02-07-2011, 02:25 AM
Best thing to do w/ tax assessment is to have good comps and be prepared to explain your side of the issue like any negative influences on your property. In my personal case in Denver at $1500 per year it seems like a bargain. My assessed value has always been way below resonable market value so I don't bother fighting it (too much brain damage). Some places like New York state have chased away allot of residents w/ inflated income and property tax where as the Hilo/Puna districts would be crazy to jack things up too high w/ the realestate market still waivering.