Quote:
Originally Posted by OMG!WTF!
I think it does though because it considers the value of the chattel or improvement worthless. If that were true why does the city compensate people based on the tax assessed value of their property when it gets annexed? It would be fair enough the to just compensate people for their land only value and give them 10k to move their house somewhere. I don't see why mobile homes should be different.
Also the one excuse for decommissioning this park is failing infrastructure. That's what property taxes pay for.
A few trailers in that park are newer...1990 era units worth 80-90k. Some double sided are pushing 100k. A few banks will mortgage them in a slightly different way. The 40k mortgage I used as an example was a guy calling into the Danielle Smith radio show.
|
Did you make that up?
This brand new 2017 home sold out of Red Deer prices out at
$133,000. You can find them even cheaper. I find it super hard to believe a 27 year-old trailer home would be worth $90k. Do you have a link to support what you claimed?