2015 Property Tax Assessment

[jdmXSI]

Originally posted by Kloubek


I believe that would only happen if you ask for a reassessment. Otherwise, I don't think they consider improvements.

I sure hope thats the case but I have a feeling once its all done we will see a massive sell off of units because the special assessment (for the exterior) was keeping the value down due the size of the project. If that were to happen, wouldn't that drive the prices up?

[Kloubek]

I'd say a large special assessment keeps many buyers at bay. Nobody wants to deal with that, and it needs to be disclosed and factored into any prices. As far as *assessed* value, I don't think it really has a bearing; especially if the assessment is to get the exterior back to proper spec.

It's possible that ExtraSlow is right; if there is a registered improvement, maybe they do factor it into the value. But if you haven't let them know, it isn't like they are going to go to every house and reassess any work they might have done to increase the assessed value.

[jdmXSI]

I hope that is the case but I guess time will have to tell. Even if it did increase the value, im sure it wouldn't be that significant of an annual cost to what we are paying now.

[eblend]

went up like 40k....along with the increase in property taxes....i got the lube ready

[eglove]

Up 22k but now it's nearly on par with what has sold lately

[Tik-Tok]

Originally posted by Chandler_Racing
Went down almost $70,000 on my house; haven't got our rental yet.

Did you put a Camaro on cinder blocks in your front lawn or something?

[thetransporter]

went up 80k .

must be the solar panels

[Sorath]

Went down 100k. Yay for cheaper taxes

[max_boost]

Oh man sorath I hope u didn't use last years assessment to help buy your house lol

Mine is up 5.7% and I feel it's reflective of what my house is worth.

[max_boost]

Anyone else buy in 2014 and have their 2015 assessments lower lol

[mrsingh]

Improvements are definitely factored in when permits are taken (which were in my case for the basement). It counts as additional developed space below grade.

[black_2.5RS]

Up 30k myself which is probably right. Every house on my side of the street is a walkout but my neighbors assessment (both left as and right of me) are listed as non walkouts. What's up with that?

[killramos]

I had a special assessment done in the fall of 2013 on my infill. Probably had something to due with the value of the property increasing now that it wasn't a muddy hole in the ground.

That was obviously permitted so it can happen. You could also be assessed lower if it burns down during the year

[cancer man]

Mine went down 50k but i'll be paying 200.00 more than last year.

[rage2]

Developed the basement last year, went up $110k.

[403ep3]

Is there a way to check last years? I didn't get the letter yet, but can you search past years?

[Sugarphreak]

...

[OU812]

[QUOTE]Originally posted by eglove
Up 22k but now it's nearly on par with what has sold lately [/QUOTE

Needs to be on par with prices in July 2014 if I am not mistaken.

[Sorath]

Originally posted by max_boost
Anyone else buy in 2014 and have their 2015 assessments lower lol

me.

But i bought 100k less than assessed last year, so i guess the figure is right?

plus i parked a ford in it so it devalued the house for sure

[rage2]

Originally posted by Sugarphreak
So.... nobody else went up 300K I take it? I swear, Nenshi has it out for me

How the hell did it go up that much? Was last year low or something, or did you add a bunch of stuff to the house?