The assessment level at 30% suggests that the property value must be what?

The assessment level at 30% indicates that properties are valued for tax purposes at only 30% of their market value, which may suggest that the property is not being fully assessed based on its actual worth in the market. Therefore, if an assessment level is at 30%, it implies that to be fully assessed, the property should be valued at a higher percentage of its market value, realistically around the standard of 100%.

This means that if the assessment level is significantly lower than the market value, it represents an under-assessed situation rather than a fully assessed one. Therefore, the idea of being fully assessed becomes critical in understanding how property assessments relate to market values.

The other options do not align with the understanding that a property assessed at 30% is significantly below the expected level of 100%. A property that is consistently assessed would imply stability at a level closer to accurate market value, and being over-assessed would indicate the property is valued higher than its market worth, which does not correspond with an assessment level of just 30%.