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Property Appraisals

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Jack Pratt

Wilson County Property Assessor Jack Pratt has been a busy man this week.

The state issued notices of reappraisal on Friday, April 22 which has left some homeowners upset or confused.

Pratt said that the state-mandated reappraisal happens every five years. The last time property in Wilson County was re-evaluated was in 2011.

"Then we had appraisals come down. It has been five years, and now it is the opposite," he explained. "If you look in 2011 - we have to go by qualified sale - something that is not a foreclosure, auction or bankruptcy. In 2011 we had 1,096 qualified sales, and sales totaled just under $234 million."

Fast-forward to 2015, upon which the reappraisals are based, qualified sales were 2,756 and totaled over $656 million.

"The value nearly tripled. We have a lot of questions. If somebody hasn't put their home on the market in 12 to 18 months they will be shocked," he said. Property located closer to the greater Nashville area increased in value significantly, as well as lakefront property.

"We've gotten a lot of general questions, and folks who want to contest it," Pratt said. "We go through some of the basics and look for a way to help the folks - but most of those who want to contest will make an appointment to go before the Board of Equalization."

Pratt will be taking informal appeals until Friday, May 6. Those who wish to make an appointment with the Board of Equalization must do so by May 31.

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