What Counts as “New Construction”?
“New construction” includes:
- New buildings or structures
- Additions to existing structures (such as new rooms or expanded floor area)
- Physical alterations that convert a property to a different use
Routine maintenance, cosmetic updates, and normal repairs—such as painting, replacing a roof with similar materials, or swapping out broken fixtures—are not considered assessable new construction. However, major remodels or improvements that substantially extend the property’s useful life or add new components that were not part of the property at the time of acquisition are considered assessable new construction.
How New Construction Is Assessed
Only the value of the new construction itself is assessed at current market value. The assessment of the existing structure and land remains at its prior factored base-year value.
The Assessor determines:
- What work was done
- Whether it qualifies as assessable new construction
- The market value of the new construction
When Is New Construction Considered “Complete”?
New construction is typically considered complete when:
- The building permit is finalized, or
- The work is ready for its intended use, even if permits are still open
If you occupy or use the improvement before final inspection, the “date of completion” may be the date of first use.
Partial Assessments
If construction spans more than one year, the Assessor must issue a partial assessment based on the stage of completion as of January 1, the state’s annual lien date. Partial assessments do not generate separate tax bills; instead, the value is incorporated into the annual property tax bill.
Supplemental Assessments
When new construction is completed, the Assessor issues a supplemental assessment that reflects the difference between:
- The property’s value before completion, and
- The value on the date the new construction is finished
This results in an additional tax bill (or, in rare cases, a refund).
Discovery of New Construction
Building permits are a major source of information for the Assessor. If you complete work without a permit, or if the scope of work differs from what was permitted, the Assessor is still required to assess any qualifying new construction.
Owner-Builders
Owner-Builders can save money on construction by doing the work themselves, however, the assessment must include the full market value of the construction and includes required components such as labor, profit, supervision and financing which would not typically be found in the construction costs of an owner-builder.
How to Help Ensure an Accurate Assessment
- Provide detailed information when requested by the Assessor’s Office
- Respond promptly to property-specific questionnaires or site-inspection requests
Notify the Assessor if construction is delayed, phased, or different from what is shown on permits.