Property Tax Glossary Term:

Property Classification

The category assigned to your property determining how it's valued and taxed.

What is  

Property Classification

?

Property classification is the category your property falls into for tax purposes—residential, commercial, agricultural, industrial, or other designations. Classification affects how your property is valued, what exemptions apply, and sometimes the tax rate.

Most homeowners are classified as residential (or "single-family residential"), but classification matters if your property has mixed uses or could qualify for special treatment like agricultural valuation.

Incorrect classification can lead to wrong valuation methods, missed exemptions, or inappropriate tax treatment. Check that your classification matches your property's actual use.

Why it Matters for Your Taxes

Your property classification determines the valuation approach the county uses. Wrong classification = wrong value.

Check for these issues:

• Home classified as commercial (higher value)

• Residential land valued as commercial potential

• Agricultural property losing ag exemption improperly

• Mixed-use property classified incorrectly

Special opportunities:

• Rural property may qualify for agricultural valuation

• Wildlife management can maintain ag status

• Timber land has special provisions

If your property qualifies for a special classification, the tax savings can be substantial—often thousands per year. Review your notice to confirm correct classification.

→ Review your classification

Example

Common property classifications:

Residential:

• Single-family homes

• Condos and townhomes

• Duplexes (2-4 units often)

• Valued using residential comparable sales

Commercial:

• Retail, office, industrial

• Multi-family apartments (5+ units)

• Often valued using income approach

Agricultural (Ag Exemption):

• Land used for farming/ranching

• Valued based on agricultural productivity, not market value

• Significantly lower values than residential/commercial

Vacant Land:

• Unimproved parcels

• Valued based on highest and best use

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Frequently Asked Questions

How do I know my property's classification?

Check your Notice of Appraised Value or property record card. The classification or property type is listed, often as a code (like "A1" for residential). Your appraisal district can explain what each code means.

Can I change my property classification?

Classification changes require meeting specific criteria. For agricultural valuation, you must apply and demonstrate qualifying agricultural use. For other changes, contact your appraisal district. Improper classification can be corrected through the protest process.

What's the difference between residential and commercial valuation?

Residential properties are typically valued using comparable sales (what similar homes sold for). Commercial properties often use income approach (based on rental income potential). Commercial valuation methods can produce higher values for the same property.