Sunday, February 14, 2010

Property Tax Assessment

Our City property tax assessment for 2010 arrived in the mail yesterday, it was quite a surprise.

From 2006 (when we bought the house) to 2009, our "fair market" value dropped by about $24,000. From 2009 to 2010, the fair market value dropped another $34,000. In a little less than four year's time, we have lost nearly $60k in home value, plus the nearly $30k in improvements we made made since moving in.

And it's even more frustrating to see what we could buy now for the amount we paid only a few years ago...

1 comment:

  1. First of all you have to evaluate your current property value. If you found

    that it is lesser then your assessments value then you should appeal .Lot of people do not fight either they don't know that it is beneficial or they think that it is time and money consuming. But it is not difficult nor money consuming but it is money saving ..... It will take a little time but if you don't have time then you can hire an expert who will take care of you case...

    You explained the topic very well. The contents has provided meaningful information thanks for sharing info

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