The property value freeze program enables certain people to "freeze" the assessed value of their homes at the January 1, 2019 value. In other words, if your home in Lafayette Parish was valued at $100,000 as of January 1, 2019, the value of your home will be frozen until the home is sold or remodeled. In the event the property is sold, the special assessment level shall terminate on the last day of December in the year prior to the year the property sold. Values are subject to review before granting freeze.
www.lafayetteassessor.com/Home/Topics or 337-291-7080
Big 102.1 Community Update
Home Value Freeze