listed in the price guides for January 1, different from the assessed value?
3. Why did my vessel value go up/down from last year?
4. What if I do not agree with the vessel value?
5. What if I still do not agree with the vessel value after an Assessor’s Informal Review?