The valuation date and the condition date are important for the WOZ value

The valuation date refers to the value of the property. The condition date refers to the condition of the property.  We use January 1 of the year preceding the tax year as the reference date, unless something about the property has changed.

Did anything change with your property last year?

In that case, the valuation date and the condition date are the same: January 1 of the year preceding the tax year.

Was your property completed, renovated, or (partially) demolished last year? 

In that case, we’ll assess the condition of the property as of January 1 of the tax year. This is the condition date. The valuation date remains January 1 of the year preceding the tax year.