Spanky
Thinks s/he gets paid by the post
Just received the assessed property value from the county. It says that my house has gone up in value by 10%. They must be kidding!
just watch, if they lower the value they almost surely will raise the tax rate
Exactly. As long as the assessed values are similar to similar properties in the town, then there is no problem whether they are ALL assessed high or ALL assessed low.
just watch, if they lower the value they almost surely will raise the tax rate
They can't raise the tax rate on an individual, but they can lower an individuals assessment. If assessment was from last year and a current comp shows the value should be lower, I say go for it. Even if you save just save a few dollars, it could save you x dollars every year as long as you own the home if you have assessment caps like we do. Even though I missed the deadline to appeal, I am going through the exercise to better prepare myself for next time. In our area, they use a 'worksheet' that has similar homes that sold in our area which are based on recorded data at the taxation dept. Guess what...thier data is full of errors for things like sq ft, # beds, #baths, etc. I have ordered a copy of the worksheet used to assess my home to see if I can find anything to base an appeal on.just watch, if they lower the value they almost surely will raise the tax rate
that's what I meant about appeasing the masses....you're right, forget the appeal and just pay the damn taxIt's no doubt that they will.
So what? That's the way it always works. The folks who prepare a successful protest will end up paying lower taxes. A couple years ago we successfully protested an assessment increase with data from actual sales of comps. In doing our research, we could see which households were on the ball with protests (lower assessments) and which were not (the higher assessments). Over years, the wimps end up paying higher taxes and believe their homes are valued more than their neighbors.It is apparent that the assessed values in the neighborhood have all been raised by about the same percentage.