Just bought a house (Moved in December 27th!) and it's assessed $60k over what we paid. I understand that the assessed value is supposed to the market price at July so my purchase price in December may not be completely accurate, but it also sat on the market in July (and for 5 months afterwards until they dropped the price), unsold, at the price the city's assessed it at...
Went to the calculator and it doesn't make a huge difference to property taxes (maybe $300-$400), but does anybody have experience fighting to get the assessment lowered? How much of an uphill battle would it be?
Last edited by Torture; 01-02-2020 at 04:43 PM.
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