Hi All,
Got got my notice of assessment for my new place that I am building, and was pretty shocked.
Last year they had it assessed at just about $800k in the state it was in. The state hasn't changed much honestly, and almost none at all from the exterior, yet this year's assessment on my acreage went up to 1.5 mil.....which I think is bullshit. I have about $600k of funds into the property, not counting the land (paid $330 for land)...so it's nowhere near 1.5 mil realistically, not until it's done at least. At the moment it's just a glorified shed without heat even.
Anyone ever challenge an assessment, and have any ideas of what they look for and how it works?