View Single Post
  #31  
Old Posted Sep 30, 2008, 7:39 PM
oldcoote's Avatar
oldcoote oldcoote is offline
Registered User
 
Join Date: Jan 2008
Posts: 627
Quote:
Originally Posted by FairHamilton View Post
My bottom line would be that I paid $27K less then the assessed value within 6 weeks of the assessment date. The house was on the market for 5 months, so the 'market' had more then enough time to put a fair value on the home and that fair value is what I paid, $170K.

I know they base the assessment value on many variables, but I can't understand how my home on the same, or slightly smaller, lot size and classified as a single family home is assessed at a greater value then neighbouring houses classed as 3 unit homes (when some are actually 4). One of the key items in establishing an assessed value are features of the home, i.e. number of bathrooms, number of kitchens, etc. I can guarantee you the number of bathrooms and kitchens in a 3 unit (or 4 unit) home out number the ones in my home............

It might be worth the $75 if for no other reason to get visibility into the process.
You should win your case at the request for reconsideration stage. It won't get to appeal I'd bet.
Reply With Quote