The value of your house depends on who is looking.
Your house;
What a buyer sees;
What the bank loan officer sees;
What the insurance claims adjuster sees;
What the property tax assessor sees;
All a point of view
Started by
Dave Crevie
, Jun 03 2025 01:16 PM
2 replies to this topic
#2
mreibman
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Posted 03 June 2025 - 03:45 PM
I am SURE that you are understating what the tax assessor sees.....
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Mike Reibman
Alleged amateur racer.
Mostly just play with lots of cars.
Able to maintain slot cars with a single bound.
Faster than a speeding Womp.
More powerful than a 36D.
Alleged amateur racer.
Mostly just play with lots of cars.
Able to maintain slot cars with a single bound.
Faster than a speeding Womp.
More powerful than a 36D.
#3
Dave Crevie
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Posted 04 June 2025 - 09:07 AM
Well, they have to get money to pay for all the downtown improvement projects somehow. My neighbor and I have the only 2 houses in the neighborhood with property taxes under ten grand. But that changes next year when the two referendums take effect. They will raise the property tax 40%. To the millionaires in the area, that is pocket change. To Jerry and I, who are the only retirees left, that is a lot of money. For the house across the street, that just sold last month, that will be $32,200. I don't know what the new people are worth, but the ones that moved out, ( really nice people, by the way ), claimed to have total assets of about 25 million. ( he deals in commercial real estate. )
