56 - It's Assessment Time! with City of Waukesha Assessor Sam Walker

📄 Episode Description:

 In this episode of Wisconsin Real Estate Today, we’re joined by Sam Walker, City Assessor for Waukesha, to demystify the property assessment process and give homeowners and business owners the clarity they deserve.

We break down:

• What a property assessment is and how it’s calculated
• The differences between residential and commercial assessments
• What happens during the Open Book period—and how to formally raise concerns
• The difference between an assessment and an appraisal
• Why assessments aim to reflect real market value
• And why a change in assessed value doesn’t automatically mean your taxes are changing

Whether you're a first-time homeowner, longtime resident, or local business owner, this episode will help you understand how Waukesha determines property values—and what you can do if something doesn’t seem right.

📍 Location: Waukesha, Wisconsin
📅 Released: April 24, 2025
🎙 Hosted by John Gscheidmeier