Posted Sep 30, 2008, 7:39 PM
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Registered User
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Join Date: Jan 2008
Posts: 627
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Quote:
Originally Posted by FairHamilton
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.
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You should win your case at the request for reconsideration stage. It won't get to appeal I'd bet.
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