How are the changes in the value of my property determined?
The Assessor is required by state law to value property at 100 percent of current market value as determined by sales of comparable property (7-36-15 NMSA 1978).

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1. How are the changes in the value of my property determined?
2. How much property tax will I have to pay?
3. I am new to New Mexico and have purchased a home. Do I have to pay property taxes in New Mexico?
4. I recently moved. Who should be notified of my change in address?
5. What are the property tax rates in New Mexico?
6. What does property valuation mean?
7. What is the Notice of Valuation?
8. What are other dates regarding my property valuation?
9. When is the Notice of Value mailed?