07-17-2009, 05:10 AM
Our assessment after our appeal is 25% more than we paid for it 4 months ago and 15% higher than the professional appraisal we had done, which the county appraiser discounted as biased because it was done for our lender. That is completely backward thinking because you actually want your appraisal for your lender to be as high as possible.
He used a replacement cost of $138 per square foot to justify not dropping our house to something closer to real market value. The fact that our house is nineteen years old, has never been updated or remodeled and used middle grade finishes when built doesn't matter. According to the appraiser for the county since most houses sold in HPP had expensive finishes like tile and bamboo floors and granite counters our house should be valued the same way. The board's attitude was that we got a good deal on the house and so shouldn't mind paying extra tax on value our house doesn't actually have.
Carol
He used a replacement cost of $138 per square foot to justify not dropping our house to something closer to real market value. The fact that our house is nineteen years old, has never been updated or remodeled and used middle grade finishes when built doesn't matter. According to the appraiser for the county since most houses sold in HPP had expensive finishes like tile and bamboo floors and granite counters our house should be valued the same way. The board's attitude was that we got a good deal on the house and so shouldn't mind paying extra tax on value our house doesn't actually have.
Carol
Carol
Every time you feel yourself getting pulled into other people's nonsense, repeat these words: Not my circus, not my monkeys.
Polish Proverb
Every time you feel yourself getting pulled into other people's nonsense, repeat these words: Not my circus, not my monkeys.
Polish Proverb