San Diego Housing Market News and Analysis
Land vs improvements change in assessment
User Forum Topic
Submitted by SD Squatter on June 23, 2012 - 1:18am
I'm puzzled by my latest letter from the county treasurer. After a change-of-ownership tax reassessment the land value almost doubled, while the improvements value was cut almost in half. The total value of the property did not change much.
How is that possible??? It's exactly the same house with no work done since the last assessment a few months ago. What's the point?
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